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Economic Globalisation and Africa's Quest for Greener and More Inclusive Growth : The Missing Link

Ofori, Isaac Kwesi; Freytag, Andreas; Asongu, Simplice - 2023

inclusive green growth (IGG) relationship in Africa. Based on macro data for 22 African countries and the Driscoll …-Kraay standard errors with fixed effects instrumental variable regression, the following findings are established. First, Africa … threshold analysis suggests that by improving Africa’s mostly unfree economic architecture to 60% (moderately free) or 80% (free …

Persistent link: https://www.econbiz.de/10014347989

Interjurisdictional linkages and the scope for interventionist legal harmonization

Baniak, Andrzej; Grajzl, Peter - 2010

interdependence - the hallmark of globalization - per se does not justify interventionist harmonization unless increased …

Persistent link: https://www.econbiz.de/10010270515

Corruption and Access to Socio-Economic Services in Africa

Freytag, Andreas; Riaz, Muhammad Faraz - 2021

Corruption is one of the world’s most widespread political problems. It can be found on international, national and sub-national level. Access to education and other socio-economic services is of utmost importance for all humans. It is still not exclusively based on merit, but often rather...

Persistent link: https://www.econbiz.de/10013246910

Drivers of Large Recessions and Monetary Policy Responses

Melina, Giovanni; Villa, Stefania - 2023

Shocks to capital utilization are introduced in a structural macroeconomic closed-economy model with financial frictions to capture disruptions on the ability of the capital stock to provide capital services used in production. Estimates for the Euro Area and the United States show that these...

Persistent link: https://www.econbiz.de/10014345602

Running the U.S. Economy at Full Throttle Is a Stressful Variant of Capitalism

Komlos, John - 2022

turbulence of adjusting to a knowledge economy, by the downward social mobility of millions disadvantaged by globalization, and …

Persistent link: https://www.econbiz.de/10013427752

Globalization and the rise of mega-cities in the developing world

van der Ploeg, Frederick; Poelhekke, Steven - 2008

Thomas Friedman has argued in The World is Flat that those who deny rapid globalization will not survive in the global … economy. First, we critically discuss Friedman's views and highlight the new globalization driven by outsourcing and vertical …

Persistent link: https://www.econbiz.de/10010276217

Globally Engaged Firms in the COVID-19 Crisis

Constantinescu, Cristina; Fernandes, Ana Margarida; … - 2022

This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...

Persistent link: https://www.econbiz.de/10013291442

Roots of Inequality

Galor, Oded; Klemp, Marc; Wainstock, Daniel C. - 2023

can be attributed to variation in societal interpersonal diversity, shaped during the prehistoric Out-of-Africa Migration … degree of diversity of their ancestral populations as was carved in the course of the dispersal of humanity from Africa. …

Persistent link: https://www.econbiz.de/10014377470

The Power of a Diverse Mindset in Shaping Prosperity

Galor, Oded; Klemp, Marc; Wainstock, Daniel C. - 2024

Research spanning various disciplines underscores the significance of cultural diversity in facilitating cross-pollination of ideas, while diminishing social cohesiveness. Yet, the exploration of the impact of an equally intriguing dimension of diversity has remained uncharted: has the...

Persistent link: https://www.econbiz.de/10014534341

Subjective Well-Being and Income: Is there any Evidence of Satiation?

Stevenson, Betsey; Wolfers, Justin - 2013

Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...

Persistent link: https://www.econbiz.de/10010293982