Showing 1 - 10 of 2,429
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
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
Small Developing States (SDS) face substantial challenges in achieving sustainable development. Many of these … countries to the impact of climate change and natural disasters. Meeting SDS sustainable development goals goes hand …-in-hand with building their climate resilience. But the additional costs to meet development and resilience objectives are …
Persistent link: https://www.econbiz.de/10012518849
-challenged world, and the importance of infrastructure investment geared toward such systems changes. The key policies to enable the …
Persistent link: https://www.econbiz.de/10012612346
Millennium Development Goals set the stage for global support of ambitious development goals behind which the world must rally … achievement of the Sustainable Development Goals. The paper examines the role of Islamic financial institutions, capital markets …The Sustainable Development Goals, the global development agenda for 2015 through 2030, will require unprecedented …
Persistent link: https://www.econbiz.de/10012564673
While substantial research finds that financial development boosts overall economic growth, the authors study whether … financial development is pro-poor: Does financial development disproportionately raise the income of the poor? Using a broad … cross-country sample, the authors find that the answer is yes: Financial intermediary development reduces income inequality …
Persistent link: https://www.econbiz.de/10012559755
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
restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of …
Persistent link: https://www.econbiz.de/10014397575
specially modified version of the MULTIMOD world economic model. Simulation results indicate that in developing countries the … economic externality due to enhanced trade and lower world interest rates. Accordingly, the net debtor developing country gains …
Persistent link: https://www.econbiz.de/10014398100
Multidimensional assessment of human development is increasingly recognized as playing an important role in assessing … well-being. The focus of analysis is on the indicators measuring the three dimensions of Human Development Index (HDI … Sustainable Development. The study estimates the effects of public social spending on gross national income (GNI) per capita (in …
Persistent link: https://www.econbiz.de/10012103758