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We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce...
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Using 2011-12 consumption micro-data, we find that nearly one-third of the variation in living standards in India can … individual's perspective, living standards are higher in richer, but more unequal, locations in India. The central factor behind … these findings is the large difference in average consumption levels between rural and urban India and continued divergence …
Persistent link: https://www.econbiz.de/10012518698
This paper evaluates the impact of the sociopolitical crisis in Côte d''Ivoire on the economies of its neighbors. Using a nonsubjective weighted index of regional instability in cross-country time-series regressions, it shows that the increase in regional instability caused by domestic...
Persistent link: https://www.econbiz.de/10014403896
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This article documents recent developments in emerging markets in the context of the COVID-19 pandemic, assesses their prospects and challenges, and discusses appropriate policy settings for the medium term. It argues that EM policymakers' ability to grapple with an incomplete and uneven...
Persistent link: https://www.econbiz.de/10013170245
The health and economic impacts of COVID-19 on India have been substantial, with wide variation across states and union …
Persistent link: https://www.econbiz.de/10012795136
To assess the resilience of India's corporate sector against COVID-19-related shocks, we conducted a series of stress …
Persistent link: https://www.econbiz.de/10012795139
underscoring the importance of fundamental factors. The estimated models using city-level data for India suggest a strong influence …
Persistent link: https://www.econbiz.de/10012487161
This study examines the socio-economic impact of special economic zones (SEZs) in Cambodia---a prominent place-based policy established in 2005. The paper employs a database on existing and future SEZs in Cambodia with matched household surveys at the district level and documents stylized facts...
Persistent link: https://www.econbiz.de/10012301938