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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
Using a panel of 80 developing and developed countries for the period 1990-2015, this studyanalyses the relationship …
Persistent link: https://www.econbiz.de/10012645327
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
Emerging markets and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals - such as large foreign exchange reserves, sound fiscal positions, and low...
Persistent link: https://www.econbiz.de/10012257019
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world …
Persistent link: https://www.econbiz.de/10012246196
and South since the 2000s. The paper shows that the region is increasingly more connected with the rest of the world, even …
Persistent link: https://www.econbiz.de/10012246413
This paper presents the largest globally comparable panel database of education quality. The database includes 163 …
Persistent link: https://www.econbiz.de/10011806723
This paper estimates a panel model in which the relationship between inequality and gross domestic product per capita …-income countries, inequality has a significant negative effect on transitional growth. For the median country in the world that in 2015 …
Persistent link: https://www.econbiz.de/10011875155
This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence …
Persistent link: https://www.econbiz.de/10012246038
This paper utilizes data for African countries to analyze the extent to which financial development affects the dynamics of the relationship between exchange rate flexibility and economic growth. The findings indicate that financial development exerts a positive influence on the relationship...
Persistent link: https://www.econbiz.de/10011903166