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Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be...
Persistent link: https://www.econbiz.de/10012010001
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 protectionist measures. The paper investigates the conflicting …
Persistent link: https://www.econbiz.de/10012518909
. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …
Persistent link: https://www.econbiz.de/10012252077
decouple via 'preferential attachment' - id est by aligning themselves with the hub they trade most with. All global technology …This paper proposes channels through which technological decoupling can affect global growth, and embeds these … straddle multiple hubs generally lose, whereas those whose trade is heavily concentrated with one hub may gain due to reduced …
Persistent link: https://www.econbiz.de/10012518889
This paper assesses the impact of climate-related disasters on medium-term growth and analyzes key structural areas … negative impact on medium-term growth, especially for sub-Saharan Africa; and (ii) a disaster's intensity matters much more …
Persistent link: https://www.econbiz.de/10013170064
After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to …'s business dynamism. We show that (i) the revenue share of young firms has declined, (ii) the life-cycle growth of young firms … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …
Persistent link: https://www.econbiz.de/10013170240
its aftermath, exploring the trade-offs between rebuilding human capital and the recovery of livelihoods and macroeconomic …
Persistent link: https://www.econbiz.de/10013170278
Persistent link: https://www.econbiz.de/10012796716
Persistent link: https://www.econbiz.de/10012796736
We measure the impact of frequent exogeneous shocks on small ECCU economies, including changes to global economic activity, tourism flows, oil prices, passport sales, FDI, and natural disasters. Using Canonical-Correlation Analysis (CCA) and dynamic panel regression analysis we find significant...
Persistent link: https://www.econbiz.de/10012796822