Gemessen an den jeweiligen Bedürfnissen der Bevölkerung, können Standards in Entwicklungsländern sowohl zu hoch als auch zu niedrig sein. Beides ist möglich. Zu niedrige Standards sind oft darauf zurückzuführen, dass es an Verfahren fehlt, die kollektives Handeln ermöglichen. Übernimmt...

Auch zu Beginn des 21. Jahrhunderts werden keineswegs alle Menschen auf dieser Erde medizinisch ausreichend versorgt. Viele leiden und sterben immer noch an Krankheiten, die im Prinzip leicht zu behandeln wären. Es ist ein moralisches Anliegen, diesem Missstand Abhilfe zu verschaffen. Hierbei...

Computer and Internet use, especially in developing countries, has expanded rapidly in recent years. Even in light of this expansion in technology adoption rates, penetration rates differ markedly between developed and developing countries and across developing countries. To identify the...

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...

It is widely believed that the Millennium Challenge Corporation (MCC) has grossly fallen short of high expectations raised by the Bush administration in 2002. From the perspective of potential recipient countries, the crucial issue is whether the MCC increased the overall pool of aid resources...

This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of...

It is widely believed that the Millennium Challenge Corporation (MCC) has grossly fallen short of high expectations raised by the Bush administration in 2002. From the perspective of potential recipient countries, the crucial issue is whether the MCC increased the overall pool of aid resources...