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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...
Persistent link: https://www.econbiz.de/10011733850
The global economy is currently expanding at a moderate pace, albeit with considerable differences in momentum across … countries. The economy in the United States is still growing at robust rates, whereas the euro area is in a phase of stagnation … inflation rates are not expected to fall sustainably close to the target levels again until 2025. Risks for the global economy …
Persistent link: https://www.econbiz.de/10014506984
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...
Persistent link: https://www.econbiz.de/10011733732
Persistent link: https://www.econbiz.de/10004922598
This short essay on financial speculation with agricultural commodities offers (1) a survey on the real economy factors …
Persistent link: https://www.econbiz.de/10010516319
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...
Persistent link: https://www.econbiz.de/10010268195
Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...
Persistent link: https://www.econbiz.de/10010268841
, however, is that there seem to be certain threshold levels of financial and institutional development that an economy needs to …
Persistent link: https://www.econbiz.de/10010269032
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...
Persistent link: https://www.econbiz.de/10010269041
episode took a very heavy toll on the real economy, we argue that this was not a surprising outcome. In particular, historical …
Persistent link: https://www.econbiz.de/10010273680