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Shadow Economies Around the World : Size, Causes, and Consequences
Schneider, Friedrich - 2000
This paper presents estimates of the size of the shadow economy in 76 developing, transition, and OECD countries, which are derived by combining figures from different estimation methods. We describe and discuss the strengths and weaknesses of the different estimation methods. We find that the...
Persistent link: https://www.econbiz.de/10014399609
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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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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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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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Does Financial Globalization Induce Better Macroeconomic Policies?
Wei, Shang-Jin - 2004
whether financial globalization has helped induce governments to pursue better macroeconomic policies (the ""discipline effect … robust causal evidence. There is some evidence that financial globalization may have induced countries to pursue low …
Persistent link: https://www.econbiz.de/10014400935
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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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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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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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The Endogenous Skill Bias of Technical Change and Inequality in Developing Countries
Behar, Alberto - 2013
This paper draws on existing empirical literature and an original theoretical model to argue that globalization and …
Persistent link: https://www.econbiz.de/10014395381