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Does Insurance Market Activity Promote Economic Growth? A Cross-Country Study for Industrialized and Developing Countries
Arena, Marco - 2012
Insurance market activity, both as a financial intermediary and a provider of risk transfer and indemnification, may contribute to economic growth by allowing different risks to be managed more efficiently and by mobilizing domestic savings. During the past decade, there has been faster growth...
Persistent link: https://www.econbiz.de/10012553917
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Growth Implosions, Debt Explosions, and My Aunt Marilyn : Do Growth Slowdowns Cause Public Debt Crises?
Easterly, william - 2013
The worldwide slowdown in growth after 1975 was a major negative fiscal shock. Slower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome. Most countries failed to adjust to the negative fiscal consequences of the growth...
Persistent link: https://www.econbiz.de/10012559509
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Green Innovation and Economic Growth in a North-South Model
Fischer, Carolyn; Witajewski-Baltvilks, Jan - 2022
If one region of the world switches its research effort from dirty to clean technologies, will other regions follow To investigate this question, this paper builds a North-South model that combines insights from directed technological change and quality-ladder endogenous growth models with...
Persistent link: https://www.econbiz.de/10013545506
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Drivers of Entrepreneurship and Post-Entry Performance : Microeconomic Evidence from Advanced and Developing Countries
Vivarelli, Marco - 2013
The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it … discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction … (of the new firm); and 4) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on …
Persistent link: https://www.econbiz.de/10012557125
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Entrepreneurship and Firm Formation Across Countries
Klapper, Leora; Amit, Raphael; Guill??n, Mauro F. - 2012
The World Bank Group Entrepreneurship Survey measures entrepreneurial activity around the world. The database includes …
Persistent link: https://www.econbiz.de/10012552816
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Shifting Patterns of Economic Growth and Rethinking Development
Lin, Justin Yifu; Rosenblatt, David - 2012
This paper provides an historical overview of both the evolution of the economic performance of the developing world and the evolution of economic thought on development policy. The 20th century was broadly characterized by divergence between high-income countries and the developing world, with...
Persistent link: https://www.econbiz.de/10012552145
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Infrastructure and Growth in Developing Countries : Recent Advances and Research Challenges
Straub, St??phane - 2012
This paper presents a survey of recent research on the economics of infrastructure in developing countries. Energy, transport, telecommunications, water and sanitation are considered. The survey covers two main set of issues: the linkages between infrastructure and economic growth (at the...
Persistent link: https://www.econbiz.de/10012552253
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Aid, Growth, and Real Exchange Rate Dynamics
Devarajan, Shantayanan; Go, Delfin S.; Page, John - 2012
Devarajan, Go, Page, Robinson, and Thierfelder argued that if aid is about the future and recipients are able to plan consumption and investment decisions optimally over time, then the potential problem of an aid-induced appreciation of the real exchange rate (Dutch disease) does not occur. In...
Persistent link: https://www.econbiz.de/10012552266
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How Might Climate Change Affect Economic Growth in Developing Countries? A Review of the Growth Literature with a Climate Lens
Lecocq, Franck; Shalizi, Zmarak - 2012
This paper reviews the empirical and theoretical literature on economic growth to examine how the four components of the climate change bill, namely mitigation, proactive (ex ante) adaptation, reactive (ex post) adaptation, and ultimate damages of climate change affect growth, especially in...
Persistent link: https://www.econbiz.de/10012552762
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Fear of Appreciation
Levy-Yeyati, Eduardo; Sturzenegger, Federico - 2012
In recent years the term "fear of floating" has been used to describe exchange rate regimes that, while officially flexible, in practice intervene heavily to avoid sudden or large depreciations. However, the data reveals that in most cases (and increasingly so in the 2000s) intervention has been...
Persistent link: https://www.econbiz.de/10012552835