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Israel and the 1990-2015 Global Developments : Riding with the Global Flows and Weathering the Storms
Razin, Assaf - 2016
The global economy has been buffeted by several unprecedented economic events during the past 35 years. We survey the impact of these events on Israel's development, institutions, and economic policies. Israel had a remarkable development during this time, from a low income high-inflation...
Persistent link: https://www.econbiz.de/10012984097
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Emergence and Persistence of Inefficient States
Acemoglu, Daron - 2006
Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...
Persistent link: https://www.econbiz.de/10012778981
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The Monetary and Fiscal History of Bolivia, 1960–2017
Kehoe, Timothy J. - 2019
After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth from 1960 to 1977. The rapid accumulation of debt due to persistent deficits and a fixed exchange rate policy during the 1970s...
Persistent link: https://www.econbiz.de/10012892582
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The Monetary and Fiscal History of Brazil, 1960-2016
Ayres, João - 2019
Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the first oil shock (1973), but accelerated again afterward, reaching levels above 100 percent on average between 1980 and 1994. This last period coincided with severe balance of...
Persistent link: https://www.econbiz.de/10012895494
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Life Satisfaction and Quality of Development
Helliwell, John F. - 2010
This paper argues that measures of life satisfaction, now being collected annually by the Gallup World Poll in more than 130 countries, permit a much broader view of the quality and consequences of development than other common measures. While these data show the importance of conventionally...
Persistent link: https://www.econbiz.de/10012758145
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The Struggle Towards Macroeconomic Stability : Analytical Essay
Razin, Assaf - 2019
institutions. The second discusses the impact of globalization on growth, inflation and the Phillips curve. The third contains a … globalization on the Philips Curve and thereby on domestic inflation-- means of transforming an inflation regime to a one with price …
Persistent link: https://www.econbiz.de/10012870733
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The Emergence of Weak, Despotic and Inclusive States
Acemoglu, Daron - 2017
Societies under similar geographic and economic conditions and subject to similar external influences nonetheless develop very different types of states. At one extreme are weak states with little capacity and ability to regulate economic or social relations. At the other are despotic states...
Persistent link: https://www.econbiz.de/10012950052
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Searching for Prosperity
Kremer, Michael; Onatski, Alexei; Stock, James H. - 2022
Quah's [1993a] transition matrix analysis of world income distribution based on annual data suggests an ergodic distribution with twin peaks at the rich and poor end of the distribution. Since the ergodic distribution is a highly non-linear function of the underlying transition matrix estimated...
Persistent link: https://www.econbiz.de/10014132117
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East Asian Economies and Financial Globalization in the Post-Crisis World
Aizenman, Joshua - 2016
known as the most distinct characteristic of Asian EMEs. Financial globalization seems to have made asset prices and …
Persistent link: https://www.econbiz.de/10012991684
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Cape Verde and Mozambique as Development Successes in West and Southern Africa
Braga de Macedo, Jorge - 2010
This paper applies an interpretation of how globalization and governance (G&G) interact with convergence given Cape … Verde and Mozambique's particular geographical and historical contexts. We hold that development success under globalization … diversification (an indicator of globalization) and income convergence (an indicator of governance) in the sub-regions of West and …
Persistent link: https://www.econbiz.de/10013135763