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Flexibility of adjustment to shocks: Economic growth and volatility of middle-income countries before and after the Global Financial Crisis of 2008

Aizenman, Joshua; Jinjarak, Yothin; Estrada, Gemma; … - 2017

The pronounced and persistent impact of the global financial crisis of 2008 motivates our empirical analysis of the role of institutions and macroeconomic fundamentals on countries' adjustment to shocks. Our empirical analysis shows that the associations of growth level, growth volatility,...

Persistent link: https://www.econbiz.de/10012064688

Is India's Long-Term Trend Growth Declining?

Patnaik, Ila; Pundit, Madhavi - 2014

The recent decline in gross domestic product (GDP) growth in India raised a debate about whether it is a trend or a business cycle slowdown. We observe a cyclical downturn post-global financial crisis due to external and domestic conditions. With global recovery strengthening and appropriate...

Persistent link: https://www.econbiz.de/10011432712

A Cross-Country Analysis of Achievements and Inequities in Economic Growth and Standards of Living

Son, Hyun - 2009

This paper compares achievements and inequities in standards of living across countries. Achievement is measured by an index, which is constructed to reflect greater achievement for an increase in the standard of living of a country that is already at a high level compared to that of another...

Persistent link: https://www.econbiz.de/10010507273

When Fast Growing Economies Slow Down: International Evidence and Implications for the People's Republic of China

Eichengreen, Barry; Park, Donghyun; Shin, Kwanho - 2011

This paper analyzes international historical evidence and finds that economic growth slows down when per capita income reaches US{dollar}17,000.

Persistent link: https://www.econbiz.de/10010507314

Asia's Changing Role in World Trade: Prospects for South - South Trade Growth to 2030

Anderson, Kym; Strutt, Anna - 2011

from the North Atlantic, raising the importance of Asia in world trade, and boosting South–South trade. How will trade … of the world? In particular, what can be expected of developing Asia's intraregional trade and its trade with other … developing country regions? This paper addresses these questions by projecting a core baseline for the world economy from 2004 to …

Persistent link: https://www.econbiz.de/10010507323