Showing 1 - 10 of 1,390
Five years into the ongoing and tragic conflict, the paper analyzes how Syria's economy and its people have been … what it was before the war started and it could take two decades or more for Syria to return to its pre-conflict GDP levels …
Persistent link: https://www.econbiz.de/10011711573
capacity building, highlighting three important political ingredients: constitutive institutions, inclusive politics and …
Persistent link: https://www.econbiz.de/10011716283
Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data limitations, the empirical analysis using a sample of small states finds that increased openness and...
Persistent link: https://www.econbiz.de/10012518290
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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
Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We use two separate databases: a novel contemporary...
Persistent link: https://www.econbiz.de/10011716284
This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ratios, a composition shift toward higher non-concessional debt, and a rise in...
Persistent link: https://www.econbiz.de/10012009382
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income … levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions … ""trumps"" everything else. Controlling for institutions, geography have at best weak direct effects on incomes, although it …
Persistent link: https://www.econbiz.de/10014401492