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Why Do Some Countries Default More Often than Others? The Role of Institutions
Qian, Rong - 2017
This paper examines how a country's weak institutions and polarized government can affect the likelihood of its default … on sovereign debt. Using a data set of 90 countries, it shows that strong institutions are associated with fewer … sovereign default crises. In addition, when institutions are weak, a more polarized government tends to default more often. To …
Persistent link: https://www.econbiz.de/10012975395
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Drivers of Entrepreneurship and Post-Entry Performance of Newborn Firms in Developing Countries
Quatraro, Francesco - 2017
particular focus on developing countries (DCs). In particular, the concept of "entrepreneurship" is critically discussed …
Persistent link: https://www.econbiz.de/10012972595
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Drivers of Entrepreneurship and Post-Entry Performance : Microeconomic Evidence from Advanced and Developing Countries
Vivarelli, Marco - 2017
The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it … discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction … (of the new firm); and 4) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on …
Persistent link: https://www.econbiz.de/10012974872
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Demography, Urbanization and Development : Rural Push, Urban Pull and... Urban Push?
Jedwab, Remi - 2017
Developing countries have urbanized rapidly since 1950. To explain urbanization, standard models emphasize rural-urban migration, focusing on rural push factors (agricultural modernization and rural poverty) and urban pull factors (industrialization and urban-biased policies). Using new...
Persistent link: https://www.econbiz.de/10012971521
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Demand Growth Versus Market Share Gains : Decomposing World Manufacturing Import Growth
Aksoy, Ataman - 2017
This paper decomposes manufacturing import growth rates in a selected set of large industrial and developing countries (five industrial and eight developing) and measures the relative contributions of domestic demand and market share changes for two separate periods 1991/92 - 2001/02 and 2001/02...
Persistent link: https://www.econbiz.de/10012974580
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Economic Implications of Moving Toward Global Convergence on Emission Intensities
Timilsina, Govinda R. - 2017
One key contentious issue in climate change negotiations is the huge difference in carbon dioxide (CO2) emissions per capita between more advanced industrialized countries and other nations. This paper analyzes the costs of reducing this gap. Simulations using a global computable general...
Persistent link: https://www.econbiz.de/10012975152
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Learning from Developing Country Experience : Growth and Economic Thought Before and after the 2008-09 Crisis
Harrison, Ann E. - 2017
The aim of this paper is twofold. First, it documents the changing global landscape before and after the crisis, emphasizing the shift towards multipolarity. In particular, it emphasizes the ascent of developing countries in the global economy before, during, and after the crisis. Second, it...
Persistent link: https://www.econbiz.de/10012975849
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Mobile Banking and Financial Inclusion : The Regulatory Lessons
Klein, Michael U. - 2017
Mobile banking is growing at a remarkable speed around the world. In the process it is creating considerable uncertainty about the appropriate regulatory response to this newly emerging service. This paper sets out a framework for considering the design of regulation of mobile banking. Since it...
Persistent link: https://www.econbiz.de/10012976000
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Credit Constraints and the North-South Transmission of Crises
Nguyen, Ha - 2017
Adverse shocks to rich countries often have a large and persistent negative impact on investment and output in developing countries. This paper examines a transmission mechanism that can account for this stylized fact. The mechanism is based on the existence of international financial frictions....
Persistent link: https://www.econbiz.de/10012976389
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Covid-19 Mortality in Rich and Poor Countries : A Tale of Two Pandemics?
Schellekens, Philip - 2020
COVID-19 can be described as a heat-seeking missile speeding toward the most vulnerable in society. That metaphor applies not just to the vulnerable in the rich world; the vulnerable in the rest of the world are not more immune. Yet, despite the extensive spread of the virus, the mortality toll...
Persistent link: https://www.econbiz.de/10012832606