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impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show … that vote-buying contributes to the persistence of poverty as taxed wealthy people buy votes from poor people. We then show …
Persistent link: https://www.econbiz.de/10003762209
choose the non-professional education track. Those who might have otherwise pursued higher, professional education may forgo … education since, they will be overqualified in the host country. This will have a long run affect. As time goes on, therefore …
Persistent link: https://www.econbiz.de/10012311042
With respect to the official thresholds of development in terms of GNI per capita, all developing countries have made … implication of the proposed thresholds for the extreme poverty line, which in 2015 has been updated to 1.90 US$ a day at 2011 …
Persistent link: https://www.econbiz.de/10012930499
this research, regarding the negative effect of land inequality on public expenditure on education is established …
Persistent link: https://www.econbiz.de/10014066702
sector development acts as a shock-absorber in poor countries, dampening the transmission of terms of trade shocks to growth … away as economies grow richer. Stock market development, by contrast, appears neither to be a shock-absorber nor a shock … volatility. Expanding the sample to 121 developing countries confirms this result, although this role of shock-absorber fades …
Persistent link: https://www.econbiz.de/10012870530
sector development acts as a shock-absorber in poor countries, dampening the transmission of terms of trade shocks to growth … away as economies grow richer. Stock market development, by contrast, appears neither to be a shock-absorber nor a shock … volatility. Expanding the sample to 121 developing countries confirms this result, although this role of shock-absorber fades …
Persistent link: https://www.econbiz.de/10012871772
specialization as the path to development, and alternative conceptions of an economy as an equilibrium system of optimizing agents …
Persistent link: https://www.econbiz.de/10012957033
to the global economy. At the same time, it has been firmly established that development involves massive diversification … specialization in the development process. For economic policy formulation, the issue is how much weight to give to diversification …
Persistent link: https://www.econbiz.de/10012904163
This paper discusses the relationship between the data economy and economic development and examines the benefits and … technology development asymmetries to reap the benefits and opportunities of the data economy …
Persistent link: https://www.econbiz.de/10012822519
considered to be beneficial for the economic development of developing countries. Current WTO rules support regional trade … tools for economic development. This paper critiques this conventional support of FDI and regional trade liberalization … development interests and the call for FDI and trade liberalization. The paper also discusses the impact of the recent …
Persistent link: https://www.econbiz.de/10014221684