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Protectionism and economic growth : causal evidence from the first era of globalization
Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2020
We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We employ the...
Persistent link: https://www.econbiz.de/10012387616
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Protectionism and economic growth : causal evidence from the first era of globalization
Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2021
We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We...
Persistent link: https://www.econbiz.de/10013337792
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Zero-Sum Thinking, the Evolution of Effort-Suppressing Beliefs, and Economic Development
Carvalho, Jean-Paul; Bergeron, Augustin; Henrich, Joseph; … - National Bureau of Economic Research - 2023
-being. We test the model's predictions using data from two samples in the Democratic Republic of Congo and from the World Values …
Persistent link: https://www.econbiz.de/10014372420
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China, India, Brazil and South Africa in the world economy : engines of growth?
Nayyar, Deepak - 2008
developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on … world economy. The answer is that rapid growth in China already supports growth elsewhere, so far primarily as a market for … beginning to change the balance of economic power in the world. -- China ; India ; Brazil ; South Africa ; growth ; development …
Persistent link: https://www.econbiz.de/10009011707
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China, India, Brazil and South Africa in the world economy : engines for growth?
Nayyar, Deepak - 2008
Persistent link: https://www.econbiz.de/10003747972
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Globalization and WTO : Impact on India’s Economic Growth and Export
Pandey, Alok Kumar - 2011
The roots of newly emerging forces of globalization exist in specific economic and political development in the late …, government of India introduced Structural Adjustment Programmes (SAPs) in July 1991. The World Trade Organization (WTO) which …
Persistent link: https://www.econbiz.de/10014186888
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The Impact of Globalisation on the Euro Area Macroeconomy
Anderton, Robert - 2009
The general acceleration of trade globalisation over the last decade - or a growing interdependence of economies via trade, production and financial market linkages - has engendered several macroeconomic implications for the euro area. This paper focuses on assessing the key impacts on the euro...
Persistent link: https://www.econbiz.de/10013157128
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Just Do it? An Assessment of Inflation Targeting in a Global Comparative Case Study
Duncan, Roberto; Martínez-García, Enrique; Toledo, … - 2022
This paper proposes new measures of the effectiveness of inflation targeting (IT) and evaluates its main drivers in a (large) sample of advanced economies (AEs) and emerging market and developing economies (EMDEs). Using synthetic control methods, we find that IT has heterogeneous effects on...
Persistent link: https://www.econbiz.de/10014238532
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Global Recessions
Kose, M. Ayhan - 2020
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 …, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by …
Persistent link: https://www.econbiz.de/10012841841
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Global recessions
Kose, M. Ayhan; Sugawara, Naotaka; Terrones, Marco E. - 2020
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 …, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by …
Persistent link: https://www.econbiz.de/10012159612