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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
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
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
Persistent link: https://www.econbiz.de/10010279185
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
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology seems to have had a substantial impact on the performance of the United States economy, the evidence for other countries is much...
Persistent link: https://www.econbiz.de/10010279209
This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical analysis we use data from 23 major countries with...
Persistent link: https://www.econbiz.de/10010279236
Over the past few years, many commentators have suggested that the Internet is one of the forces driving globalization. This paper tries to assess one aspect of these claims, looking at whether Internet access appears to affect the export performance of enterprises in low- and middle-income...
Persistent link: https://www.econbiz.de/10010279249
Remittances, after foreign direct investment, are currently the most important source of external finance to developing countries. Remittances surpass foreign aid, and tend to be more stable than such volatile capital flows as portfolio investment and international bank credit. Remittances are...
Persistent link: https://www.econbiz.de/10010279270
This paper discusses the rationale as well as the challenges involved when constructing gender-related indicators of well-being. It argues that such indicators are critically important but that their construction involves a number of conceptual and measurement problems. Among the conceptual...
Persistent link: https://www.econbiz.de/10010279271