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Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of … de-industrialization (Brazil, Russia and South Africa). China is the only country where an expanding manufacturing sector … China and the other BRICS. These differences are down to differences in industrial policy: in China industrial policy …
Persistent link: https://www.econbiz.de/10009786965
China) countries. The results reveal a strong impact of international variables on GDP growth. In contrast to the other … countries, China plays a crucial role in determining global trade and oil prices. Hence, the change in the Chinese growth …
Persistent link: https://www.econbiz.de/10011631497
vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … to Latin America and the rest of emerging Asia (excluding China and India) GDP has not undergone any significant change …
Persistent link: https://www.econbiz.de/10009311486
China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …
Persistent link: https://www.econbiz.de/10014279871
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...
Persistent link: https://www.econbiz.de/10009535062
Utilitarian foundations for limited government are shaky insofar as they assume rational and consistent individuals. Recently economists' assumption of rational actors has come under sustained attack. Behavioural economics has suggested that people are plagued by irrational biases and...
Persistent link: https://www.econbiz.de/10009629607
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10009537271
In this paper, we study how wage mobility in the low-wage sector has changed in western Germany between 1984 and 2004. Using German individual register data, we document a clear upward trend in the persistence of low-wage employment for both men and women. Next to compositional shifts of the...
Persistent link: https://www.econbiz.de/10009675516
This paper provides new insights into the role of governments and businesses in responding to pandemics in the Arab region. It uses the COVID-19 World Bank Enterprise Survey Follow-up dataset to examine the degree of business endurance in Jordan and Morocco amid the pandemic. Relying on the...
Persistent link: https://www.econbiz.de/10012596030
Two very different approaches are used to explore the relation between market orientation and gender wage differentials in international data. More market orientation might be related to gender wage gaps via its effects on competition in product and labor markets and the general absence of...
Persistent link: https://www.econbiz.de/10003591492