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Slide 1
Slide 1

... Until the recent global crises, LDCs as a group enjoyed a protracted period of improved performance in the areas of economic growth, macroeconomic stability, trade and investment, resource flow and balances. However, this robust performance was relatively skewed and fragile and as such could not cat ...
$doc.title

... improved   under   the   new   system.   The   new   Prime   Minister-­‐   Omurbek   Babanov   has   shown   commitment   to   building   the   economy   through   market   forces   and   the   economy   is   recovering   from   what  was  a ...
Conditional Effects of Democracy and Trade
Conditional Effects of Democracy and Trade

... puzzles, providing a more nuanced understanding of the political world and creating theoretical space for multiple theoretical accounts, albeit at different time periods. Social Context and Empirical Puzzles Arguing for a richer understanding of international politics, social theories maintain that ...
NBER WORKING PAPER SERIES LINKING EXTERNAL SECTOR IMBALANCES AND CHANGING FINANCIAL
NBER WORKING PAPER SERIES LINKING EXTERNAL SECTOR IMBALANCES AND CHANGING FINANCIAL

... individual  economies  and  the  global  economy  based  on  the  sum  of  the  absolute  value  of  external sector imbalances (the trade imbalance, or the current account imbalance) across  subsets  of  or  all countries  as  a  proportion  of  the combined  GDP  of  countries.  We  develop  two  ...
PDF
PDF

... in the course of economic development as comparative advantages evolve. This chapter is focused on summarizing a new database that sheds light on the combined impact of traderelated policy developments over the past half century on distortions to agricultural incentives and thus also to consumer pri ...
The Political Economy of Latin American Economic Growth
The Political Economy of Latin American Economic Growth

... To these groups we must add two additional fundamental actors that cannot be traced back to original economic interests but that developed their economic autonomy as a result of the fluidity of twentieth century Latin American politics: political parties and the military. Political parties commonly ...
“In the 1950s and early 1960s, Asia appeared to be caught in a low
“In the 1950s and early 1960s, Asia appeared to be caught in a low

... What, then, is the best strategy for Mozambique to sustain rapid growth that benefits the poor? This paper provides an analytical framework for addressing the question, based on a review of the lessons suggested by international studies of growth and poverty reduction, taking into account the specia ...
Economic Growth as an Instrument for Poverty Reduction
Economic Growth as an Instrument for Poverty Reduction

... What, then, is the best strategy for Mozambique to sustain rapid growth that benefits the poor? This paper provides an analytical framework for addressing the question, based on a review of the lessons suggested by international studies of growth and poverty reduction, taking into account the specia ...
68007034I_en.pdf
68007034I_en.pdf

... periphery, in contrast, occupies a place in the world economy based on specialization in primary commodity production for export and therefore tends to display a narrower range of activities (for example, it starts off by lacking a significant industrial sector). In some of these activities, labour ...
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH

... spillover efficiency occurs when domestic firms are capable of absorbing the benefits of MNCs embodied in FDI. Besides FDI also creates backward and forward linkages which get stimulated through MNCs in spurting up economic growth and development. Blomstrom, Kokko and Zejan (1992) concluded that pr ...
Regional Specialization and Geographic Concentration of
Regional Specialization and Geographic Concentration of

... integration. Second, there is a growing policy concern that countries’ specialization in narrow groups of products might increase the demand risk for individual countries. As far as Romania is concerned, studies on regional specialization and industrial concentration have been undertaken both in nat ...
The Political Economy of Latin American Economic Growth
The Political Economy of Latin American Economic Growth

... To these groups we must add two additional fundamental actors that cannot be traced back to original economic interests but that developed their economic autonomy as a result of the fluidity of twentieth century Latin American politics: political parties and the military. Political parties commonly ...
1. Global Depth and the Big Shift
1. Global Depth and the Big Shift

... portfolio equity depth was hit the hardest. Trade was the next domino to fall, declining in 2009 to well below its 2005 level. Starting in 2010, trade drove a recovery, while capital remained in the doldrums. In 2012, however, the trade recovery reversed course, with trade depth turning in a modest ...
Evolving Comparative Advantage, Sectoral Linkages, and Structural
Evolving Comparative Advantage, Sectoral Linkages, and Structural

