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scarcity of saving in LATAM, thereby increasing investment and growth. Yet, the data and several case studies suggest that the … savings and investments were taxed in an arbitrary and unpredictable way, the credibility of a new regime could not be assumed … saving and investment rates tends to be a time consuming process. This also suggests that greater political instability and …
Persistent link: https://www.econbiz.de/10012467540
' associated with increasing the financing share of foreign savings. In fact, the evidence suggests the opposite: throughout the …
Persistent link: https://www.econbiz.de/10012468068
Chinese economy, including its unusually low labor share and unusually high saving and investment rates. Interestingly, the …
Persistent link: https://www.econbiz.de/10012459000
region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment … growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India … and Vietnam. <br> <br>To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment …
Persistent link: https://www.econbiz.de/10012463480
This essay discusses the reasons for and implications of the decline in real interest rates around the world over the past several decades. It suggests that the decline in interest rates is largely explicable from trends in saving, growth, and markups. In this environment, greater government...
Persistent link: https://www.econbiz.de/10013210052
Did independence push Latin America down a growth-inequality trade-off? During the late colonial decades, the region completed two centuries of growth unmatched anywhere and inequality reached spectacular heights. During the half century after insurgency and independence, inequality fell steeply...
Persistent link: https://www.econbiz.de/10012462972
rates Africa would have enjoyed if these key determinants had taken OECD rather than African values. Expensive investment …
Persistent link: https://www.econbiz.de/10012468832
and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …
Persistent link: https://www.econbiz.de/10012471762
We document regularities in the distribution of relative incomes and patterns of investment in countries and over time …. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment … slowest growing countries in the model have growth rates and investment-output ratios similar to those in the data. In both …
Persistent link: https://www.econbiz.de/10012473450
politico-economic environment, reduces investment. As a consequence, income inequality and investment are inversely related …. Since investment is a primary engine of growth, this paper identifies a channel for an inverse relationship between income … are investment and an index of socio-political instability. Our results are robust to sensitivity analysis on the …
Persistent link: https://www.econbiz.de/10012474459