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Impact of Migration on Economic and Social Development : A Review of Evidence and Emerging Issues
Ratha, Dilip - 2017
This paper provides a review of the literature on the development impact of migration and remittances on origin countries and on destination countries in the South. International migration is an ever-growing phenomenon that has important development implications for both sending and receiving...
Persistent link: https://www.econbiz.de/10012976168
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Structural Change, Fundamentals, and Growth : A Framework and Case Studies
McMillan, Margaret - 2017
mismatches, continued globalization and technological change, greater income inequality, unprecedented population aging in richer …
Persistent link: https://www.econbiz.de/10012957710
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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
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Policy Challenges for Emerging and Developing Economies : Lessons from the Past Decade
Ruch, Franz Ulrich - 2020
The 2009 global recession demonstrated, once again, the importance of crisis prevention as well as the critical need for preserving policy room so that emerging market and developing economies (EMDEs) can act when their economies are hit by shocks. And now, with the global growth outlook still...
Persistent link: https://www.econbiz.de/10012839626
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Financial Globalization in Emerging Economies : Much Ado About Nothing?
Levy-Yeyati, Eduardo Levy - 2014
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …
Persistent link: https://www.econbiz.de/10013068213
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Financial Globalization and Market Volatility : An Empirical Appraisal
Cordella, Tito - 2017
This paper computes a new financial globalization index for a large sample of countries for 1992-2016. Unlike other … measures, the financial globalization index corrects for the heteroscedasticity of global volatility. This leads to a downward … adjustment of financial globalization trends for developed, emerging, and frontier markets. The paper also shows that financial …
Persistent link: https://www.econbiz.de/10012954311
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Financial Globalization in Emerging Economies : Much Ado About Nothing?
Levy-Yeyati, Eduardo Levy - 2017
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …
Persistent link: https://www.econbiz.de/10012976061
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Sudden Stops : Are Global and Local Investors Alike?
Calderón, César - 2017
likely to stop bringing their capital when their economy is growing and the world interest rate is lower. Domestic agents are …
Persistent link: https://www.econbiz.de/10012976162
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The Role of Major Emerging Markets in Global Commodity Demand
Baffes, John - 2018
Rapid growth among the major emerging markets over the past 20 years has boosted global demand for commodities. The seven largest emerging markets accounted for almost all the increase in global consumption of metals, and two-thirds of the increase in energy consumption over this period. As...
Persistent link: https://www.econbiz.de/10012912334
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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