Showing 1 - 10 of 10
Development economics is split between macro-development economists - who focus on economic growth, international trade, and fiscal/macro policies - and micro-development economists - who study microfinance, education, health, and other social programs. Recently there has been substantial...
Persistent link: https://www.econbiz.de/10012722694
traced back to good institutions, including property rights (particularly non-expropriation of sugar plantations), abjuration … cabinet). But from where did the good institutions come? They were chosen around the time of independence (1968). Why in … dysfunctional politics. Here, however, it brings cosmopolitan benefits. The institutions manage to balance the ethnic groups; none …
Persistent link: https://www.econbiz.de/10014191292
Persistent link: https://www.econbiz.de/10013120590
The bulk of global inequality is accounted for by income differences across countries rather than within countries. Expanding trade with China has aggravated inequality in some advanced economies, while ameliorating global inequality. But the “China shock” is receding and other low-income...
Persistent link: https://www.econbiz.de/10012963990
This paper investigates whether leading indicators can help explain the cross-country incidence of the 2008-09 financial crisis. Rather than looking for indicators with specific relevance to the current crisis, the selection of variables is driven by an extensive review of more than eighty...
Persistent link: https://www.econbiz.de/10014175004
In this paper we examine several dimensions of gender disparity for a sample of 40 countries using micro-level data. We start by documenting the reversal of the gender education gap and ranking countries by the year in which it reversed. Then we turn to an analysis of the state of other gaps...
Persistent link: https://www.econbiz.de/10014181329
world commodity prices, volatility, crowding out of manufacturing, civil war, poor institutions, and the Dutch Disease. The … paper concludes with a consideration of promising ideas for institutions that could help a country that is rich in, say, oil …
Persistent link: https://www.econbiz.de/10014197264
The euro has arisen as a credible eventual competitor to the dollar as leading international currency, much as the dollar rose to challenge the pound 70 years ago. This paper uses econometrically-estimated determinants of the shares of major currencies in the reserve holdings of the world's...
Persistent link: https://www.econbiz.de/10014221029
Written for a PIIE conference on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar dollar-based system. It considers (1) measures of international currency use; (2) potential challengers to the dollar; (3) network externalities; and (4) the...
Persistent link: https://www.econbiz.de/10014347796
environmentalists that the WTO is an obstacle to their goals in general. The issue transcends institutions. For the critics, the WTO is … policy and whether they are likely to come into conflict with the WTO …
Persistent link: https://www.econbiz.de/10014210047