Showing 1 - 10 of 34
The paper discusses the costs and benefits to be expected by least-developed and low-income (‘vulnerable’) economies if they accede to the WTO, the impact of current debates about WTO reform on vulnerable economies, and measures to make it easier for vulnerable economies to accede to and...
Persistent link: https://www.econbiz.de/10010277715
The 2008 episode of food price explosion, political turmoil, and human suffering revealed important flaws in the current global food architecture. This paper argues that to safeguard the strengths of the current system, four failures in market functioning and policymaking must be addressed....
Persistent link: https://www.econbiz.de/10010323525
A recent paper by Dollar and Kraay (2001) finds that higher primary educational attainment of the workforce does not increase the income of the poor except for its effect on average income. We test the robustness of their finding by using a broader measure of human capital that accounts for...
Persistent link: https://www.econbiz.de/10010278911
This paper examines growth successes and failures across countries and notes the latter’s perplexing predominance among ex ante low-income economies. An explanation for this persistence of underdevelopment is proposed through an empirical investigation that brings forth evidence on the...
Persistent link: https://www.econbiz.de/10010279017
comprising the European Union and Central and Eastern Europe (CEE). Second, it aims to expand the currently rather limited …
Persistent link: https://www.econbiz.de/10010279025
In many OECD countries income inequality has risen, but surprisingly redistribution has as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given...
Persistent link: https://www.econbiz.de/10010279047
The present paper adds to the already large existing literature on aid distribution as it runs an equation on bilateral aid allocation on a very rich dataset, covering 20 years (1980-99), 22 donors and 137 recipients, which permits a three-dimensional panel study (recipient-year-donor) and...
Persistent link: https://www.econbiz.de/10010279063
activism. We then examine differences in ownership structures around the world and the implications of the interactions of …
Persistent link: https://www.econbiz.de/10010279069
This paper analyses the trends in within-country inequality during the post- World War II period, with particular … trends in 73 countries accounting for 80 per cent of the world’s population and 91 per cent of world GDP-PPP. The paper …, it marks a clear departure from that observed during the first 30 years of the post-World War II period during which …
Persistent link: https://www.econbiz.de/10010279071
Financial development is vulnerable to social conflict. Conflict reduces the demand for domestic currency as a medium of exchange and a store of value. Conflict also leads to poor quality governance, including weak regulation of the financial system, thereby undermining the sustainability of...
Persistent link: https://www.econbiz.de/10010279092