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 between undervaluation and growth; (ii) this relationship is strong for …

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 between undervaluation and growth; (ii) this relationship is strong for …

Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining … social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from …

Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining … social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from …

In this Paper we reconsider the evidence on capital account liberalization and growth. While we find indications of a … similarly fragile. There is some evidence that the positive growth effects of liberalization are stronger in countries with … liberalization and growth when we allow the effect to vary with other dimensions of openness. There are two interpretations of this …

-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 growth, a first wave in countries with relatively low levels of per …

conclude that financing growth and investment out of foreign savings, while not impossible, is risky. …

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. …