Showing 1 - 10 of 504
Can the clothing sector be a driver of export diversification and growth for today's low-income countries as it was in the past for countries that have graduated into middle income? This paper assesses this issue taking into account key changes to the market for clothing: the emergence of India...
Persistent link: https://www.econbiz.de/10012747617
This paper analyzes the impact of international remittances on poverty and household consumption and investment using …, households receiving remittances in 2007 spent less at the margin on one important investment good -- housing -- compared with … consumption rather than investment goods …
Persistent link: https://www.econbiz.de/10012976360
Macro- and micro-economic evidence suggests a positive role of remittances in preparing households against natural disasters and in coping with the loss afterwards. Analysis of cross-country macroeconomic data shows that remittances increase in the aftermath of natural disasters in countries...
Persistent link: https://www.econbiz.de/10012976824
Governments play a very important role in supporting innovation, managing the disruptive effects of innovation, and ensuring that the benefits of innovation are broadly shared in the long run. This paper reviews the literature on market mechanisms that translate innovation into jobs and policies...
Persistent link: https://www.econbiz.de/10012921429
In countries with limited access to finance, firms accumulate retained earnings to finance indivisible investment … projects. McKinnon (1973) illustrates that when cash is used as a primary store of value, inflation may discourage investment … and provides a simple calibration of the model that suggests sizable effects of inflation on investment. The mechanism is …
Persistent link: https://www.econbiz.de/10012972973
Investment growth in emerging market and developing economies has slowed sharply since 2010. This paper presents a … comprehensive analysis of the causes and implications of this slowdown and presents a menu of policy responses to improve investment …, declining foreign direct investment inflows, elevated private debt burdens, heightened political risk, and adverse spillovers …
Persistent link: https://www.econbiz.de/10012961222
This paper examines recent changes in the structure of Argentine exports and the implications for future growth. The authors find that the current export structure of Argentina is not conducive to future growth because it is dominated by low-productivity goods that tend to be exported by...
Persistent link: https://www.econbiz.de/10012747735
Madagascar's textile and apparel industry has been among the fastest growing in Sub-Saharan Africa. Fueled by low labor costs, a fairly productive labor force, and preferential access to industrial countries, Madagascar's exports of textile and apparel products grew from about US $45 million in...
Persistent link: https://www.econbiz.de/10012748099
This paper examines systematically the growth effects of trade integration in Sub-Saharan Africa. It complements and improves upon the empirical literature in two aspects: first, it jointly estimates the impact of different dimensions of trade integration, namely, trade volumes, export/trade...
Persistent link: https://www.econbiz.de/10012842774
This paper uses the dramatic expansion of access to the Internet in China to analyze the impact of the Internet on firm performance. The paper combines firm-level production data with province-level information on Internet penetration to examine how the rollout of the Internet across Chinese...
Persistent link: https://www.econbiz.de/10012931905