circumstances under which international financial integration (IFI) is growth-enhancing. Relying on non-linear dynamic panel … being systematically less restricting for the former and growth effects significantly larger. …

for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the … presumed growth benefits of financial integration. Indeed, a new literature proposes that the indirect benefits of financial …

whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find … that there is a positive correlation between current account balances and growth among nonindustrial countries, implying … that a reduced reliance on foreign capital is associated with higher growth. This result is weaker when we use panel data …

annual growth rate of the real wage in the manufacturing sector increases by a factor of seven. No such increase occurs in a … control group of developing countries. The temporary increase in the growth rate of the real wage permanently drives up the … quarter of their annual pre-liberalization salary. The increase in the growth rate of labor productivity in the aftermath of …

China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …. Notwithstanding the inefficient and risky growth model, the government has maneuvered the economy around various stresses without any … growth is key to maintaining reasonable GDP growth. Unbalanced reforms, a schizophrenic approach to the role of the market …

The new growth literature, using both endogenous growth and neoclassical models, has generated strong claims for the … effect of national policies on economic growth. Empirical work on policies and growth has tended to confirm these claims … inconsistent with several stylized facts and seem to depend on extreme observations in growth regressions. More modest effects of …

in domestic economic growth influence episodes caused by foreigners. We find little role for capital controls in reducing …

Using unique, district-level, economic growth data, I investigate the connection between banking sector development …, human capital, and economic growth in Indian districts. Disaggregate data helps avoid many of the omitted variable problems … percentile of credit/net domestic product to the 25th percentile implies an average loss of 4% in growth over the 1990s decade …