Showing 1 - 10 of 743
We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i) "internationalization" of the currency; (ii) currency convertibility; and (iii) reserve currency status. Their sequencing in relation to other policy goals such as financial sector...
Persistent link: https://www.econbiz.de/10009530739
Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster … macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises … interdependencies between the two types of crises, feedbacks between the two types of reform, the use of alternative measures of …
Persistent link: https://www.econbiz.de/10003348532
This study charts the differences between the sickness absence of immigrants and Swedes during a period when a flourishing labour market in the beginning of the 1990s turned into a tense and problematic one. We consider not only human capital factors for various immigrant groups and natives, but...
Persistent link: https://www.econbiz.de/10003754908
comprehensive analysis of richness. -- Richness ; affluence ; poverty ; tax reform ; flat tax …
Persistent link: https://www.econbiz.de/10003771064
in place of the HDI. Indeed, in the World Values Survey, only one other country (Iceland) has a significantly higher …
Persistent link: https://www.econbiz.de/10003320917
Today's labor-scarce economies have open trade and closed immigration policies, while a century ago they had just the opposite, open immigration and closed trade policies. Why the inverse policy correlation, and why has it persisted for almost two centuries? This paper seeks answers to this dual...
Persistent link: https://www.econbiz.de/10003328062
The paper reviews national and international experiences with different combinations of in-work benefits, subsidized employment, statutory minimum wages and implicit minimum wages defined by social assistance provisions. It calls for a cautious approach regarding the introduction of additional...
Persistent link: https://www.econbiz.de/10003330274
In most destination countries, immigration policies are increasingly tilted toward the most skilled individuals. Whether this shift hurts economic prospects in sending countries, as argued by the traditional brain drain literature, is somewhat controversial. The most recent literature has...
Persistent link: https://www.econbiz.de/10003330458
In this research, the relationship between globalisation and poverty and income inequality is determined. A whole new globalisation index has been constructed based on data covering a large sample of 65 developing countries. The index is based on the globalisation index proposed by A.T. Kearney...
Persistent link: https://www.econbiz.de/10003355554
We study the process of endogenous democratization from inefficient oligarchic systems in an economy where heterogeneous individuals can get involved in predation activities. The features of democracies are shown to be crucially related to the conditions under which democratization initially...
Persistent link: https://www.econbiz.de/10003355555