Showing 1 - 10 of 336
Using a new database of household surveys, this paper examines inequality among all individuals living in developing East Asia regardless of their country of residence. The East Asian Gini index increased from 39.0 in 1988 to 43.3 in 2012. Inequality increased during the initial decade,...
Persistent link: https://www.econbiz.de/10012962321
This paper documents the existence of a "middle-income trap" for the Middle East and North Africa region. It argues that the economic woes of the Middle East and North Africa offer new insights into the debate on the trap which has thus far focused on the East Asia and Pacific region. The...
Persistent link: https://www.econbiz.de/10012865510
East and Southeast Asia face major demographic changes over the next few decades as many countries' labor forces will start to decline, while others will experience higher labor force growth as populations and participation rates increase. A well-managed labor migration strategy presents itself...
Persistent link: https://www.econbiz.de/10012973905
Was economic growth in East Asia jobless? This paper addresses this question using data from eight East Asian countries during the period between 1997 and 2011 to estimate the Okun's Law Coefficient, which captures the relationship between growth and employment. The analysis suggests that growth...
Persistent link: https://www.econbiz.de/10012975074
Production networks have been at the heart of the recent growth in trade among East Asian countries. Fragmentation trade, reflected mainly in the trade in parts and components, is expanding more rapidly than the conventional trade in final goods. This is mainly due to the relatively more...
Persistent link: https://www.econbiz.de/10012747815
openness to goods trade and investment coexists with relative restrictiveness of services policies -- which is affecting the … and fragmented agreements that regulate the region?s trade and investment and the growing importance of regional and …
Persistent link: https://www.econbiz.de/10012912297
increase in private sector credit supporting private investment. This was facilitated by a prudent and accommodative regional … monetary policy and improved financial regulation. Pro-cyclical fiscal policies supported public infrastructure investment but …
Persistent link: https://www.econbiz.de/10012906439
This paper investigates the role of fiscal guarantees in promoting infrastructure investment. Infrastructure is a … give guarantees for reasons of fiscal prudence. The paper argues that governments and large investment guarantee agencies … be fiscally prudent and yet boost investment, especially in infrastructure, and thereby promote growth …
Persistent link: https://www.econbiz.de/10012973277
A notable contrast in modern economic history has been the rapid economic growth of China and the slower and volatile economic growth in Sub-Saharan Africa. As the engagement between the two continues to grows, there will be a greater cross-fertilization of experiences. Total factor productivity...
Persistent link: https://www.econbiz.de/10012976678
Few economic ideas are as intuitive as the notion that increasing investment is the best way to raise future output … patterns of investment and capital formation were not the main factors that led nations to be rich or poor, fast-growing or … national investment rates can produce major increases in rates of economic growth. The authors find that although the capital …
Persistent link: https://www.econbiz.de/10012746919