Showing 1 - 10 of 168
All severe crises have required a reformulation of the International Financial Architecture (IFA). The G20, abruptly turned into a discussion and action forum to cope with the crisis, focused its work on two areas: first, the coordination of the macroeconomic policies to come out of the crisis...
Persistent link: https://www.econbiz.de/10010325084
The COVID-19 situation has accelerated the adoption of e-commerce across the world. While, globally, there has been an increase in the share of e-commerce in total retail sales, there are variations in e-commerce adoption across countries and the difference is obtrusive when one compares...
Persistent link: https://www.econbiz.de/10014540892
This paper investigates the spread of what started as a crisis at the core of the global financial system to emerging economies. While emerging economies had exhibited some resilience through the early stages of the financial turmoil that began in the summer of 2007, they have been hit hard...
Persistent link: https://www.econbiz.de/10010281707
This paper analyzes reforms and adjustments in the context of the Euro and the global financial crises. Taking the perspective of the evolutionary approach to institutions, the formation of a new currency area is not unidirectional. The process leading to the euro is an example of a common...
Persistent link: https://www.econbiz.de/10010288121
This paper analyzes the relation between three dimensions of globalization (economic, social and political) and life … find a very robust positive effect from economic globalization on life expectancy, even when controlling for income … to low income countries only. For political and social globalization we find no robust effects. …
Persistent link: https://www.econbiz.de/10013208543
productive capabilities across the first and the current waves of globalization. We find that productive capabilities are path …
Persistent link: https://www.econbiz.de/10013467131
This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...
Persistent link: https://www.econbiz.de/10010293266
Foreign aid donors and recipient governments often have conflicting objectives. Foreign donors may attempt to influence the policies of recipient governments by offering aid or threatening to suspend aid to sovereign states. This paper considers the credibility of such inducements and the...
Persistent link: https://www.econbiz.de/10010333091
We examine how the source of foreign aid affects the composition of the recipient government's spending. Does the source of aid -- bilateral or miltilateral -- influence ricipient policy-makers' choice between development and nondevelopment expenditure? We depart from previous literature by...
Persistent link: https://www.econbiz.de/10010334346
This article investigates the relationship between foreign aid and population growth in sub-Saharan Africa. The work considers population growth rate and a directly related to fertility demographic indicator - total fertility rate. Using a panel of 43 African countries over the last four decades...
Persistent link: https://www.econbiz.de/10010335970