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Is the Washington consensus dead? : growth, openness, and the great liberation, 1970s - 2000s
Estevadeordal, Antoni; Taylor, Alan M. - 2009
According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not judged against models; policies are poorly measured;...
Persistent link: https://www.econbiz.de/10011294505
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When does foreign direct investment lead to inclusive growth?
Kang, Hyojung; Martinez-Vazquez, Jorge - 2021
Persistent link: https://www.econbiz.de/10012594414
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The impact of sectorial FDI on economic growth in Central, Eastern and Southeastern Europe
Miteski, Mite; Stefanova, Dijana Janevska - 2017
different time spans within the 1998-2013 period. The empirical results show that total FDI contributes positively to the growth … in the analyzed countries. With regards to our main focus, the analysis of the decomposition of FDI finds that FDI in the … industrial and services sectors has a positive and significant effect on economic growth, whereas FDI in the construction sector …
Persistent link: https://www.econbiz.de/10011671825
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China and India : a tale of two trade integration approaches
Kowalski, Przemyslaw (contributor) - 2008
trade and FDI in manufactured goods has spurred the emergence of a largely private sector. On the other hand the high level …
Persistent link: https://www.econbiz.de/10003746305
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Markets, externalities, and the dynamic gains of openness
Monge-Naranjo, Alexander - 2016
Infl ows of foreign knowledge are the key for developing countries to catch up with the world technology frontier. In … upgrade their productivity, the equilibrium exposure to ideas in the country remains below the frontier and domestic fi rms …
Persistent link: https://www.econbiz.de/10011585842
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Resource curse or blessing? : sovereign risk in resource-rich emerging economies
Hamann S., Franz A.; Mendoza, Enrique G.; … - 2018
In this paper we document the stylized facts about the relationship between international oil price swings, sovereign risk and macroeconomic performance of oil-exporting economies. We show that even though being a bigger oil producer decreases sovereign risk–because it increases a...
Persistent link: https://www.econbiz.de/10011950480
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Revisiting the effect of the Great Liberalization on the growth of Latin America and the Caribbean, 1980-2010
Merchán, Federico; Moreira, Mauricio Mesquita - 2020
As Latin America and the Caribbeans "Great Liberalization" reaches its 30th anniversary, we revisit the trade and growth debate by updating and expanding Estevadeordal and Taylors 2013 paper. To better understand the regions heterogeneity of policies and outcomes, we extend this analysis to...
Persistent link: https://www.econbiz.de/10012153213
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The growth-finance nexus in Brazil : evidence from a new dataset, 1890-2003
Campos, Nauro; Karanasosa, Menelaos; Koutroumpis, Panagiotis - 2019
This study revisits the growth-finance nexus using a new econometric approach and unique data set. In particular by employing the smooth transition framework and annual time series data for Brazil from 1890 to 2003, we attempt to address on the one side, what is the relationship between...
Persistent link: https://www.econbiz.de/10011992433
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Trade and foreign direct investment in services : a review
Banga, Rashmi (contributor) - 2005
Persistent link: https://www.econbiz.de/10002652366
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But most of all we love each other : does social cohesion pay off? : evidence from FDI flows to middle income countries
Mina, Wasseem - 2014
Persistent link: https://www.econbiz.de/10010382126