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Income distribution changes and their impact in the post- World War II period

Cornia, Giovanni Andrea; Addison, Tony; Kiiski, Sampsa - 2003

This paper analyses the trends in within-country inequality during the post- World War II period, with particular … trends in 73 countries accounting for 80 per cent of the world’s population and 91 per cent of world GDP-PPP. The paper …, it marks a clear departure from that observed during the first 30 years of the post-World War II period during which …

Persistent link: https://www.econbiz.de/10010279071

By how much does conflict reduce financial development?

Addison, Tony; Chowdhury, Abdur R.; Murshed, S. Mansoob - 2002

Financial development is vulnerable to social conflict. Conflict reduces the demand for domestic currency as a medium …

Persistent link: https://www.econbiz.de/10010279092

Financial crises and national policy issues: An overview

Ffrench-Davis, Ricardo - 2002

In this overview we try to explain, first, why funds continued to flow towards emerging economies while fundamentals in host countries had been deteriorating before the Asian crisis (rising external deficit, with a significant liquid component appreciating exchange rates; low capital formation,...

Persistent link: https://www.econbiz.de/10010279100

Growth, economic development and structural transition in small vulnerable states

Read, Robert - 2001

This paper reviews the critical theoretical and policy issues relating to growth, economic development and structural transition in small states. The paper discusses alternative perspectives on small size and highlights the salient characteristics which give rise to their economic...

Persistent link: https://www.econbiz.de/10010279120

Countercyclical fiscal policy: A review of the literature, empirical evidence and some policy proposals

Budnevich L., Carlos - 2002

For many emerging market economies, over reliance on monetary policy may bring worse macro results, when compared to a more balanced framework of countercyclical fiscal and monetary policy. The use of countercyclical fiscal policy requires as a precondition solvent and sustainable fiscal...

Persistent link: https://www.econbiz.de/10010279125

Redistribution does matter: Growth and redistribution for poverty reduction

Dagdeviren, Hulya; vander Hoeven, Rolph; Weeks, John - 2002

Recent development literature has placed priority on poverty reduction, and on possible growth enhancement from a more equal distribution of assets and income. At the same time, empirical work consistently shows that economic growth is no more than distribution neutral. In that context, this...

Persistent link: https://www.econbiz.de/10010279133

The rise or fall of world inequality: A superious controversy?

Capéau, Bart; Decoster, André - 2004

In the age of globalization, the question whether inequality in the world rose or fell down, is a hot topic. Leading … (income) amongst world citizens. Despite their similar methodologies, they do not seem to agree about the conclusion. In the … no doubt that world inequality went down between the late 1970s and the late 1990s, has in fact calculated population …

Persistent link: https://www.econbiz.de/10010279136

Economic growth and financial depth: Is the relationship extinct already?

Rousseau, Peter L.; Wachtel, Paul - 2005

Although the finance–growth nexus has become firmly entrenched in the empirical literature, studies that question the strength of the empirical results have appeared and seem to have become more frequent as well. In this paper we re-examine the core crosscountry panel results that established...

Persistent link: https://www.econbiz.de/10010279175

Financing the new economy: Financial institutions and corporate governance

Mayer, Colin - 2001

Persistent link: https://www.econbiz.de/10010279185

The effect of IMF and World Bank programmes on poverty

Easterly, William - 2001

Structural adjustment, as measured by the number of adjustment loans from the IMF and World Bank, reduces the growth …

Persistent link: https://www.econbiz.de/10010279201