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The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012230745
Food consumed outside the home in restaurants or other food establishments is a growing segment of consumption in many developing countries. However, the survey methods that are utilized to collect data on expenditures on food away from home are often simplistic and could potentially result in...
Persistent link: https://www.econbiz.de/10012002691
There is an increasingly stronger demand for more frequent and accurate poverty estimates, despite the oftentimes unavailable household consumption data. This paper offers a review of alternative imputation methods that have been employed to provide poverty estimates in such contexts. These...
Persistent link: https://www.econbiz.de/10011850529
Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as the … process at the household level, this risk assessment provides new insights into disaster risks in Sri Lanka. The analysis …
Persistent link: https://www.econbiz.de/10012114431
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012229095
Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global business cycle driven by shocks with worldwide reach, or spillovers resulting from local real and/or financial linkages between countries. This paper brings these two...
Persistent link: https://www.econbiz.de/10012008277
strong dependence, respectively. The factor exhibits a robust negative correlation with market measures of aggregate risk …
Persistent link: https://www.econbiz.de/10011902919
In 2013, the Board of Executive Directors of the World Bank Group endorsed two ambitious goals: eliminating extreme … poverty in the world by 2030 and boosting shared prosperity. The latter is defined as fostering the growth in the income of … the poorest 40 percent of the population in each country. In 2016-17, the World Bank's Independent Evaluation Group …
Persistent link: https://www.econbiz.de/10011794721
Gallup World Poll, the paper presents a range of estimates of the wealth-equivalent values of social trust. Such values are …
Persistent link: https://www.econbiz.de/10012245850
This paper presents a model to assess the socioeconomic resilience to natural disasters of an economy, defined as its capacity to mitigate the impact of disaster-related asset losses on welfare, and a tool to help decision makers identify the most promising policy options to reduce welfare...
Persistent link: https://www.econbiz.de/10012246206