Showing 1 - 10 of 421
This paper analyzes developments in the structure of trade in the Commonwealth of Independent States (CIS) during the … transition decade, and finds that it changed less than in other transition economies. Trade openness of the CIS increased between … include slower progress in transition, geographic aspects, restrictions on trade, governance and corruption problems, weak …
Persistent link: https://www.econbiz.de/10005604992
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
deficits; (ii) they run budget surpluses; (iii) the terms of trade improve; (iv) they are less open; and (v) GDP growth … declines. Monetary policy, financial development, per capita GDP, and the de jure exchange rate classification matter less …
Persistent link: https://www.econbiz.de/10005826402
programs intended to improve living standards. The purpose is to include ethics of governance, and, in particular, unethical … behavior of the strong toward the weak, in preconditions for economic development. …
Persistent link: https://www.econbiz.de/10005826516
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income … levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions … a strong indirect effect through institutions. Similarly, controlling for institutions, trade has a negative, albeit …
Persistent link: https://www.econbiz.de/10005826539
We revisit Lipset‘s law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita...
Persistent link: https://www.econbiz.de/10011242229
This paper reviews major issues involved in achieving the objectives of the New Partnership for Africa's Development … areas of poverty reduction, macroeconomic policies, trade promotion, attracting capital flows, and governance and …
Persistent link: https://www.econbiz.de/10005768860
The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of...
Persistent link: https://www.econbiz.de/10005825986
if China's relative presence continues to rise in the regional trade. …
Persistent link: https://www.econbiz.de/10005826046
India's exports nearly tripled in the 1990s. Decomposing export growth shows that it has been driven by incumbent firms rather than the entry of new firms. By using a new panel on Indian firms and estimating a dynamic discrete-choice model of the firm's decision to export, we find evidence that...
Persistent link: https://www.econbiz.de/10005826229