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Fear of Service Outsourcing : Is it Justified?

Amiti, Mary - 2004

The recent media and political attention on service outsourcing from developed to developing countries gives the … impression that outsourcing is exploding. As a result, workers in industrial countries are anxious about job losses. This paper … aims to establish what are the hypes and what are the facts. The results show that although service outsourcing has been …

Persistent link: https://www.econbiz.de/10014402045

Fair and inclusive markets : why dynamism matters

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained growth and low market income inequality are characterized by dynamism-a drive...

Persistent link: https://www.econbiz.de/10012517949

Drivers of Spain's export performance and the role of labor market reforms

Salas, Jorge - 2018

after the crisis; and competitiveness gains, reflecting in part changes in the labor market following structural reforms …

Persistent link: https://www.econbiz.de/10011978685

Global value chains : what are the benefits and why do countries participate?

Ignatenko, Anna; Raei, Faezeh; Mircheva, Borislava - 2019

Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic...

Persistent link: https://www.econbiz.de/10012001583

Tracking Global Demand for Emerging Market Sovereign Debt

Arslanalp, Serkan - 2014

This paper proposes an approach to track US$1 trillion of emerging market government debt held by foreign investors in local and hard currency, based on a similar approach that was used for advanced economies (Arslanalp and Tsuda, 2012). The estimates are constructed on a quarterly basis from...

Persistent link: https://www.econbiz.de/10014411133

Testing the Neoclassical Theory of Economic Growth : A Panel Data Approach

Knight, Malcolm Donald - 1992

Several recent empirical studies have examined determinants of economic growth using country average (cross-section) data. In contrast, this paper employs a technique for using a panel of both cross-section and time-series data for 98 industrial and developing countries over 1960-85 to determine...

Persistent link: https://www.econbiz.de/10014395840

Foreign Exchange Risk Regulation : Issues for Industrial and Developing Countries

Hartmann, Philipp - 1994

Capital adequacy regulations or quantity restrictions on bank portfolios put forward by the Basle Committee on Banking Supervision have virtually become an international standard of prudential regulation. Recent proposals aim at extending this approach to market risks, in particular to foreign...

Persistent link: https://www.econbiz.de/10014395873

Transmission of the Effects of the Fiscal Deficit in Industrial Countries to the Fiscal Deficit of the Developing Countries

International Monetary Fund - 1988

The paper shows that an increase in the aggregate fiscal deficit of the industrial countries may worsen the economic growth and fiscal balance of the developing countries that are burdened with external debt and facing current account constraints. The discussion is based on theoretical analysis...

Persistent link: https://www.econbiz.de/10014396075

Have North-South Growth Linkages Changed?

Hoffmaister, Alexander W. - 1996

This paper provides preliminary econometric evidence suggesting that the traditional trade-based business cycle linkages between the North and the South have changed. Many countries in the South, in particular in Asia, appear to have become more resilient to cyclical movements in the North, and...

Persistent link: https://www.econbiz.de/10014396209

What Determines the Current Account? : A Cross-Sectional and Panel Approach

Faruqee, Hamid - 1996

This paper uses cross-section and panel data to examine the determinants of the current account. The empirics find a significant impact of the stage of development and demographic factors in the cross section. Estimating partial-adjustment and error-correction models using panel data, the paper...

Persistent link: https://www.econbiz.de/10014396500