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The emergence of global value chains has opened up new ways to achieve development and industrialization. However, new evidence shows that not all countries have gained from participating in global value chains, and that country-specific characteristics matter for economic upgrading in global...
Persistent link: https://www.econbiz.de/10012570443
This paper reviews the impact of financial inclusion on economic development outcomes. It highlights the benefits of financial inclusion, including greater savings, improved resilience to economic shocks, and higher levels of economic empowerment, among others. It looks deeper into both the...
Persistent link: https://www.econbiz.de/10015198166
-varies sharply around the world, with large differences among countries at similar levels of income. This paper argues that …
Persistent link: https://www.econbiz.de/10012553777
This study investigates the impact of World Bank development policy lending on the quality of economic policy. It finds … using the World Bank's Country Policy and Institutional Assessments of macro, debt, fiscal and structural policies, and … previous studies based on earlier loans are consistent with claims by the World Bank that it has learned from its mistakes with …
Persistent link: https://www.econbiz.de/10012572631
The benefits of financial development and globalization have come with continuing fragility in financial sectors. Periodic crises have had real but heterogeneous welfare impacts and not just for poor people; indeed, some of the conditions that foster deep and persistent poverty, such as lack of...
Persistent link: https://www.econbiz.de/10012552232
Urban areas tend to have much more productive labor and higher salaries than rural areas, and there are vast differences across urban areas. Areas with high salaries and high productivity tend to have employers that invest in much more research and development than areas with low salaries and...
Persistent link: https://www.econbiz.de/10012572681
Although the importance of diet quality for improving child health is widely recognized, the roles of environmental factors and the absorption of nutrients for children's physical growth and morbidity have not been adequately integrated into a policy framework. Moreover, nutrient intakes...
Persistent link: https://www.econbiz.de/10012572215
revolution. As services produced and traded across the world expand with globalization, the possibilities for low …
Persistent link: https://www.econbiz.de/10012572510
The most striking fact about the economic geography of the world is the uneven spatial distribution of economic … concentrated in a few temperate zones, half of the world's GDP is produced by 15 percent of the world's population, and 54 percent … of the world's GDP is produced by countries occupying just 10 percent of the world's land area. The poorest half of the …
Persistent link: https://www.econbiz.de/10012572850
Because protection of property rights cannot be appropriated by any individual, it is widely recognized as being the state's responsibility. Moreover, recent empirical evidence suggests that protection of property rights leads to higher investment levels and faster growth. The extent of property...
Persistent link: https://www.econbiz.de/10012573359