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of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …, and slowly increases at later stages of development. Third, the volatility of country- specific macroeconomic shocks falls …
Persistent link: https://www.econbiz.de/10010744831
Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … development stages of an economy. At higher development stages a financing regime with ex post selection capacity is more …
Persistent link: https://www.econbiz.de/10010745283
appropriate role of information and communication technologies in development and the priority that should be given to enabling …
Persistent link: https://www.econbiz.de/10010746118
This paper outlines a new approach for analysing the role of trade in promoting industrial development. It offers an …
Persistent link: https://www.econbiz.de/10010746698
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the “very unhappy” and the...
Persistent link: https://www.econbiz.de/10011126047
2006 and 2010 of the development, introduction, and use of a computing grid infrastructure by the CERN particle physics … development and use of digital infrastructure as being orientated to the past and future while emerging in the present. …
Persistent link: https://www.econbiz.de/10011126070
their interventions. Since the convening of the influential Sarkozy Commission in 2009, development researchers have been … flurry of research in the development field so as to carry out more nuanced and locally relevant evaluations of the effects …
Persistent link: https://www.econbiz.de/10011126165
Developing countries are vulnerable to the adverse effects of climate change, yet there is disagreement about what they should do to protect themselves from antic- ipated damages. In particular, it is unclear what the optimal balance is between investments in traditional productive capital...
Persistent link: https://www.econbiz.de/10011126276
predicated via three sub-chains (i) from marketization to growth, (ii) from growth to overall material development welfare and … (iii) from material development to social welfare and democracy. We examine each of these sub-links in detail with a view …
Persistent link: https://www.econbiz.de/10011126279
The scope for economic research on resource-rich countries has widened considerably over the past two decades. While examination of market-based channels mechanisms (such as spending effects and exchange-rate appreciation) and resource price volatility are still important, other issues are...
Persistent link: https://www.econbiz.de/10011126509