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of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects …
Persistent link: https://www.econbiz.de/10014404018
Persistent link: https://www.econbiz.de/10010479456
This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and...
Persistent link: https://www.econbiz.de/10011704605
In recent years, the link between the real effective exchange rate (REER) and exports in South Africa has weakened. While exports still rise in response to REER depreciations, the REER-export elasticity is below historical estimates. The literature has put forward a number of possible...
Persistent link: https://www.econbiz.de/10011711483
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of … high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to … be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to …
Persistent link: https://www.econbiz.de/10014401753