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Is there a one-size-fits-all approach to inclusive growth? We look at four key case studies across advanced and emerging markets-the Nordics, India, Brazil, and Egypt-to try to answer this question. We highlight qualitatively in these countries the key components of inclusive growth models,...
Persistent link: https://www.econbiz.de/10012605019
participation, female formal employment, gender wage gap, as well as on aggregate economic outcomes. The model is estimated using …, and further widens gender gaps in formal employment and wages. Simultaneously implementing such policies with formal job …
Persistent link: https://www.econbiz.de/10011436767
different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle …
Persistent link: https://www.econbiz.de/10012518902
Employment is key to combating poverty. Thus, detractors of social assistance programs argue that they create … jury is still out with respect to their impact on formal employment. This paper exploits an unannounced change in the … identify the causal impact of the program on formal employment, combining three large administrative datasets. This paper finds …
Persistent link: https://www.econbiz.de/10012252007
With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear...
Persistent link: https://www.econbiz.de/10014404145
This article investigates how financial development helps to reduce poverty directly through the McKinnon conduit …
Persistent link: https://www.econbiz.de/10014401477
Recent studies on the relationship between financial development and poverty have been inconclusive. Some claim that …. Its results suggest that financial deepening could narrow income inequality and reduce poverty, and that stronger property …
Persistent link: https://www.econbiz.de/10014398602
This study quantifies the importance of a Global Financial Cycle (GFCy) for capital flows. We use capital flow data dis-aggregated by direction and type between 1990Q1 and 2015Q5 for 85 countries, and conventional techniques, models and metrics. Since the GFCy is an unobservable concept, we use...
Persistent link: https://www.econbiz.de/10011799668
-border component of foreign direct investment (FDI). The extent of financial leverage through local debt is positively related to host …
Persistent link: https://www.econbiz.de/10014404176
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and … markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we … show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in …
Persistent link: https://www.econbiz.de/10014401275