economic environmental factors that we consider are the degree of financial openness and the extent of legal development. We … institutional development, with a goal of informing the recent debate over the existence and relevance of the "savings glut." The … reverse correlation; greater financial development leads to higher savings. Furthermore, there is no evidence of "excess …

We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the … analysis of micro data from several developing countries that underwent significant trade reforms in recent years. Despite many … studies' has established certain patterns that seem common across countries and trade liberalization episodes, and may hence …

We explore the relationship between greater exposure to trade (as measured by openness) and child labor in a cross … countries that trade more have less child labor. At the cross-country means, the data suggest an openness elasticity of child …. When we control for the endogeneity of trade and for cross-country income differences, the openness elasticity of child …

also discusses perceptions about international trade in over 40 countries at different levels of development, including …This paper assesses the current state of evidence on how international trade shapes inequality and poverty through its … perceptions on trade's overall benefits for the economy, trade's effect on the livelihood of workers through wages and jobs, and …

, monetary, trade and financial linkages with the CEs, the levels of institutional development, and international reserves …

and financial linkages with the center economies, and the level of institutional development. In the last two decades, for …, the arrangement of open macro policies such as the exchange rate regime and financial openness are also found to have … financial openness faces a stronger link with the center economies through policy interest rates and real effective exchange …

We study the effects of a positive export shock on labor allocation between the informal, microenterprise sector and … the formal firm sector in a low-income country. The U.S.-Vietnam Bilateral Trade Agreement led to large reductions in U … and formal sectors. This gap and the aggregate labor productivity gain from the export-induced reallocation of workers …

regional rivalry in hoarding IR as a motivation; and commodity price volatility induces precautionary buffer hoarding. During …