Showing 1 - 10 of 191
levels; more competitive real exchange rates; and better structural reforms and institutions. The chances of starting a …
Persistent link: https://www.econbiz.de/10011242243
This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African … a general direct robust link between trade and capital account openness and financial development in SSA, once we … important for financial development in countries with better institutional quality. The findings might be due to a number of …
Persistent link: https://www.econbiz.de/10010790350
This paper reviews major issues involved in achieving the objectives of the New Partnership for Africa's Development … sound basis for monitoring progress, to prepare contingency plans, and to harmonize the role of regional institutions with …
Persistent link: https://www.econbiz.de/10005768860
This paper analyzes developments in the structure of trade in the Commonwealth of Independent States (CIS) during the transition decade, and finds that it changed less than in other transition economies. Trade openness of the CIS increased between 1993 and 1997, but has fallen to a lower-level...
Persistent link: https://www.econbiz.de/10005604992
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly...
Persistent link: https://www.econbiz.de/10005605423
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income … levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions … "trumps" everything else. Controlling for institutions, geography have at best weak direct effects on incomes, although it has …
Persistent link: https://www.econbiz.de/10005826539
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
Persistent link: https://www.econbiz.de/10011242206
probability of stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away … from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward … and sustain such a convergence toward the level of more prosperous economies. …
Persistent link: https://www.econbiz.de/10011242319
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined business confidence, affected tourist arrivals, and...
Persistent link: https://www.econbiz.de/10011142081
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960–2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic,...
Persistent link: https://www.econbiz.de/10011242246