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Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10003798394
Persistent link: https://www.econbiz.de/10010439825
This Working Paper summarises the main findings and recommendations of the pilot study carried out in Costa Rica as part of the development of the total official support for sustainable development (TOSSD) measurement framework. The Paper includes first approximations of TOSSD flows to Costa...
Persistent link: https://www.econbiz.de/10012136985
Climate change is the most complex challenge that humankind has had to face in recent times. With each successive generation, redressing the imbalance will be more difficult. Diverse and complex requirements of maintaining life on Earth, collectively called the environment, can be caused both by...
Persistent link: https://www.econbiz.de/10010796505
Climate change is the most complex challenge that humankind has had to face in recent times. With each successive generation, redressing the imbalance will be more difficult. Diverse and complex requirements of maintaining life on Earth, collectively called the environment, can be caused both by...
Persistent link: https://www.econbiz.de/10010575957
This article deals with interesting oscillation pattern in electricity prices during the period of EU electric power supply liberalization process, its transition from infrastructure to market activity and during last economic crisis, when at first prices declined significantly, to be raised...
Persistent link: https://www.econbiz.de/10010640675
Dick Sabot, an active member of CGD's founding Board of Directors, was finishing this paper when he died suddenly on July 6 of 2005. The paper highlights the risks to developing countries posed by the growing U.S. external deficit and describes three possible scenarios. In the first, the US...
Persistent link: https://www.econbiz.de/10014050873
One of the most outstanding features of the trend toward globalization has been the increased importance of foreign direct investment (FDI) flows around the world. This study estimates the determinant of FDI flows using the gravity equation, controlling for the importance of both the traditional...
Persistent link: https://www.econbiz.de/10013037344
In the essay, we show how the preference of political elites for special status and power translates to an institutional structure that not only maximizes their relative share of social wealth through predation but ensure they keep as wide as possible the gap between actual development and...
Persistent link: https://www.econbiz.de/10012983332
This chapter develops a theory of the evolution of international income levels. In particular, it augments the Hansen–Prescott theory of economic development with the Parente–Prescott theory of relative efficiencies and shows that the unified theory accounts for the evolution of...
Persistent link: https://www.econbiz.de/10014023766