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Economic and social impacts of FDI in Central, East and Southeast Europe
Jovanović, Branimir; Hanzl-Weiss, Doris - 2022
This study assesses the economic and social impacts of foreign direct investment (FDI) in 17 economies in Central, East … and Southeast Europe (CESEE). More precisely, we investigate how different FDI inflows have affected various economic and … communism until 2020. We pay particular attention to FDI that originates from the EU, as well as FDI from Germany and Austria …
Persistent link: https://www.econbiz.de/10013455863
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Does wealth inequality matter for growth? : the effect of billionaire wealth, income distribution, and poverty
Bagchi, Sutirtha; Švejnar, Jan - 2013
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine's listing of billionaires and...
Persistent link: https://www.econbiz.de/10010211159
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New General Theory of Economic Development : Innovative Growth and Distribution
Lee, Yong-Shik - 2020
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707
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Can't we all be more like Scandinavians? : asymmetric growth and institutions in an Interdependent world
Acemoglu, Daron; Robinson, James Alan; Verdier, Thierry - 2012
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare to be higher in Scandinavian societies than in the United States. Why then does the United States not adopt Scandinavian-style institutions? More generally, in an interdependent...
Persistent link: https://www.econbiz.de/10012825884
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Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty
Bagchi, Sutirtha - 2015
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine's listing of billionaires and...
Persistent link: https://www.econbiz.de/10013036783
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Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty
Bagchi, Sutirtha - 2014
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine's listing of billionaires and...
Persistent link: https://www.econbiz.de/10013061938
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Does economic freedom boost growth for everyone?
Bergh, Andreas; Bjørnskov, Christian - 2019
While the association between economic freedom and long-run economic growth is well documented, the parallel research literature on the distributional consequences of economic freedom is full of conflicting findings. In this paper, we take a step towards reconciling the two literatures by...
Persistent link: https://www.econbiz.de/10012007087
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Capital flows and endogenous growth
Komarov, Evgenij - 2021 - This version: November 18, 2021
So-called "uphill capital flows", i.e. flows of physical capital from relatively poor to rich countries, are a new phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and physical capital to study the interaction of international...
Persistent link: https://www.econbiz.de/10012696550
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Bridging Africa's income inequality gap : how relevant is China's outward FDI to Africa?
Ofori, Isaac Kwesi; Dossou, Toyo Amegnonna Marcel; … - 2021
inflow of Chinese FDI to Africa matters for bridging the continent's marked income inequality gap, (ii) Africa …'s institutional fabric is effective in propelling Chinese FDI towards the equalisation of incomes in Africa, and (iii) there exist … relevant threshold levels required for the various governance dynamics to cause Chinese FDI to equalise incomes in Africa. Our …
Persistent link: https://www.econbiz.de/10012799903
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Bridging Africa’s Income Inequality Gap : How Relevant Is China’s Outward FDI to Africa?
Ofori, Isaac Kwesi; Dossou, Toyo; Asongu, Simplice; … - 2022
inflow of Chinese FDI to Africa matters for bridging the continent’s marked income inequality gap, (ii) Africa …’s institutional fabric is effective in propelling Chinese FDI towards the equalisation of incomes in Africa, and (iii) there exist … relevant threshold levels required for the various governance dynamics to cause Chinese FDI to equalise incomes in Africa. Our …
Persistent link: https://www.econbiz.de/10013298858