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Review of "Emerging Markets Resilience and Growth Amid Global Turmoil by M. Ayhan Kose and Eswar S. Prasad"

Bora Durdu, C. - 2011

Emerging Markets Resilience and Growth amid Global Turmoil provides an excellent contribution to the literature. The book covers a variety of important topics on emerging market economies and offers invaluable information for a wide range of audience; from academics to policy makers as well as...

Persistent link: https://www.econbiz.de/10010500174

Globalization, brain drain and development

Docquier, Frédéric; Rapoport, Hillel - 2011

This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of the brain drain, showing that brain drain (or high-skill) migration is becoming the dominant...

Persistent link: https://www.econbiz.de/10010336056

Illegal activities, but still value added ones (?): size, causes, and measurement of the shadow economies all over the world

Schneider, Friedrich - 2000

Using various methods estimates about the size of the shadow economy in 76 developing, transition and OECD countries are presented. The average size of the shadow economy (in percent of GDP) over 1989-93 in developing countries is 39 %, in transition countries 23 % and in OECD countries 12 %. An...

Persistent link: https://www.econbiz.de/10010294533

Shadow Economies and Corruption all over the World: What do we really know?

Schneider, Friedrich G. - 2006

Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a percent of official GDP) in 2002/03 in 96 developing...

Persistent link: https://www.econbiz.de/10010294606

Does Free Trade Really Reduce Growth? Further Testing Using the Economic Freedom Index

Berggren, Niclas; Jordahl, Henrik - 2003

While studies of the relationship between economic freedom and economic growth have shown it to be positive, significant and robust, it has rightly been argued that different areas of economic freedom may have quite different effects on growth. Along that line, Carlsson and Lundström (2002)...

Persistent link: https://www.econbiz.de/10010321548

Population dynamics and economic growth: Should we adopt different frameworks for poor and rich countries?

Brezis, Elise S. - 2011

From the canonical model of Becker onward, models of population dynamics have been based on assumptions which fit the family structure of developed countries. The aim of this paper is to develop a framework that fits the family structure of poor countries. The building blocks of the model...

Persistent link: https://www.econbiz.de/10010335997

Inter-ethnic redistribution and human investments

Azarnert, Leonid V. - 2009

This article analyzes income redistribution in the inter-ethnic context. The model shows that redistribution in favor of less prosperous ethnic minorities raises fertility among the unskilled minority recipients, lowers fertility among the contributing local skilled, slows human capital...

Persistent link: https://www.econbiz.de/10010336073

Kriz ve korumacılık: Tarih tekerrür edecek mi?

Öz, Sumru - 2009

As a result of the current global financial crisis, in 2009 the world economy is likely to experience the largest … contraction since World War II and the unemployment rate to reach historical highs in many countries. The fact that the current … Great Depression are not valid anymore to a great extent. Together with the decisions taken by the leaders of the world …

Persistent link: https://www.econbiz.de/10010273672

Financial development and TFP growth: Cross-country and industry-level evidence

Arizala, Francisco; Cavallo, Eduardo; Galindo, Arturo - 2009

This paper estimates the impact of financial development on industry-level total factor productivity (TFP) growth using a largely unexploited panel of 77 countries with data for 26 manufacturing industries for the years 1963 to 2003. A significant relationship is found between financial...

Persistent link: https://www.econbiz.de/10010278217

Output volatility and openness to trade: A reassessment

Cavallo, Eduardo A. - 2007

Many economists believe that, while openness to trade increases average GDP growth rates, it also raises output volatility by exposing countries to terms-oftrade shocks. This view does not take into account that, as suggested by a recent strand of the financial fragility literature, commercial...

Persistent link: https://www.econbiz.de/10010278237