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A greater share of reported COVID-19 deaths occur at younger ages in low- and middle-income countries (LMICs) compared to high-income countries (HICs). Based on data from 26 countries, people age 70 and older constitute 37 percent of deaths attributed to COVID-19 in LMICs on average, versus 87...
Persistent link: https://www.econbiz.de/10012257302
In the mid-2000s, the production of hearing aids shifted almost entirely to 3D printing. Using difference-in-differences and synthetic control methods, this paper examines the effects of this shift on trade flows. The analysis finds that trade increased roughly 60 percent following the...
Persistent link: https://www.econbiz.de/10012121158
discourse on IP and globalization. The one is interested in advancing the knowledge economy, an approach based on the belief … advance the process of globalization. While the former is strongly motivated by new economic growth theory, as for example … advanced by Stanford professor Paul Romer, the latter is based on typical anti-globalization arguments, such as for example the …
Persistent link: https://www.econbiz.de/10011259757
Gældskrisens udbrud blev startsignalet til omfattende makroøkonomiske reformer i u-Iandene i 1980erne. De chok, som forårsagede krisen, udgjorde sammen med kraftigt voksende uligevægte i eksterne og interne samfundsøkonomiske balancer en virkningsfuld advarsel. Det blev klart, at de...
Persistent link: https://www.econbiz.de/10011274387
Udenlandsk låntagning er en integreret del af udvikJingsprocessen, og der var indtil i al fald begyndelsen af 1980erne udbredt enighed om det nyuige I at overføre udenlandske opsparingsoverskud til u-Iandene. Sådanne overførsler giver for det første mulighed for at øge investeringerne og...
Persistent link: https://www.econbiz.de/10011274389
This article analyzes the relationship between growth and income distribution in developing countries. Three important hypotheses are scrutinized: The U-hypothesis, the absolute income hypothesis and the hypothesis of conflict between growth and a more equal income distribution. After a review...
Persistent link: https://www.econbiz.de/10011274390
The aim of this paper is to identify, by estimating a panel econometric model, the factors determining FDI inflows to developing countries over a long period. The study is based on a sample of 32 developing countries. In our analysis, FDI inflows are modeled as a function of the market size,...
Persistent link: https://www.econbiz.de/10011259273
One of the challenges face a country or firm when deciding to lend a foreign country or firm is how to appraise the creditworthiness of that firm or country? It is experienced and commonly use of credit ratings established by Credit Rating Agencies (Moody’s, Standard and Poor’s and Pitch) as...
Persistent link: https://www.econbiz.de/10011259511
The main aim of this study is to analyze the connection between financial liberalization and financial crises in historical context. The global economy is experiencing crisis which has been hailed as the most devastating crisis of capitalism since the great depression of 1929. Post World War II...
Persistent link: https://www.econbiz.de/10011260396
The paper shows the difficulties that the increasing international mobility of capitals set to the execution of monetary policy in the development countries. In modern capitalist economies, more than ever, money should be viewed as an institution. Therefore, it is first necessary to understand...
Persistent link: https://www.econbiz.de/10005014734