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"The author presents evidence that balance sheet effects are critical determinants of both the likelihood of a crisis and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis. Both models predict that the occurrence of a balance of...
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Crime and violence are now a key development issue for Central American countries. In three nations El Salvador …, Guatemala, and Honduras crime rates are among the top five in Latin America. This report argues that successful strategies … future options. In addition, the design of national crime reduction plans and the establishment of national cross …
Persistent link: https://www.econbiz.de/10012550541
Crime and violence are now a key development issue for Central American countries. In three nations El Salvador …, Guatemala, and Honduras crime rates are among the top five in Latin America. This report argues that successful strategies … future options. In addition, the design of national crime reduction plans and the establishment of national cross …
Persistent link: https://www.econbiz.de/10012550757
This report analyzes the dynamics of violent crime in Brazil. What factors are driving the overall crime decline in … Brazil? Why is violent crime declining in some states while it is increasing in others? What types of interventions could … bring crime down during the past 10 years is crucial to tackling the challenges posed by the new decade. The purpose of this …
Persistent link: https://www.econbiz.de/10012558057
"It is so widely recognized that innovation is a key driver of economic growth that it is cliche to say so. This article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight manufacturing sectors. The author assesses the predictions of...
Persistent link: https://www.econbiz.de/10011394134
"The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of cross-country and panel regressions, this paper finds an...
Persistent link: https://www.econbiz.de/10011394156
"Empirical evidence suggests that the higher-order effects of natural disasters, which affect intangible assets, may be even more important than the material inter-industry effects. However, most existing general equilibrium models ignore higher order effects concerning human capital. Moreover,...
Persistent link: https://www.econbiz.de/10011394168
"The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory...
Persistent link: https://www.econbiz.de/10010522202