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Domestic amplifiers of external shocks : growth accelerations and reversals in emerging market and developing economies
Gruss, Bertrand; Nabar, Malhar; Poplawski-Ribeiro, Marcos - 2019
External conditions have been found to influence the tendency of emerging market and developing economies to experience episodes of growth accelerations and reversals. In this paper we study the role of domestic policies and other structural attributes in amplifying or mitigating the effect that...
Persistent link: https://www.econbiz.de/10012102045
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Credit Booms and macroeconomic dynamics : stylized facts and lessons for low-income countries
Arena, Marco; Bouza, Serpil; Dabla-Norris, Era; … - 2015
Persistent link: https://www.econbiz.de/10011282724
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Credit Booms and Macroeconomic Dynamics: Stylized Facts and Lessons for Low-Income Countries
2015 - Arena, Marco ; Bouza, Serpil ; Dabla-Norris, Era ; Gerling, Kerstin ; Njie, Lamin ed
Using a comprehensive database on bank credit, covering 135 developing countries over the period 1960�2011, we identify, document, and compare the macro-economic dynamics of credit booms across low-and middle-income countries. The results suggest that while the duration and magnitude of credit...
Persistent link: https://www.econbiz.de/10014411922
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National central cities, technological innovation, and economic growth
Ma, Jinghao; Shang, Yujie; Liang, Zhenghan - In: Finance research letters 67 (2024) 2, pp. 1-7
Persistent link: https://www.econbiz.de/10015062487
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Reinvigorating growth in Belize
Vasilʹev, D. S. - 2019
In the 1990s and early 2000s, Belize grew faster than its regional peers. By the mid-2000s, however, economic growth had slowed down to the regional average. A vicious circle of low growth and increasing public debt has been clouding Belize's outlook. This paper applies a growth diagnostic...
Persistent link: https://www.econbiz.de/10012001597
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Will the AI revolution cause a great divergence?
Alonso, Cristian; Berg, Andrew; Kothari, Siddharth; … - 2020
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
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Technological progress, artificial intelligence, and inclusive growth
Korinek, Anton; Schindler, Martin; Stiglitz, Joseph E. - 2021
Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological...
Persistent link: https://www.econbiz.de/10012612326
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Potential growth in emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - 2014
Persistent link: https://www.econbiz.de/10010389478
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Potential Growth in Emerging Asia
Anand, Rahul - 2014
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10014394381
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The leap of the tiger : how Malaysia can escape the middle-income trap
Chérif, Réda; Hasanov, Fuad - 2015
Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970 … of Korea and Taiwan Province of China. We argue that what characterizes their experience in contrast to Malaysia’s is the …
Persistent link: https://www.econbiz.de/10011374753