Showing 1 - 10 of 1,073
In the 3 years before the 2008 Financial Crisis, GDP growth in sub Saharan Africa (averaged over individual economies … small, portion of the elevated growth in sub Saharan Africa in the three years before the Financial Crisis and also in the …
Persistent link: https://www.econbiz.de/10013119043
Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments … poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …
Persistent link: https://www.econbiz.de/10013222904
Post WWII globalization forces are facing headwinds in the form of global crises-the “The Great Recession” and the “The … Pandemic Recession”. Israel’s trade and financial globalization, however, is steadily rising. The pandemic-induced slump in …. The paper provides an overview of the new globalization trends in the world and in Israel, with emphasis on the role of …
Persistent link: https://www.econbiz.de/10013250932
The global economy has been buffeted by several unprecedented economic events during the past 35 years. We survey the impact of these events on Israel's development, institutions, and economic policies. Israel had a remarkable development during this time, from a low income high-inflation...
Persistent link: https://www.econbiz.de/10012984097
income in the emerging market and in the industrialized country. Whereas trade globalization always has a positive effect on … the emerging market, financial globalization may not, especially when trade costs are high. For intermediate levels of …
Persistent link: https://www.econbiz.de/10013218441
The global imbalance explanation of the financial crisis of 2007-09 suggests that demand for riskless assets from countries with current account surpluses created fragility in countries with current account deficits, most notably, in the United States. We examine this explanation by analyzing...
Persistent link: https://www.econbiz.de/10013224410
The crises in Mexico, Thailand, and Russia in the 1990s spread quite rapidly to countries as far apart as South Africa …
Persistent link: https://www.econbiz.de/10013224423
indices of financial globalization' and evaluate the repercussions of turmoil in three emerging markets, which experienced …
Persistent link: https://www.econbiz.de/10013226155
We analyze the impact of financial globalization on asset prices, investment and the possibility of crashes driven by …
Persistent link: https://www.econbiz.de/10013227189
We identify the timing of currency, banking crises and sudden stops in New Zealand from 1880 to 2008, and consider the extent to which empirical models can explain New Zealand's crisis history. We find that the cross country evidence on the determinants of crises fits New Zealand experience...
Persistent link: https://www.econbiz.de/10013143168