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"Broner, Lorenzoni, and Schmukler argue that emerging economies borrow short term due to the high risk premium charged … by international capital markets on long-term debt. They first present a model where the debt maturity structure is the … outcome of a risk-sharing problem between the government and bondholders. By issuing long-term debt, the government lowers the …
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This report discusses the energy sector in Vietnam. The central task for the energy sector is to meet demands for electricity in sufficient quantity and of an acceptable quality, in as commercially and financially efficient a way as possible. Several issues arise if this task is to be...
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"Recent changes in information and communication technologies have contributed to a dramatic increase in the degree of integration and interdependency of countries, markets, and people. Against this background, one aspect of particular concern for small states is the international movement of...
Persistent link: https://www.econbiz.de/10011394121
"A range of alternative empirical definitions of informal activity have been employed in the literature. Choice of definition is often dictated by data availability. Different definitions may imply very different conceptual understandings of informality. In this paper the authors investigate the...
Persistent link: https://www.econbiz.de/10010522194
"Recent literature and new data help determine plausible bounds to some key demographic differences between the poor and non-poor in the developing world. The author estimates that selective mortality-whereby poorer people tend to have higher death rates-accounts for 10-30 percent of the...
Persistent link: https://www.econbiz.de/10010522620
"In recent years an extensive body of literature has emerged on the definition, measurement, and analysis of poverty …
Persistent link: https://www.econbiz.de/10010522935
larger effort in the vice presidency to improve measurement of vulnerability to poverty"--World Bank web site …
Persistent link: https://www.econbiz.de/10010522959