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Does trade cause long-run development? : theory and evidence from countries behind the Suez channel
Gerritse, Michiel - 2015 - Preliminary
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
Persistent link: https://www.econbiz.de/10011478180
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Domestic Amplifiers of External Shocks : Growth Accelerations and Reversals in Emerging Market and Developing Economies
Gruss, Bertrand - 2019
External conditions have been found to influence the tendency of emerging market and developing economies to experience episodes of growth accelerations and reversals. In this paper we study the role of domestic policies and other structural attributes in amplifying or mitigating the effect that...
Persistent link: https://www.econbiz.de/10012866906
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Institutions Rule : The Primacy of Institutions Over Integration and Geography in Economic Development
Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions 'trumps' everything else. Controlling for institutions,...
Persistent link: https://www.econbiz.de/10013317779
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Distance to the Pre-industrial Technological Frontier and Economic Development
Özak, Ömer - 2018
This research explores the effects of distance to the pre-industrial technological frontiers on comparative economic development in the course of human history. It establishes theoretically and empirically that distance to the frontier had a persistent non-monotonic effect on a country's...
Persistent link: https://www.econbiz.de/10012940315
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Trade and Economic Growth : Theories and Evidence from the Southern African Development Community
Farahane, Matias - 2020
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern African Development Community (SADC), a regional integration agreement (RIA) organization, the central objective of whose formation was the need to accelerate, foster, and...
Persistent link: https://www.econbiz.de/10012823307
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Global value chain participation and inclusive growth in sub-Saharan Africa
Obeng, Camara Kwasi; Mwinlaaru, Peter Y.; Ofori, Isaac Kwesi - 2021
Global value chain (GVC) participation has been identified as one of the means by which developing countries can attain inclusive growth yet little attention has been paid to it in sub-Saharan Africa (SSA). Motivated by the dearth of studies on SSA, we investigate the effect of GVC participation...
Persistent link: https://www.econbiz.de/10012544829
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Trade in Developing East Asia : How It Has Changed and Why It Matters
Constantinescu, Ileana Cristina - 2019
East Asia, for long the epitome of successful engagement in trade, faces serious challenges: technological change that may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce access to important markets. The analysis in this article...
Persistent link: https://www.econbiz.de/10012895806
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Redefining Capitalism in Global Economic Development
Li, Kui-Wai - 2020
nations fail, but how the sustainability of capitalism can save the world …
Persistent link: https://www.econbiz.de/10012832354
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Trade and the post-2015 development agenda
Hoekman, Bernard M. - 2017
Trade can and should play an important role in making progress to achieve the Sustainable Development Goals. This includes trade and investment in services, as realizing many of the goals is conditional on improved performance of services sectors in developing countries. The global environment...
Persistent link: https://www.econbiz.de/10012700556
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Quantitative World System Studies Contradict Current Islamophobia : World Political Cycles, Global Terrorism, and World Development
Tausch, Arno - 2008
In this article, we draw some optimistic, socio-liberal conclusions about Islam in the world system. Countering some … nature of unequal capitalist accumulation and dependency that is at the core of the world capitalist system. For one, our … analysis is based on current thinking on Kondratiev waves of world political development inherent in recent work by IIASA and …
Persistent link: https://www.econbiz.de/10014051885