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We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic...
Persistent link: https://www.econbiz.de/10011716658
of trade barriers or restrictions on capital outflows or inflows (“globalization”) allows them to serve the domestic …
Persistent link: https://www.econbiz.de/10014400720
globalization poses for revenue mobilization in Sub-Saharan Africa (SSA): from corporate tax competition, and from trade …
Persistent link: https://www.econbiz.de/10014402387
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
Persistent link: https://www.econbiz.de/10009488694
India embarked on reintegration with the world economy in the early 1990s. At first, a certain limited opening took … internationalisation of firms including the emergence of Indian multinationals.Through this process, de facto openness has risen sharply …
Persistent link: https://www.econbiz.de/10014403094
The question of how India should adapt monetary policy to ongoing financial globalization has gained prominence with … countries that have adapted to financial globalization, drawing lessons for India. While we find no strong relationship between … the recent surge in capital inflows. This paper documents the degree to which India has become financially globalized …
Persistent link: https://www.econbiz.de/10014401391
macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidities in the formal labor and product … markets. Along with increasing GDP and employment, deregulation also leads to lower informality and greater product market …
Persistent link: https://www.econbiz.de/10011705079
This paper explores the causes of India''s productivity surge around 1980, more than a decade before serious economic … response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in …
Persistent link: https://www.econbiz.de/10014401305
decisions? We examine this question in the context of India''s 1991 tariff reforms. Overall, in the 1990s, rural India … India''s rise in schooling and a third of the fall in child labor during the 1990s can be explained by falling poverty and …
Persistent link: https://www.econbiz.de/10014400340