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From the early 1960s to the early 1980s, the officially recorded production of cocoa in Ghana declined by 60 percent …. During the 1983–95 Economic Recovery Program, however, cocoa production doubled. Although these developments have inspired … much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to …
Persistent link: https://www.econbiz.de/10014401720
Green debt markets are rapidly growing while product design and standards are evolving. Many policymakers and investors view green debt as an important component in the policy mix to achieve the transition to a low carbon economy and ensure the pricing of climate risks. Our analysis contributes...
Persistent link: https://www.econbiz.de/10012605577
Recent discussions of the extent of decoupling between greenhouse gas (GHG) emissions and real gross domestic product (GDP) provide mixed evidence and have generated much debate. We show that to get a clear picture of decoupling it is important to distinguish cycles from trends: there is an...
Persistent link: https://www.econbiz.de/10011799677
-challenged world, and the importance of infrastructure investment geared toward such systems changes. The key policies to enable the …
Persistent link: https://www.econbiz.de/10012612346
Small Developing States (SDS) face substantial challenges in achieving sustainable development. Many of these challenges relate to the small size and limited diversification of their economies. SDS are also among the most vulnerable countries to the impact of climate change and natural...
Persistent link: https://www.econbiz.de/10012518849
Multidimensional assessment of human development is increasingly recognized as playing an important role in assessing well-being. The focus of analysis is on the indicators measuring the three dimensions of Human Development Index (HDI) - standard of living, education and health, and their...
Persistent link: https://www.econbiz.de/10012103758
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries...
Persistent link: https://www.econbiz.de/10014401753
Theory predicts that a nation''s stochastic intertemporal budget constraint is satisfied if net exports (NX) and net foreign assets (NFA) satisfy an error-correction specification with a residual integrated of any finite order. We test this hypothesis using data for 21 industrial and 29 emerging...
Persistent link: https://www.econbiz.de/10014402804
The World Bank and the IMF have adopted a debt sustainability framework (DSF) to evaluate the risk of debt distress in …
Persistent link: https://www.econbiz.de/10014411169
world. Discouragingly, our analysis uncovers at best a weak relationship: firms with better ESG scores do display somewhat …
Persistent link: https://www.econbiz.de/10012605057