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Growth Accelerations and Reversals in Emerging Market and Developing Economies : The Role of External Conditions

Gruss, Bertrand - 2018

This paper investigates how country-specific external demand, external financial conditions,and terms of trade affect medium-term growth in Emerging Market and DevelopingEconomies and the occurrence of growth accelerations and reversals. The importance ofcountry-specific external conditions for...

Persistent link: https://www.econbiz.de/10012922632

Domestic Amplifiers of External Shocks : Growth Accelerations and Reversals in Emerging Market and Developing Economies

Gruss, Bertrand - 2019

External conditions have been found to influence the tendency of emerging market and developing economies to experience episodes of growth accelerations and reversals. In this paper we study the role of domestic policies and other structural attributes in amplifying or mitigating the effect that...

Persistent link: https://www.econbiz.de/10012866906

When is Growth Pro-Poor? Cross-Country Evidence

Kraay, Aart - 2006

Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth …: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a … poverty-reducing pattern of growth in relative incomes. I empirically decompose changes in poverty in a large sample of …

Persistent link: https://www.econbiz.de/10012783215

How Much Do Trading Partners Matter for Economic Growth?

Arora, Vivek B. - 2006

This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner economies. Panel estimation results based on four decades of data for over 100 countries show that trading partners' growth and relative income levels have a strong effect on...

Persistent link: https://www.econbiz.de/10012783228

Inequality, Poverty, and Growth : Cross-Country Evidence

Iradian, Garbis - 2021

, inequality, and government spending on poverty reduction. A new panel dataset has been assembled on inequality and poverty that …

Persistent link: https://www.econbiz.de/10013318088

Financial Resource Curse in Resource-Rich Countries

Mlachila, Montfort - 2017

Why do commodity-dependent developing countries have typically lower levels of financial development than their peers? The literature has proposed many possible explanations, but it typically does not dwell on the deep mechanisms that drive such an outcome. In this paper, we argue that the main...

Persistent link: https://www.econbiz.de/10012950378

Growth at Risk : Concept and Application in IMF Country Surveillance

Prasad, A. - 2019

The growth-at-risk (GaR) framework links current macrofinancial conditions to the distribution of future growth. Its main strength is its ability to assess the entire distribution of future GDP growth (in contrast to point forecasts), quantify macrofinancial risks in terms of growth, and monitor...

Persistent link: https://www.econbiz.de/10012889156

Fiscal Stabilization and Growth : Evidence from Industry-Level Data for Advanced and Developing Economies

Choi, Sangyup - 2018

Medium-term growth can be enhanced by fiscal stabilization. However, to date, no systematic effort has been made to study the specific channels through which fiscal stabilization affects growth. This paper examines the effect of fiscal stabilization on industrial growth and how this effect...

Persistent link: https://www.econbiz.de/10012924260

Shadow Economies Around the World : What Did We Learn Over the Last 20 Years?

Medina, Leandro - 2018

shadow economy. New results on the shadow economy for 158 countries all over the world are presented over 1991 to 2015 …

Persistent link: https://www.econbiz.de/10012927456

Increasing Productivity Growth in Middle Income Countries

Abdychev, Aidar - 2015

Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in recent years. Although factor accumulation, most notably capital deepening, was crucial to the success of many SMICs historically, this growth model appears to have run its course....

Persistent link: https://www.econbiz.de/10013028660