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poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments …
Persistent link: https://www.econbiz.de/10012471865
Proponents of globalization often conclude that its critics are ignorant or self-motivated. In doing so, they have … missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on … the current model of globalization. This paper examines the values, beliefs and facts that lead critics to the view that …
Persistent link: https://www.econbiz.de/10012467621
globalization on commodity price structure, the causes of protection, the impact of world migration on poverty eradication, and the …The world has seen two globalization booms over the past two centuries, and one bust. The first global century ended … with World War I and the second started at the end of World War II, while the years in between were ones of anti …
Persistent link: https://www.econbiz.de/10012469549
We investigate the event-based geopolitical shocks from the Russian invasion of Ukraine on selected agricultural and energy commodities using daily event-based structural vector autoregression (SVAR). We find that the geopolitical shock affects the markets of wheat (3%) and European natural gas...
Persistent link: https://www.econbiz.de/10014447271
Which income group is pro-globalization or anti-globalization--the wealthy skilled-labor or the poor low-skilled labor …? How globalization affect income-based attitudes towards globalization? The paper addresses these issues in the framework … of a small open economy which trades in goods and financial securities with the rest of the world. Income-based political …
Persistent link: https://www.econbiz.de/10013477205
The conventional wisdom that Africa is not reducing poverty is wrong. Using the methodology of Pinkovskiy and Sala …-i-Martin (2009), we estimate income distributions, poverty rates, and inequality and welfare indices for African countries for the … period 1970-2006. We show that: (1) African poverty is falling and is falling rapidly; (2) if present trends continue, the …
Persistent link: https://www.econbiz.de/10012462876
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of … worsening of various income inequality indexes and we estimate poverty rates and headcounts. We then analyze some of the central … rates Africa would have enjoyed if these key determinants had taken OECD rather than African values. Expensive investment …
Persistent link: https://www.econbiz.de/10012468832
's decade of globalization in the 1990's. I focus the analysis on men born in states with either high-exposure or low …-exposure to globalization, as measured by the share of foreign direct investment, imports, or export assembly in state GDP …-exposure states by 10% and the incidence of wage poverty (the fraction of wage earners whose labor income would not sustain a family …
Persistent link: https://www.econbiz.de/10012467660
We describe the patterns of international capital flows in the period 1970 - 2000. We then examine the determinants of capital flows and capital flows volatility during this period. We find that institutional quality is an important determinant of capital flows. Historical determinants of...
Persistent link: https://www.econbiz.de/10012466976
This paper examines investments made by 13 angel groups across 21 countries. We compare applicants just above and below the funding cutoff and find that these angel investors have a positive impact on the growth, performance, and survival of firms as well as their follow-on fundraising. The...
Persistent link: https://www.econbiz.de/10012456863