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We leverage survey data from emerging and developing Asia to highlight different aspects of household vulnerability to …
Persistent link: https://www.econbiz.de/10015060522
This paper assesses how pro-poor and inclusive Asia's recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia … policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to …
Persistent link: https://www.econbiz.de/10014409435
The emerging European economies have been converging rapidly towards the more advanced European economies in recent years. However, large external imbalances in parts of the region have raised questions about sustainability and concerns about vulnerabilities. Empirical evidence in this paper...
Persistent link: https://www.econbiz.de/10012677624
This paper constructs new indicators of liquidity for equity, bond and money markets in major advanced and emerging market countries, documents their evolution and comovements, and assesses the extent to which such measures are determinants of selected spreads and proxy measures of countries'...
Persistent link: https://www.econbiz.de/10012677727
Persistent link: https://www.econbiz.de/10012691055
Identifying the causal impact of capital inflows on growth and development has been a perennial challenge. This paper proposes a new way to investigate the effect of capital flows on recipient emerging and developing economies, using shift-share instruments and correcting for indirect flows. It...
Persistent link: https://www.econbiz.de/10015058746
The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques for a large cross-section of countries for the period...
Persistent link: https://www.econbiz.de/10012677835
This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education...
Persistent link: https://www.econbiz.de/10012677888
Intro -- Contents -- I. INTRODUCTION -- II. STRUCTURE OF THE ECONOMY -- III. TRENDS IN GDP AND PER CAPITA GDP GROWTH -- IV. GROWTH ACCOUNTING AND TOTAL FACTOR PRODUCTIVITY -- V. IMPLICATIONS FOR MEDIUM-TERM GROWTH -- VI. DETERMINANTS OF PRODUCTIVITY IN PAPUA NEW GUINEA -- VII. SUMMARY AND...
Persistent link: https://www.econbiz.de/10012691125
examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …
Persistent link: https://www.econbiz.de/10009659761