Showing 1 - 10 of 12
development, it is not sufficient. Both trade and foreign direct investment create innovation assymetries hindering lagging … including a dynamic human development trap, endogenous technological change, technology transfer and trade. Divergent and … convergent steady states, with and without a human development trap, exist under both autarchy and free trade. The model explains …
Persistent link: https://www.econbiz.de/10005001378
. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and … potential. In future, these countries could also provide resources for investment and technologies for productivity. The …
Persistent link: https://www.econbiz.de/10005033242
This paper reviews the experience of a heterogeneous group of developing countries in maintaining macroeconomic stability in the face of heavy capital flows.
Persistent link: https://www.econbiz.de/10005475014
The emergence of a select group of developing countries as destinations for private portfolio investments in the 1990s (and the subsequent peso crisis in Mexico in 1994) has rekindled the old issues about the responsabilities and capacities public authorities have with regard to managing the...
Persistent link: https://www.econbiz.de/10005625523
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and competition. Combined with high transport costs, essential inputs become prohibitively expensive. Breaking the coordination problem requires pio
Persistent link: https://www.econbiz.de/10010854445
After the Second World War, Mozambique went through a series of transformations, from an incipient industrializing colonial society to an independent country with a central planned economy, plus a regional and internal war, and finally from 1994 onwards,
Persistent link: https://www.econbiz.de/10010854546
political or bureaucratic power on farmers. agricultural investment decisions. Our main result is that households significantly … increase their investment in land improvement as a result of relatives moving into public office. Connections to office holders … appear to be important for investment because they strengthen de facto land property rights and improve access to off …
Persistent link: https://www.econbiz.de/10009194520
Persistent link: https://www.econbiz.de/10005001232
This paper challenges the idea that farmers revert to subsistence farming when confronted with violence from civil war. Macro-economic evidence on economic legacies of civil war suggests that civil wars, while obviously disastrous in the short run, do not
Persistent link: https://www.econbiz.de/10008493682
benefit from globalization. This paper focuses on one aspect of globalization ? the liberalization of investment policies …, liberalization has a significant and positive effect on investment. Second, liberalization does not have a direct impact on … multinational employment. By increasing investment and employment from multinational firms, these liberalization programmes …
Persistent link: https://www.econbiz.de/10005033162