This paper studies the proposition that capital inflows tend to take the form of FDI -i.e., the share of FDI in total liabilities tends to be higher- in countries that are safer, more promising and with better institutions and policies. It finds that this view is patently wrong since it stands...

This paper investigates the relevance of business saving for private saving and investment around the world by constructing and exploiting a broad international, unbalanced panel of 64 countries over 1990-2012. The paper shows that businesses are the main contributors to private and national...

Fourteen essays by experienced political leaders, researchers and scholars examine the political economy and international relations of the Caribbean. Strategies for sustainable development include proposals to link productive structures among private sectors and increase institutional flexibility.

The objective of this book is to provide policy recommendations to reduce the economic vulnerability of the poor to adverse shocks and help them cope with income downturns. The authors suggest that, social equity arguments aside, insuring the poor is desirable in terms of economic efficiency....

Fourteen essays by experienced political leaders, researchers and scholars examine the political economy and international relations of the Caribbean. Strategies for sustainable development include proposals to link productive structures among private sectors and increase institutional flexibility.

The objective of this book is to provide policy recommendations to reduce the economic vulnerability of the poor to adverse shocks and help them cope with income downturns. The authors suggest that, social equity arguments aside, insuring the poor is desirable in terms of economic efficiency....