Showing 1 - 9 of 9
once it begins. Globally, long-term vulnerability to epidemics may decrease as development standards rise, but a more …
Persistent link: https://www.econbiz.de/10005200865
growth and development: the age structure of the population is also fundamentally important. …
Persistent link: https://www.econbiz.de/10009294018
In a recent paper, Acemoglu and Johnson (2007) argue that the large increases in population health witnessed in the 20th century may have lowered income levels. We argue that this result depends crucially on their assumption that initial health and income do not affect subsequent economic...
Persistent link: https://www.econbiz.de/10008599629
institutional quality such that, the institutional downside of development assistance maybe questionable when greater domestic … institutional development has taken place. Based on the hypothesis of institutional thresholds for foreign aid effectiveness, the … perilous character of development assistance to institutional quality is broadly confirmed in 53 African countries for the …
Persistent link: https://www.econbiz.de/10010840472
The proportion of a country's population living in urban areas is highly correlated with its level of income. Urban areas offer economies of scale and richer market structures, and there is strong evidence that workers in urban areas are individually more productive, and earn more, than rural...
Persistent link: https://www.econbiz.de/10005698403
Purpose – The purpose of this paper is to examine the effects of policy options in financial dynamics (of money, credit, efficiency and size) on consumer prices. Soaring food prices have marked the geopolitical landscape of African countries in the past decade. Design/methodology/approach –...
Persistent link: https://www.econbiz.de/10010685889
Acemoglu and Johnson (2007) present evidence that improvements in population health do not promote economic growth. We show that their result depends critically on the assumption that initial health has no causal effect on subsequent economic growth. We argue that such an effect is likely,...
Persistent link: https://www.econbiz.de/10010658709
to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … promoting financial development when compared with autocracies. Once democracy is initiated, it should be accelerated (to edge … out the appeals of authoritarian regimes) to reap the benefits of level and time hypotheses in financial development. …
Persistent link: https://www.econbiz.de/10011118419
Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed persistently high. Using updated panel data of 26 African countries spanning the period 1996-2010, this study examines the effect of liberalisation policies with particular focus on financial, trade,...
Persistent link: https://www.econbiz.de/10011258091