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) structural reform, automation, improving rules and procedures (including for fiscal and monetary policies) to limit the …
Persistent link: https://www.econbiz.de/10012604784
process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these … criteria. Systems operating at various levels of automation are compared with respect to age, geographical location, and type … asymmetric information increases with the level of automation of price discovery. The potential for trading abuses related to …
Persistent link: https://www.econbiz.de/10014395803
Climate financing and compensation have emerged as key themes in the international climate mitigation debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere's absorptive capacity, thus causing global warming and blocking a...
Persistent link: https://www.econbiz.de/10012795135
Climate change poses an existential threat to the global economy. While there is a growing body of literature on the economic consequences of climate change, research on the link between climate change and sovereign default risk is nonexistent. We aim to fill this gap in the literature by...
Persistent link: https://www.econbiz.de/10012392493
Not anytime soon. Using a novel dataset covering 127 countries and spanning two centuries, we find evidence for an energy Kuznets curve, with an initial decline of energy demand at low levels of per capita income followed by stages of acceleration and then saturation at high-income levels....
Persistent link: https://www.econbiz.de/10012392616
Recent financial crises including the ongoing one caused by the COVID-19 pandemic have consistently drawn attention to the need to strengthen the quality of public debt management in emerging markets and developing countries. Deeper and more efficient domestic government debt markets-being, a...
Persistent link: https://www.econbiz.de/10012392641
Small Developing States (SDS) face substantial challenges in achieving sustainable development. Many of these challenges relate to the small size and limited diversification of their economies. SDS are also among the most vulnerable countries to the impact of climate change and natural...
Persistent link: https://www.econbiz.de/10012518849
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and...
Persistent link: https://www.econbiz.de/10012518909