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Understanding the growth of the middle class in Bolivia

Beverinotti, Javier; Canavire-Bacarreza, Gustavo; … - 2021

In this paper we aim to disentangle how sectoral economic growth affects the size of the middle class, using state-level data of Bolivia from 2000 to 2017 and breaking the three main economic activities into subsectors to attain more-specific results. Because the data from Bolivia are limited,...

Persistent link: https://www.econbiz.de/10012599748

Loss-of-learning and the post-Covid recovery in low-income countries

Buffie, Edward F.; Adam, Christopher S.; Zanna, Luis-Felipe - 2022

We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...

Persistent link: https://www.econbiz.de/10013170278

Debt, investment, and growth in developing countries with segmented labor markets

Buffie, Edward F.; Zanna, Luis-Felipe; Adam, Christopher S. - 2020

policy programs and their impact on labor market outcomes, inequality, and poverty. The paper illustrates the model … than investment in infrastructure in promoting long-run economic development when investments earn their average estimated … policymakers' social discount rate and on the weight of distributional objectives in the social welfare function …

Persistent link: https://www.econbiz.de/10012252029

Does child marriage matter for growth?

Mitra, Pritha; Pondi Endengle, Eric M.; Pant, Malika; … - 2020

marriage is not only critical from a development perspective but it also has important economic implications. This paper is the …

Persistent link: https://www.econbiz.de/10012170160

Institutions do not rule : reassessing the driving forces of economic development

Wen, Yi; Luo, Jinfeng - 2015

Persistent link: https://www.econbiz.de/10010518018

In search of larger per capita incomes : how to prioritize across productivity determinants?

Izquierdo, Alejandro; Llopis, Jimena; Muratori, Umberto; … - 2016

This study is a first contribution to prioritization across productivity determinant capabilities that attempts to obtain the equivalent of a "shadow price" for each of these capabilities by estimating their impact on the success a country may have in reaching higher income per capita groups....

Persistent link: https://www.econbiz.de/10011457783

The productivity gap in Latin America : lessons from 50 years of development

Fernández Arias, Eduardo; Rodríguez-Apolinar, Sergio - 2016

This paper combines development accounting exercises with economic theory to assess the importance of total factor … successful development benchmarks are explained by subpar productivity gains rather than slower factor accumulation. The … empirical analysis of the interplay between productivity and accumulation in the process of development suggests that one …

Persistent link: https://www.econbiz.de/10011472124

Post-Covid-19 recovery and resilience : leveraging reforms for growth and inclusion in Sub-Saharan Africa

Hong, Gee Hee; Igan, Deniz; Lee, Do - 2021

growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …

Persistent link: https://www.econbiz.de/10012518323

Demographics in MENA countries : a major driver for economic growth

Forouheshfar, Yeganeh; Mekkaoui-de Freitas, Najat el-; … - 2019

Persistent link: https://www.econbiz.de/10012244534

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