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This new report published by the International Labour Organization (ILO) shows how well-designed employment and social policies can play a crucial role in both boosting job creation and making economic growth more solid and equitable.
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This paper studies the effects of financial liberalization and banking crises on growth. It shows that financial liberalization spurs on average economic growth. Banking crises are harmful for growth, but to a lesser extent in countries with open financial systems and good institutions. The...
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The growth effects of international financial liberalization and integration are investigated using the methodology and data developed by Rajan and Zingales (1998). The main result is that industries highly dependent on external financing do not experience higher growth in value added in...
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