Similar Search Results

The Service Sector as India's Road to Economic Growth

Eichengreen, Barry - 2011

While India is distinctive among developing countries for its fast-growing service sector, sceptics have raised doubts about the quality and sustainability of this service-sector growth and its implications for economic development. We show, consistent with the views of the sceptics, that while...

Persistent link: https://www.econbiz.de/10013130492

Real Exchange Rates, Trade, and Growth : Italy 1861-2011

Di Nino, Virginia - 2013

What is the relationship between real exchange rate misalignments and economic growth? And what effect, if any, did undervaluations or overvaluations of the lira/euro have on Italy's growth? We address these questions by presenting, first, three main facts: (i) there is a positive relationship...

Persistent link: https://www.econbiz.de/10013084819

Growth Slowdowns Redux : New Evidence on the Middle-Income Trap

Eichengreen, Barry - 2013

We analyze the incidence and correlates of growth slowdowns in fast-growing middle-income countries, extending the analysis of an earlier paper (Eichengreen, Park and Shin 2012). We continue to find dispersion in the per capita income at which slowdowns occur. But in contrast to our earlier...

Persistent link: https://www.econbiz.de/10013089017

The Two Waves of Service Sector Growth

Eichengreen, Barry - 2009

The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...

Persistent link: https://www.econbiz.de/10013159735

Can Countries Rely on Foreign Saving for Investment and Economic Development?

Cavallo, Eduardo A. - 2017

investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings … over the deficit episode and its aftermath, growth is slower than when countries rely on domestic savings. The paper … concludes that financing growth and investment out of foreign savings, while not impossible, is risky …

Persistent link: https://www.econbiz.de/10012958083

Insurance Underwriter or Financial Development Fund : What Role for Reserve Pooling in Latin America?

Eichengreen, Barry - 2010

The accumulation of international reserves by emerging markets raises the question of how to best utilize these funds. This paper explores two routes through which the pooling of reserves could enhance stability and welfare. First, the reserve pool could be used for emergency lending in response...

Persistent link: https://www.econbiz.de/10012760717

The Landscape of Economic Growth : Do Middle-Income Countries Differ?

Eichengreen, Barry - 2018

We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in low- and middle-income countries, but appears to...

Persistent link: https://www.econbiz.de/10012917833

The World Economy after the Global Crisis : A New Economic Order for the 21st Century

Eichengreen, Barry - 2012

Key Features:Gives comprehensive treatment covering trade, finance, macroeconomics and development policyCombines the perspectives of leading analysts from North America, Europe and AsiaContains accessible technical.

Persistent link: https://www.econbiz.de/10012689244

When Does Capital Account Liberalization Help More than it Hurts?

Arteta, Carlos Oscar; Eichengreen, Barry; Wyplosz, Charles - 2021

In this paper we reconsider the evidence on capital account liberalization and growth. While we find indications of a positive association, the effects vary with time, with how capital account liberalization is measured, and with how the relationship is estimated. The evidence that the effects...

Persistent link: https://www.econbiz.de/10013221506

The Impact of China on the Exports of Other Asian Countries

Eichengreen, Barry; Rhee, Yeongseop; Tong, Hui - 2021

We analyze the impact of China's growth on the exports of other Asian countries. Our innovation is to distinguish the increase in China's demand for imports from its increased penetration of export markets. Using the gravity model, we disaggregate among commodity types and account for the...

Persistent link: https://www.econbiz.de/10013225046