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Global Imbalances Before and after the Global Crisis
Servén, Luis - 2017
of asymmetries in world asset demand and supply. Absent changes in the deep determinants of these, global imbalances can …
Persistent link: https://www.econbiz.de/10012976478
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Household Coping and Response to Government Stimulus in an Economic Crisis : Evidence from Thailand
Khandker, Shahidur R. - 2017
The crash of global financial markets in 2008 caused a ripple effect on economic demand and growth worldwide. Export-oriented economies were hit particularly hard, and many governments stepped in quickly with broad-ranging stimulus programs to lessen the effects on households of rising...
Persistent link: https://www.econbiz.de/10012975328
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Should Latin America Save More to Grow Faster?
de la Torre, Augusto - 2017
, which are questionable in the real world of frictions, leads to three channels through which domestic saving may promote …
Persistent link: https://www.econbiz.de/10012971285
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Hegelian Macroeconomics -- the Dialectics of Global Imbalances
Monga, Celestin - 2017
financial flows. They have generated two opposing views of the current situation of the world economy: on one side, a prudent … optimistic view suggests that global imbalances are not anomalies but simply the predictable outcome of a world with increasingly … countries in the world rebalance their economies to avoid the potentially painful cost of disruption and adjustment. The latter …
Persistent link: https://www.econbiz.de/10012976730
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Does the Global Trade Slowdown Matter?
Constantinescu, Cristina - 2018
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/10012936149
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Monitoring Export Vulnerability to Changes in Growth Rates of Major Global Markets
Hollweg, Claire H. - 2017
commodities and differentiated products. This methodology is applied to six developing countries, one from each World Bank region …
Persistent link: https://www.econbiz.de/10012974830
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Trade Openness Reduces Growth Volatility When Countries are Well Diversified
Haddad, Mona - 2017
This paper addresses the mechanisms by which trade openness affects growth volatility. Using a diverse set of export diversification indicators, it presents strong evidence pointing to an important role for export diversification in reducing the effect of trade openness on growth volatility. The...
Persistent link: https://www.econbiz.de/10012976666
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Structural Change, Fundamentals, and Growth : A Framework and Case Studies
McMillan, Margaret - 2017
Developing countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reduction in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic...
Persistent link: https://www.econbiz.de/10012957710
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Diversification, Growth, and Volatility in Asia
Papageorgiou, Chris - 2017
Economic development critically involves diversification and structural transformation?that is, the continued, dynamic reallocation of resources from less productive to more productive sectors and activities. This paper documents that, over an extended period, developing Asia has on average been...
Persistent link: https://www.econbiz.de/10012971321
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China : Global Crisis Avoided, Robust Economic Growth Sustained
Vincelette, Gallina Andronova - 2017
This paper explores how the ongoing crisis, the policy responses to it, and the post-crisis global economy will impact China's medium-term prospects for growth, poverty reduction, and development. The paper reviews China's pre-crisis growth experience, including its relationship to global...
Persistent link: https://www.econbiz.de/10012976358