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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
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Income inequality in small states and the Caribbean : stylized facts and determinants
McIntyre, Meredith A.; Bejar, Pablo; Komatsuzaki, Takuji; … - 2021
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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Meeting the Sustainable Development Goals in small developing states with climate vulnerabilities : cost and financing
Tiedemann, Johanna; Piatkov, Veronica; Prihardini, Dinar; … - 2021
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
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Climate action to unlock the inclusive growth story of the 21st century
Bhattacharya, Amarendra; Ivanyna, Maksym; Oman, William; … - 2021
-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
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Debt build-up in frontier Low-Income Developing Countries (LIDCs) since 2012 : global or country-specific factors and way forward?
De Soyres, Constance; Rogantini Picco, Anna; Sab, Randa - 2019
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
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International Capital Flows and Development : Financial Openness Matters
Ricci, Luca Antonio - 2010
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
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The Impact of Worldwide Military Spending Cutson Developing Countries
Symansky, Steven A. - 1993
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
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Multiple dimensions of Human Development Index and public social spending for sustainable development
Paliova, Iana; McNown, Robert F.; Nülle, Grant - 2019
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
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A time to build : does technical assistance matter for revenue mobilization?
Chami, Ralph; Darkey, Elorm; Williams, Oral Highworth - 2021
We use a unique data set for 115 countries, from 2000-18, and 5-year non-overlapping averages to explore the impact of technical assitance on revenue mobilization. To the authors' knowledge this is the first such effort to determine a direct relationship between technical assistance and the...
Persistent link: https://www.econbiz.de/10012518287
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Global climate change mitigation, fossil-fuel driven development, and the role of financial and technology transfers : a simple framework
Wiegand, Johannes - 2021
; (iv) ultimately, a superior option-for both the world's climate and growth prospects-is the development of clean energy … capacity, thus causing global warming and blocking a similar, fossil-fuel driven development path for emerging markets and … developing economies (EMDEs). This paper develops a simple model of a sequential, fossil-fuel driven development process to …
Persistent link: https://www.econbiz.de/10012795135