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While it is widely presumed that development progress in so-called fragile states is lagging behind, only very limited empirical analysis exists that investigates to what extent the levels and trends in the MDGs differ significantly between fragile and other developing countries, and between...
Persistent link: https://www.econbiz.de/10010339418
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … growth. However, when we identify an inequality threshold, we find that inequality is positively associated with growth if …
Persistent link: https://www.econbiz.de/10010465444
This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the WAMZ over the … effects of high inflation on growth. This finding is consistent with the theoretical proposition. It is remarkable to note …
Persistent link: https://www.econbiz.de/10014487058
While previous studies have explored the relationship between inflation and economic growth, the existing literature on … threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … that affects economic growth in WAMZ countries over the period 2001-2019. The paper applies a Panel Smooth Transition …
Persistent link: https://www.econbiz.de/10014287909
This study presents novel empirical evidence on the optimal disaggregated public debt-growth threshold in the WAMZ over … the period 1996-2022. Determining the public debt-growth threshold in a disaggregated form is crucial for macroeconomic … capita income. Furthermore, they show that domestic debt appears to have less negative dampening effects on economic growth …
Persistent link: https://www.econbiz.de/10015045364
Persistent link: https://www.econbiz.de/10013189372
Persistent link: https://www.econbiz.de/10012595635
This paper focuses on the analysis of the long-run response of the Real Exchange Rate (RER) to political risks and tests whether non-economic variables have an impact on RER in 31 emerging and developing countries. We use annual data from the International Country Risk Guide database over the...
Persistent link: https://www.econbiz.de/10011955761
Previous research has found that the relationship between fiscal deficits and inflation is conditional on income levels: deficits tend to be inflationary in developing countries but not in advanced economies. We show that within low-income countries (LICs) the relationship is again conditional:...
Persistent link: https://www.econbiz.de/10012177168
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