Showing 1 - 10 of 1,835
regime classification, whereas the data for remittances and all other variables are from the World Bank's World Development …This paper studies the question of whether exchange rate policy affects the impact of remittances on economic growth in … economic growth following an increase in remittances, but also that the impact of remittances on growth is positive under a …
Persistent link: https://www.econbiz.de/10012246514
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
Unprecedented monetary policy accommodation in advanced economies and a large, coordinated fiscal stimulus by G20 countries helped to support a solid rebound in global output right after the 2009 Global Recession. However, global growth subsequently slowed to a sluggish pace by pre-recession...
Persistent link: https://www.econbiz.de/10012257017
An international cooperative effort has been focused on the need to reduce financial fragility and systemic risks in global financial markets. Work is proceeding in three different areas: enhancing financial market transparency, improving the international financial architecture, and...
Persistent link: https://www.econbiz.de/10012247855
Private savings play a pivotal role in financing development and sustaining growth. Recently, there have been many theoretical developments that underpin key determinants of savings behavior, many of which merit empirical investigation. Understanding the dynamics of the determinants of savings...
Persistent link: https://www.econbiz.de/10012246226
This paper argues for a transformation of finance to support the economic and social transformation of the Middle East and North Africa. The paper first documents the existing financial system in the region. The system is heavily skewed toward banking, relative to non-banking services, such as...
Persistent link: https://www.econbiz.de/10012257125
This paper discusses the evolution of the Egyptian banking sector and the main trends in financial development in the Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and economic growth in Egypt between 1980 and 2016. It...
Persistent link: https://www.econbiz.de/10012114416
The Russian Federation offers the unique example of a leading centrally planned economy swiftly transforming itself into a market-oriented economy. This paper offers a comprehensive study of inequality and mobility patterns for Russia, using multiple rounds of the Russian Longitudinal Monitoring...
Persistent link: https://www.econbiz.de/10012002184
policy response to the COVID-19 pandemic across 154 jurisdictions. It documents that authorities around the world have taken …
Persistent link: https://www.econbiz.de/10012434630
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