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innovation, but once discovery takes place there is an incentive to lower protection. The sub optimal but time consistent policy … involves an insufficient level of protection and, therefore, of innovation. In more technologically advanced economies … participation in the World Trade Organization, or, more controversially, some form of bilateral punishment, may be used …
Persistent link: https://www.econbiz.de/10014401239
Persistent link: https://www.econbiz.de/10009424813
Persistent link: https://www.econbiz.de/10009487110
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 challenges relate to the small size and limited diversification of their economies. SDS are also among the most vulnerable countries to the impact of climate change and natural...
Persistent link: https://www.econbiz.de/10012518849
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and...
Persistent link: https://www.econbiz.de/10012518909
the destination country through the impact on labor markets, productivity, innovation, demographic structure, fiscal …
Persistent link: https://www.econbiz.de/10012518988
-challenged world, and the importance of infrastructure investment geared toward such systems changes. The key policies to enable the … and innovation policies, building resilience and adaptation, better measurement of well-being and sustainability, and …
Persistent link: https://www.econbiz.de/10012612346
; (iv) ultimately, a superior option-for both the world's climate and growth prospects-is the development of clean energy …
Persistent link: https://www.econbiz.de/10012795135
This study focuses on identifying the main factors that influenced country-specific and aggregate demand for IMF concessional financing between 1986 and 2018 and makes within-period and out-of-period forecasts. We find that the external debt level, inflation, and real effective exchange rate are...
Persistent link: https://www.econbiz.de/10012487316