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Tax Revenue Trends in Asia and Latin America : A Comparative Analysis
Aizenman, Joshua - 2015
We take stock of and compare tax revenue trends in Asia and Latin America. The tax revenues to GDP ratios increased …
Persistent link: https://www.econbiz.de/10013011112
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Lessons Unlearned? Corporate Debt in Emerging Markets
Alfaro, Laura - 2017
) attributed to corporate financial roots provide a benchmark for comparison. Firm-level data show that post-GFC, emerging market …
Persistent link: https://www.econbiz.de/10012956372
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Financial Development and Output Growth in Developing Asia and Latin America : A Comparative Sectoral Analysis
Aizenman, Joshua - 2015
economies for a comparison between two regions which are at similar income levels. We document large differences between the two …
Persistent link: https://www.econbiz.de/10013029019
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A Note on Long-Run Persistence of Public Health Outcomes in Pandemics
Lin, Zhixian - 2020
Covid-19 is the single largest threat to global public health since the Spanish Influenza pandemic of 1918-20. Was the world better prepared in 2020 than it was in 1918? After a century of public health and basic science research, pandemic response and mortality outcomes should be better than in...
Persistent link: https://www.econbiz.de/10012834466
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Two Tales of Adjustment : East Asian Lessons for European Growth
Chari, Anusha - 2014
be more different. Common wisdom has it that on impact Asia endured fiscal austerity imposed by the IMF whereas the IMF … different policies to begin with, the fiscal adjustment in Asia was far more modest than is commonly known and the switch from …
Persistent link: https://www.econbiz.de/10013060259
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Closed Jaguar, Open Dragon : Comparing Tariffs in Latin America and Asia Before World War Ii
Clemens, Michael A.; Williamson, Jeffrey G. - 2021
Despite an enormous literature that has analyzed the comparative experiences of Latin America and Asia in post … highest tariff barriers on earth before 1914; Asia had the lowest. Protected Latin America's belle ‚poque also boasted some of … the most explosive growth performance on earth, while Asia registered some of the worst. What brought the two regions to …
Persistent link: https://www.econbiz.de/10013213056
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Heterogeneous Paths of Industrialization
Huneeus, Federico; Rogerson, Richard - 2022
Industrialization experiences differ substantially across countries. We use a benchmark model of structural change to shed light on the sources of this heterogeneity and, in particular, the phenomenon of premature deindustrialization. Our analysis leads to three key findings. First, benchmark...
Persistent link: https://www.econbiz.de/10013300930
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Did the Malaysian Capital Controls Work?
Kaplan, Ethan; Rodrik, Dani - 2021
Malaysia recovered from the Asian financial crisis swiftly after the imposition of capital controls in September 1998. The fact that Korea and Thailand recovered in parallel has been interpreted as suggesting that capital controls did not play a significant role in facilitating Malaysia's...
Persistent link: https://www.econbiz.de/10013235866
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Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan
Hoshi, Takeo - 2010
During the financial crisis that started in 2007, the U.S. government has used a variety of tools to try to rehabilitate the U.S. banking industry. Many of those strategies were used also in Japan to combat its banking problems in the 1990s. There are also a surprising number of other...
Persistent link: https://www.econbiz.de/10012758287
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Gaucho Banking Redux
della Paolera, Gerardo - 2009
Argentina's economic crisis has strong similarities with previous crises stretching back to the nineteenth century. A common thread runs through all these crises: the interaction of a weak, undisciplined, or corruptible banking sector, and some other group of conspirators from the public or...
Persistent link: https://www.econbiz.de/10012767777