Showing 1 - 10 of 85
This paper provides the first systematic analysis of migration to, within, and from Libya. The data used in the analysis are from the Displacement Tracking Matrix data set of the International Organization for Migration. The analysis uses this unique source of data, combining several techniques...
Persistent link: https://www.econbiz.de/10012844086
a new technology. All villages have CFs and access the same extension network. In treatment villages, CFs additionally … extension network: from extension agents to CFs, and from CFs to other farmers. Directly training CFs leads to a large …
Persistent link: https://www.econbiz.de/10012972897
. Theoreticians note that banking increasingly displays network characteristics that may call for corrective action but make policy … justified, but the complexity of the network makes successful interventions hard to design. Supervision has a role, and the … financial network has placed an upper bound on the effectiveness of supervision. The authors conclude that although bank …
Persistent link: https://www.econbiz.de/10012966353
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...
Persistent link: https://www.econbiz.de/10013068213
This paper documents an unusual and possibly significant phenomenon: The export of skills embodied in goods, services, or capital from poorer to richer countries. We first present a set of stylized facts. Using a measure that combines the sophistication of a country's exports with the average...
Persistent link: https://www.econbiz.de/10013070851
This paper assesses the international comovement of gross capital inflows and outflows using a two-level factor model. Among advanced and emerging countries, capital flows exhibit strong commonality: common (global and country group-specific) factors account, on average, for close to half of...
Persistent link: https://www.econbiz.de/10012926785
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam, rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012838624
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...
Persistent link: https://www.econbiz.de/10012840241
The paper offers an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). It outlines a series of alternative interpretations and definitions of what the rise of GVCs entails, and it traces the implications of these alternative conceptualizations for the...
Persistent link: https://www.econbiz.de/10012843448
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...
Persistent link: https://www.econbiz.de/10012954311