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In Asia inequality in income between countries is more important than inequality within countries. In Africa, Latin America, and western Europe and North America, by contrast, there are only small differences between countries; inequality within countries is more important. And when countries...
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the treatment of endogenous globalization measures. "--World Bank web site … "globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find … the output costs of promoting high interest rates to attract capital flows in a global world. These findings are robust to …
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Some observers have questioned the rationale for continued engagement by international development institutions in middle-income countries. But these countries face development challenges calling for continued partnership with the international development community. Moreover, partnership with...
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