Similar Search Results

Can there Be a Wave-Like Association between Economic Growth and Inequality? Theory and Lessons for East Asia from the Middle East

Gangopadhyay, Partha - 2012

High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the interrelationships between inequality and economic growth. This...

Persistent link: https://www.econbiz.de/10013099565

Limits of Monetary Policy Autonomy by East Asian Debtor Central Banks

Loeffler, Axel - 2013

Due to buoyant capital inflows East Asian central banks with exchange rate targets accumulate foreign reserves and thereby increase surplus liquidity. East Asian central banks with more flexible exchange rate regimes also face surplus liquidity that mainly emanates from past accumulation of...

Persistent link: https://www.econbiz.de/10013091528

Modi's 'Make in India' Industrial Reform Policy and East Asian Flying-Geese Paradigm

Nam, Chang Woon - 2017

The on-going ‘Make in India' campaign aims at manufacturing revival. Its characteristics resemble East Asian industrial reform and growth policies based on the flying-geese model which highlights ‘step-by-step' changes in a country's specialisation pattern and global competitiveness...

Persistent link: https://www.econbiz.de/10012956706

Exchange Rate Volatility and Growth in Emerging Europe and East Asia

Schnabl, Gunther - 2021

The paper investigates the impact of exchange rate volatility on growth in Emerging Europe and East Asia. Exchange stability has been argued to affect growth negatively as it deprives countries from the ability to react in a flexible way to asymmetric real shocks and may enhance the probability...

Persistent link: https://www.econbiz.de/10013317017

The Evolution of the East Asian Currency Baskets - Still Undisclosed and Changing

Schnabl, Gunther - 2021

Both before and after the Asian crisis, the dollar has been the dominant anchor and reserve currency in East Asia. Due to underdeveloped capital markets and the limited international role of their domestic currencies, the East Asian countries (except Japan) are likely to continue to stabilize...

Persistent link: https://www.econbiz.de/10013317274

Why Does Environmental Policy in Representative Democracies Tend to Be Inadequate? A Preliminary Public Choice Analysis

Kollmann, Andrea - 2010

There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...

Persistent link: https://www.econbiz.de/10013136587

Tullock Challenges : Happiness, Revolutions and Democracy

Frey, Bruno S. - 2011

Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges." The first relates to method: The measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...

Persistent link: https://www.econbiz.de/10013124683

How to Tame Two Leviathans? - Revisiting the Effect of Direct Democracy on Local Public Expenditure

Galletta, Sergio - 2012

We explore how the vertical structure of direct democracy in a federal context affects expenditure decisions of sub … of direct democracy. This allows us to take into account vertical differences between institutions, i.e. we can … distinguish the effect of state direct democracy on local expenditures for municipalities with and without own direct democratic …

Persistent link: https://www.econbiz.de/10013098336

Free Trade Agreements and the Consolidation of Democracy

Liu, Xuepeng - 2013

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …

Persistent link: https://www.econbiz.de/10013086606

Commodity Price Volatility, Democracy and Economic Growth

Arezki, Rabah - 2013

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...

Persistent link: https://www.econbiz.de/10013092229