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Trade and inclusive growth
Bacchetta, Marc; Cerra, Valerie; Piermartini, Roberta; … - 2021
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
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The endogenous skill bias of technical change and inequality in developing countries
Behar, Alberto - 2013
Persistent link: https://www.econbiz.de/10009726546
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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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FDI, global value chains, and local sourcing in developing countries
Amendolagine, Vito; Presbitero, Andrea; Rabellotti, Roberta - 2017
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors....
Persistent link: https://www.econbiz.de/10012112331
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How Does Financial Globalization Affect Risk Sharing? : Patterns and Channels
Terrones, Marco - 2007
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … outcomes during the recent period of globalization. Developing countries have, by and large, been shut out of this benefit. The … why emerging markets have not been able to realize this presumed benefit of financial globalization. In particular, our …
Persistent link: https://www.econbiz.de/10014400319
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Developing Countries and the Globalization of Financial Markets
Knight, Malcolm D. - 1998
This paper analyzes the impact of the globalization of financial markets on developing and transition economies …
Persistent link: https://www.econbiz.de/10014403407
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Financial Globalization : A Reappraisal
Kose, M. Ayhan - 2006
The literature on the benefits and costs of financial globalization for developing countries has exploded in recent … macroeconomic effects of financial globalization, in terms of both growth and volatility. Overall, our critical reading of the … financial globalization, but with many nuances. On the other hand, there is little systematic evidence to support widely cited …
Persistent link: https://www.econbiz.de/10014401981
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How Does Globalization Affect the Synchronization of Business Cycles?
Kose, M. Ayhan - 2003
wisdom that globalization has increased the degree of synchronization of business cycles. The evidence that trade and …
Persistent link: https://www.econbiz.de/10014404021
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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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The structural determinants of the labor share in Europe
Dimova, Dilyana - 2019
globalization hurt sectors where jobs are routinizable but helped others that require specialized skills. High-skilled professionals … share owing to globalization and the erosion of labor market safety nets …
Persistent link: https://www.econbiz.de/10012009975