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framework of employment-centered, poverty-reducing development.   … labor markets are segmented by gender and how any analysis of the impact of macroeconomic policies on growth, employment and … poverty reduction needs to be undertaken with this segmentation in mind. Specifically, Heintz addresses  how macroeconomic …
Persistent link: https://www.econbiz.de/10005086279
Using a panel data set covering 139 countries over the 1970-2009 period, we empirically investigate the role of foreign direct investment on growth through diffusion of technology and innovation. Using an otherwise standard growth regression and regressions on productivity growth, we introduce a...
Persistent link: https://www.econbiz.de/10013080764
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and … markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we … show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in …
Persistent link: https://www.econbiz.de/10013317788
Persistent link: https://www.econbiz.de/10010313012
The relationship between financial development and poverty is one that has not been extensively explored in the … infant mortality as a proxy indicator of poverty, the results show that the relationship between financial development and … poverty. The result is important since it already controls for the effect that economic growth has on poverty reduction, given …
Persistent link: https://www.econbiz.de/10014164976
The objective of this paper is to examine whether foreign direct investments (FDI) in extractive sector enhances growth … models. The main findings are: First, the effect of FDI is very small, and it can have positive spillovers in the host … financial markets are inadequate to spur growth and enhance the role of FDI in the growth process in MENA oil producing …
Persistent link: https://www.econbiz.de/10009745993
The growth has been linked to foreign direct investment inflows. This paper examines whether FDI in extractive sector … coefficients of our models. The main findings are: First, the effect of FDI is very small, and it can have positive spillovers in …. Second, the financial markets are inadequate to spur growth and enhance the role of FDI in the growth process in MENA oil …
Persistent link: https://www.econbiz.de/10013067707
We investigate the relationship between financial integration and output volatility at micro and macro levels. Using a very large firm-level dataset (AMADEUS) from 16 European countries, we construct a measure of "deep" financial integration at the regional level based on observations of foreign...
Persistent link: https://www.econbiz.de/10008669973
poverty reduction tool. It argues that while microfinance has developed some innovative management and business strategies …, its impact on poverty reduction remains in doubt. Microfinance, however, certainly plays an important role in providing … self-esteem. However, for any significant dent on poverty, the focus of public policy should be on growth-oriented and …
Persistent link: https://www.econbiz.de/10008502720
This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the forces that determine inequality change, focusing on...
Persistent link: https://www.econbiz.de/10010249771