... smaller share of aggregate value added. I model this channel by imposing an income elasticity of agricultural consumption less than 1. Examples of this mechanism in closed economies can be found in Kongsamut, Rebelo, and Xie (2001) and Laitner (2000). In a small open economy, Teignier (2012) shows t ...
Troops and Growth - George Mason University
Troops and Growth - George Mason University

... many years the number of troops exceeded 100 in a given country, while the second (Years1000) counts the years with a thousand or more troops. To further assess the relationship’s economic and statistical significance, we run a set of multivariate ordinary least squares (OLS) regressions that includ ...
NONTRADITIONAL OR NEW TRADITIONAL EXPORTS: Ecuador`s
NONTRADITIONAL OR NEW TRADITIONAL EXPORTS: Ecuador`s

... POLICY REFORM AND THE FLOWER BOOM ...
4V - EconStor
4V - EconStor

... with the question - how effective is an across the board increase in tariffs in improving the balance of trade and employment in the short run? Tariff increases raise the price of imports in the domestic market allowing some expansion in employment in import competing industries. However, this is on ...
Determination of Potential Growth using Panel Techniques
Determination of Potential Growth using Panel Techniques

... GDP per capita for a range of industrial countries. The paper starts with a review of findings and considerations of the theoretical and empirical growth literature in order to give motivation for the empirical analysis. After this, the empirical model and econometric approach is demonstrated. Final ...
Comparative Study of Export Policies in Egypt, Morocco
Comparative Study of Export Policies in Egypt, Morocco

... A robust structural transformation is critical to shape a country’s ability to generate a faster and more inclusive growth that is required to tackle social challenges, such as unemployment and poverty. Structural transformation driven by export is highly relevant for Egypt, Morocco and Tunisia; cou ...
Trade and Resources: The Heckscher-Ohlin Model
Trade and Resources: The Heckscher-Ohlin Model

... The ability to transport machines across borders meant that they did not look to differences in technologies across countries as the reason for trade, as Ricardo had done. Instead, they assumed that technologies were the same across countries, and they used the uneven distribution of resources acros ...
Creating an Environment for Growth and Prosperity (15th ed.)
Creating an Environment for Growth and Prosperity (15th ed.)

... methods is a driving force of economic growth. • Technological improvement is scientific discovery while innovation is its practical application and dissemination. • Each of these play a role in the development of improved products and better ways of doing things. • Schumpeter referred to this proce ...
PDF
PDF

... One of the most striking empirical features in urban economics is the large difference in urban concentration across countries. In Austria, for example, about 20 percent of the total population live in the nation's largest city, Vienna, while in neighboring Switzerland, the comparable ratio is consi ...
THE EFFECT OF TRADE OPENNESS AND INCOME ON
THE EFFECT OF TRADE OPENNESS AND INCOME ON

... and, finally, economic development and technological progress cause a government to be more involved in the economy on efficiency grounds. Several versions of Wagner’s hypothesis are developed in order to examine the relationship between well-being and government size. Although a detailed review of t ...
Competition Policy in Small Distant Open Economies
Competition Policy in Small Distant Open Economies

... New Zealand is a small open economy that is remote from all major markets. The smallness and remoteness of New Zealand combine to imply that this country has, at least quantitatively, distinctive features for the regulation of economic activity by competition law. The isolation and small size of the ...
Democracy and economic growth in an interdependent world
Democracy and economic growth in an interdependent world

... In view of the above the main objective of this paper is to study the nature and extent of cross-country growth interdependence which is hypothesized to be determined by ‘democratic distance’ among countries. The goal is to allow democratic proximity (representing cohesive factor), irrespective of g ...
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Protectionism

Protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services produced domestically.This policy contrasts with free trade, where government barriers to trade are kept to a minimum. In recent years, protectionism has become closely aligned with anti-globalization and anti-immigration. The term is mostly used in the context of economics, where protectionism refers to policies or doctrines which protect businesses and workers within a country by restricting or regulating trade with foreign nations.
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