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This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008–09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...
Persistent link: https://www.econbiz.de/10012823367
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
world without antimicrobial resistance, the losses during 2015?50 may sum to $85 trillion in gross domestic product and $23 …
Persistent link: https://www.econbiz.de/10012933437
The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices, and reductions in investment, trade, migration and remittances. For most low-income countries, shocks that affect food prices or wage...
Persistent link: https://www.econbiz.de/10012976362
than domestic U.S. funds and world funds. When investigating abroad, U.S. mutual funds invest more in equity than in bonds …. World funds invest mainly in developed nations (Canada, Europe, Japan, and the United States). Ten percent of their …
Persistent link: https://www.econbiz.de/10012946753
Using micro-level data on mutual funds from different financial centers investing in equity and bonds, this paper analyzes how investors and managers behave and transmit shocks across countries. The paper shows that the volatility of mutual fund investments is quantitatively driven by investors...
Persistent link: https://www.econbiz.de/10012975229
This paper studies how portfolios with a global investment scope are allocated internationally using a unique micro dataset on U.S. equity mutual funds. While mutual funds have great flexibility to invest globally, they invest in a surprisingly limited number of stocks, around 100. The number of...
Persistent link: https://www.econbiz.de/10012976213
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …
Persistent link: https://www.econbiz.de/10013068213
The information and communications technology sector has undergone a dynamic process of globalization and fragmentation …, Organisation for Economic Co-operation and Development, World Trade Organization, Government of Vietnam, and Vietnamese industry …
Persistent link: https://www.econbiz.de/10012966999
of elderly in the world, and below-replacement fertility rates since at least the 1980s. The typology helps identify … development policy priorities for countries in different stages of demographic transition, and opportunities through globalization …
Persistent link: https://www.econbiz.de/10012967334