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The Renminbi's Role in the Global Monetary System
Prasad, Eswar S. - 2012
We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i … changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from …
Persistent link: https://www.econbiz.de/10013110844
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Growth, Colonization, and Institutional Development : In and Out of Africa
Bertocchi, Graziella - 2011
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader research agenda which accounts not only for basic economic and demographic factors, but also for the role of history and institutional development. After reporting results from...
Persistent link: https://www.econbiz.de/10013122110
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Globalization, Institutions, and the Ethnic Divide : Recent Longitudinal Evidence
Wunnava, Phani V. - 2012
significant impediment to growth but religious and linguistic heterogeneity have not. Further, while economic globalization has … more from global integration. This suggests the importance of globalization in redressing the detrimental impact of ethnic …
Persistent link: https://www.econbiz.de/10013107710
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Thresholds in the Process of International Financial Integration
Kose, M. Ayhan - 2009
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
Persistent link: https://www.econbiz.de/10013160313
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Expanding Export Variety : The Role of Institutional Reforms in Developing Countries
Sheng, Liugang - 2013
raising the extensive margin of processing exports in China for the period of 1997-2007 …
Persistent link: https://www.econbiz.de/10013075789
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The Rise of China's Global Middle Class in International Perspective
Sicular, Terry; Yang, Xiuna; Gustafsson, Björn - 2022
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the … global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective …. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …
Persistent link: https://www.econbiz.de/10014087986
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Emigration and Democracy
Docquier, Frédéric - 2011
Migration is an important and yet neglected determinant of institutions. The paper documents the channels through which emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries. We find that emigration and human capital both...
Persistent link: https://www.econbiz.de/10013129925
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Do Middle Classes Bring Institutional Reforms?
Loayza, Norman - 2012
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...
Persistent link: https://www.econbiz.de/10013108216
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The Ideological Roots of Institutional Change
Iyigun, Murat - 2017
Restoration in Qing China …
Persistent link: https://www.econbiz.de/10012957510
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The Age of Mass Migration : Economic and Institutional Determinants
Bertocchi, Graziella; Strozzi, Chiara - 2021
We study the determinants of 19th century mass migration with special attention to the role of institutional factors beside standard economic fundamentals. We find that economic forces associated with income and demographic differentials had a major role in the determination of this historical...
Persistent link: https://www.econbiz.de/10013317290