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Israel and the 1990-2015 Global Developments : Riding with the Global Flows and Weathering the Storms

Razin, Assaf - 2016

economy, all provided the Israeli economy with an entry "ticket" to the OECD; the 35-member group of the world advanced …The global economy has been buffeted by several unprecedented economic events during the past 35 years. We survey the … during this time, from a low income high-inflation developing economy in the 1970s, to a medium to high income stable …

Persistent link: https://www.econbiz.de/10012456112

Long-term effects of the Inca Road

Franco, Ana Paula; Galiani, Sebastián; Lavado, Pablo - National Bureau of Economic Research - 2021

The Inca Empire was the last of a long series of highly developed cultures in pre-colonial South America. It stretched across parts of the current territories of Argentina, Bolivia, Chile, Colombia, Ecuador and the whole of Peru. The Inca Road was its 30,000-kilometer-long transportation system....

Persistent link: https://www.econbiz.de/10012599269

Mauritius : African Success Story

Frankel, Jeffrey A. - 2010

What explains the success of Mauritius, a top performer among African countries? It has mostly followed growth-enhancing policies, which can in turn be attributed to sound institutions. But from where did the institutions come? Mauritius chose well around the time of independence in 1968, for...

Persistent link: https://www.econbiz.de/10012462088

The Monetary and Fiscal History of Brazil, 1960-2016

Ayres, Joao - 2019

Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the first oil shock (1973), but accelerated again afterward, reaching levels above 100 percent on average between 1980 and 1994. This last period coincided with severe balance of...

Persistent link: https://www.econbiz.de/10012479377

The Monetary and Fiscal History of Bolivia, 1960–2017

Kehoe, Timothy J. - 2019

After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth from 1960 to 1977. The rapid accumulation of debt due to persistent deficits and a fixed exchange rate policy during the 1970s...

Persistent link: https://www.econbiz.de/10012479478

The Struggle Towards Macroeconomic Stability : Analytical Essay

Razin, Assaf - 2019

This essay offers an economic-history perspective of the long struggle towards macroeconomic stability. The paper is a broad analytical overview of major exogenous shocks and shifts in macroeconomic policy and institutions in Israel since the 1977-1985 great inflation through the global...

Persistent link: https://www.econbiz.de/10012479766

Life Satisfaction and Quality of Development

Helliwell, John F. - 2008

This paper argues that measures of life satisfaction, now being collected annually by the Gallup World Poll in more than 130 countries, permit a much broader view of the quality and consequences of development than other common measures. While these data show the importance of conventionally...

Persistent link: https://www.econbiz.de/10012464140

Emergence and Persistence of Inefficient States

Acemoglu, Daron - 2006

Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...

Persistent link: https://www.econbiz.de/10012465912

Searching for Prosperity

Kremer, Michael - 2001

Quah's [1993a] transition matrix analysis of world income distribution based on annual data suggests an ergodic distribution with twin peaks at the rich and poor end of the distribution. Since the ergodic distribution is a highly non-linear function of the underlying transition matrix estimated...

Persistent link: https://www.econbiz.de/10012470474

Recent Developments in Macroeocnomics

Fischer, Stanley - 1987

This paper surveys much of modern macroeconomics. The focus is on the core macroeconomic issue, of the reasons for macroeconomic fluctuations and sometimes persistent unemployment. To provide continuity and perspective on how promising research leads of the past turned out, the paper starts by...

Persistent link: https://www.econbiz.de/10012476594