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developing world. While fewer people are poor by the global absolute standard, more are poor by the country-specific relative … standard. The vast bulk of poverty, both absolute and relative, is now found in the developing world …
Persistent link: https://www.econbiz.de/10012480155
The late 18th century saw the intellectual germ of the idea of "ending poverty," but the idea did not get far in economics or policy making until much more recently. Over the 19th century, poverty rates fell substantially in Western Europe and North America, and we started to see mainstream...
Persistent link: https://www.econbiz.de/10012481111
This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of globalization: trade and international capital flows. Past researchers have argued that global economic integration should help the poor since poor countries have a comparative advantage...
Persistent link: https://www.econbiz.de/10012466318
used to measure poverty, grows less rapidly than consumption measured in national accounts, in the world as a whole, and in … statistical procedures in poor countries understate the rate of global poverty reduction, and overstate growth in the world …
Persistent link: https://www.econbiz.de/10012468876
central case analysis, revenues from globally internalizing carbon pricing rise to 7% and then fall to 5% of gross world …
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into the World Trade Organization. As a result, they reduce the supply of credit to firms, irrespective of the firm …
Persistent link: https://www.econbiz.de/10014250129
This paper surveys the recent empirical literature on historical banking crises, defined as events taking place before 1980. Advances in data collection and identification have provided new insights into the causes and consequences of crises both immediately and over the long run. We highlight...
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