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China, India, and the Future of the World Economy : Fierce Competition or Shared Growth?
Dimaranan, Betina - 2016
Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much...
Persistent link: https://www.econbiz.de/10012747660
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Cities of Workers, Children, or Seniors? Age Structure and Economic Growth in a Global Cross-Section of Cities
Jedwab, Remi Camille - 2019
A large literature documents the positive influence of a city's skill structure on its rate of economic growth. By contrast, the effect of a city's age structure on its economic growth has been a hitherto largely neglected area of research. This paper hypothesizes that cities with more...
Persistent link: https://www.econbiz.de/10012859463
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Growth of Global Corporate Debt : Main Facts and Policy Challenges
Abraham, Facundo - 2020
This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008–09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...
Persistent link: https://www.econbiz.de/10012823367
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Globalization of Labor Markets and the Growth Prospects of Nations
Basu, Kaushik - 2017
The many and varied crises in the world economy since 2007 seem to have different origins and diverse manifestations …. This paper contends that there is however a structural shift beneath the global economy that is now reaching a critical …
Persistent link: https://www.econbiz.de/10012969887
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Before and after the Global Financial Crisis : Evaluating the Caribbean's Synchronization with Global Engines of Growth
Kouame, Auguste Tano - 2017
relates to that of key drivers of the global economy. The paper explores whether the region's links with some important global …
Persistent link: https://www.econbiz.de/10012970171
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Can Latin America Tap the Globalization Upside?
de la Torre, Augusto - 2017
This paper discusses the theoretical arguments in favor of and against economic globalization and, with a view to … ascertaining whether Latin America may be able to capture the globalization upside, examines the trends and salient features of … Latin America's globalization as compared with that of Southeast Asia. The paper focuses on trade and financial integration …
Persistent link: https://www.econbiz.de/10012973335
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Does Rainfall Matter for Economic Growth? Evidence from Global Sub-National Data (1990-2014)
Damania, Richard - 2019
(especially in the climate economy literature) finds that precipitation has no robust and significant impact on various measures …
Persistent link: https://www.econbiz.de/10012865494
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Asian Century or Multi-Polar Century?
Dollar, David - 2016
The rise of Asia is something of a myth. During 1990-2005 China accounted for 28 percent of global growth, measured at Purchasing Power Parity (PPP). India accounted for 9 percent. The rest of developing Asia, with nearly a billion people, accounted for only 7 percent, the same as Latin America....
Persistent link: https://www.econbiz.de/10012747802
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Engineers, Innovative Capacity and Development in the Americas
Maloney, William F. - 2017
This paper offers the first evidence on the prevalence of a central actor in modern growth theory?the engineer. Using newly collected sub-national, and international data as well as historical case studies, it then argues that differences in innovative capacity, captured by the density of...
Persistent link: https://www.econbiz.de/10012973384
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Equilibrium Fictions : A Cognitive Approach to Societal Rigidity
Hoff, Karla - 2017
This paper assesses the role of ideas in economic change, combining economic and historical analysis with insights from psychology, sociology and anthropology. Belief systems shape the system of categories ( "pre-confirmatory bias" ) and perceptions (confirmatory bias), and are themselves...
Persistent link: https://www.econbiz.de/10012976669