Showing 1 - 10 of 58
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...
Persistent link: https://www.econbiz.de/10010522996
While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...
Persistent link: https://www.econbiz.de/10012467709
Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak Republics) contain significantly fewer concessions by the large countries to smaller countries than vice versa. Yet, it is small countries that have sought them and see...
Persistent link: https://www.econbiz.de/10012474308
We discuss business cycles in ancient China. Data on Ancient China business cycles are sparse and incomplete and so our discussion is qualitative rather than quantitative. Essentially, ancient debates focused on two types of cycles: long run political or dynastic cycles of many decades, and...
Persistent link: https://www.econbiz.de/10012456997
This paper discusses the potential impacts of services trade liberalization on developing countries and reviews existing quantitative studies. Its purpose is to distill themes from current literature rather than to advocate specific policy changes. The picture emerging is one of valiant attempts...
Persistent link: https://www.econbiz.de/10012468513
outward-oriented development strategies. Conditionality in World Bank and IMF lending programs appears important in Africa … result of bilateral pressure from the U.S. and the European Community. Recent strong macro performance in the developed world …
Persistent link: https://www.econbiz.de/10012475989
This paper both documents the involvement of developing countries in coalitional activity in the current GATT Uruguay round thus far, and provides a rudimenting evaluation of the pros and cons of the different options for them as far as coalitional strategies are concerned. The main conclusions...
Persistent link: https://www.econbiz.de/10012476309
much lower than agriculture and industry. Despite the progress in world commodity market integration in past half century …, the world service market remains highly segmented, which can be seen clearly from the World Bank's STRD index and CHB …
Persistent link: https://www.econbiz.de/10012456314
regions on the growth of world trade among major blocs over the last three decades. Existing work focuses on the impacts of … over the last three decades from our global general equilibrium model reduces world trade by 27% compared to actual world … trade in 2004 in our central case scenario. These results support the view that world trade among major blocs has became …
Persistent link: https://www.econbiz.de/10012465632
This paper revisits the long-standing issue of the incidence of taxes in developing countries. Its central theme is that despite many decades of studies, tax incidence analyses for developing countries continue to be based upon the same shifting assumptions used in developed country studies,...
Persistent link: https://www.econbiz.de/10012475658