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This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...
Persistent link: https://www.econbiz.de/10014068193
trust. Drawing on individual data from 82 countries around the world over the 1981-2021 period, it sheds light on the …
Persistent link: https://www.econbiz.de/10013549847
In the first era of financial globalization (1880-1914), global capital market integration led to substantial net … capital movements from rich to poor economies. The historical experience stands in contrast to the contemporary globalization … movements. -- capital market integration ; financial globalization ; economic history …
Persistent link: https://www.econbiz.de/10003655033
Goal of the text is to find links between current phase of economic globalisation and income distribution in developing economies. Dynamics and structure of income in so called emerging economies is in the bigger and bigger extend affected by growing international flows of trade and capital....
Persistent link: https://www.econbiz.de/10012308407
, extreme poverty has been decreasing in all regions of the world with the exception of Africa where about 50 percent of … countries in Sub-Saharan Africa did not achieve the MDG extreme poverty target despite the sub-region enjoying more than two …A 2015 World Bank report on the achievement of Millennium Development Goals (MDGs) revealed that since the 1990s …
Persistent link: https://www.econbiz.de/10011542263
African countries, inequality in development increases and African may not catch-up with the developed world. As an ideal … proposed in tackling the spirit of African poverty is a holistic commitment to fighting illicit capital flight based on …
Persistent link: https://www.econbiz.de/10013026479
An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has … been decreasing in all regions of the world with the exception of Africa. This study extends the implications of Thomas … development increases and Africa may not catch-up with the developed world. As an ideal solution, Piketty has proposed progressive …
Persistent link: https://www.econbiz.de/10012981429
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010423766
development (DID)-which can boost telework and virtual human capital accumulation. Reduction in poverty and inequality through … project their impact on poverty and inequality up to 2030. Our findings show limited impact of the three types of policy … impact on poverty reduction in the combined policy of digital infrastructure with a boost in skilled labor. This finding can …
Persistent link: https://www.econbiz.de/10012816153
This paper investigates the effect of firm-level investment on the levels of income inequality and poverty. Using a …-level investment is also negatively related to several measures of poverty. Overall, our results indicate that firm-level capital … reducing inequality and poverty. Our results may also be beneficial to policy makers as they consider a variety of regulatory …
Persistent link: https://www.econbiz.de/10013433227