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Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012841602
Using firm-level data covering 709 cities in 128 countries, this paper examines the role of a comprehensive list of business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis finds basic protection, access to finance and...
Persistent link: https://www.econbiz.de/10012951517
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 of a long-run Granger causality from economic growth to...
Persistent link: https://www.econbiz.de/10012954323
and poor adults. This paper provides an overview of financial inclusion around the world and reviews the recent empirical …
Persistent link: https://www.econbiz.de/10012957773
surveys on expectations and implied statistics of predictive models. The BCEF procedure is applied to produce world GDP growth …
Persistent link: https://www.econbiz.de/10012901276
World Bank?s Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the …
Persistent link: https://www.econbiz.de/10012909745
the 75th percentile of what was observed in the data. In the former, world GDP per capita is 5 percent higher than …, world GDP per capita is 12 percent higher than baseline in 2050, while the rate of $1.90 poverty drops by 1.4 percentage …
Persistent link: https://www.econbiz.de/10012910532
Students around the world are going to school but are not learning -- an emerging gap in human capital formation. To … percent of the world's population from 2000 to 2017. The data set will be publicly available and updated annually by the World …
Persistent link: https://www.econbiz.de/10012892686
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
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses …
Persistent link: https://www.econbiz.de/10012937557