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This is an update and revision of our 2009 study. Using a broad dataset and an original methodology, this paper reports composite development gaps across economic, social and institutional sectors. We define development gap as the distance between the observed and the expected development level...
Persistent link: https://www.econbiz.de/10011286684
Jamaica seems to be a puzzling case for economic growth: despite the structural reforms implemented in the last three decades and adequate investment levels, real GDP per capita is roughly the same as in 1970. The disappointing performance of this economy suggests that productive development...
Persistent link: https://www.econbiz.de/10010247130
This study uses simulations of state-dependent distributions of fiscal limits for 18 economies in Central America and the Caribbean to better understand governments' ability to service their debt, arising from endogenously determined dynamic Laffer curves. Using a small, open economy model to...
Persistent link: https://www.econbiz.de/10011657269
Persistent link: https://www.econbiz.de/10012594414
This paper investigates spatial dependence of FDI knowledge spillovers in manufacturing and services using spatial … knowledge in manufacturing despite the strong marketstealing effects operating within regions as well as spatially. On the other … research indicates that for knowledge absorption, geographic distance plays differing roles in manufacturing and services, due …
Persistent link: https://www.econbiz.de/10014227905
Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...
Persistent link: https://www.econbiz.de/10010517704
Universal access to modern energy services, in terms of access to electricity and to modern cooking facilities, has been recognized as a fundamental challenge for development. Despite strong praise for action and the deployment of large-scale electrification programs and improved cookstove (ICS)...
Persistent link: https://www.econbiz.de/10011558416
Universal access to modern energy services, in terms of access to electricity and to modern cooking facilities, has been recognized as fundamental challenge for development and is likely to be included in the post-2015 Sustainable Development Goals. Despite a strong praise for action and several...
Persistent link: https://www.econbiz.de/10010436654
A government bargains a mutually convenient agreement with a multinational corporation to extract a natural resource. The corporation bears the initial investment and earns as a return a share on the profits. The host country provides access and guarantee conditions of operation. Being the...
Persistent link: https://www.econbiz.de/10008699636