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. We combine data on government debt, fiscal stress and debt distress episodes on a large panel of countries over 1970 …
Persistent link: https://www.econbiz.de/10013170580
This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between...
Persistent link: https://www.econbiz.de/10014394357
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
Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and...
Persistent link: https://www.econbiz.de/10014403854
Persistent link: https://www.econbiz.de/10010389480
This paper demonstrates that the Dutch disease need not materialize in low-income countries that can draw on their idle productive capacity to satisfy the aid-induced increased demand. Diagnoses on, and prognoses for, the Dutch disease should take into account country-specific circumstances to...
Persistent link: https://www.econbiz.de/10014404086
Persistent link: https://www.econbiz.de/10009424793
macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are …
Persistent link: https://www.econbiz.de/10014399309
Persistent link: https://www.econbiz.de/10010359884
-rich countries. Using a panel data set of 68 resource-rich countries over 1988–2012, the results find that the existence of …
Persistent link: https://www.econbiz.de/10014411198