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Measuring the Share of Labour in GDP
Michael Grömling, World Economics, December 2017
There is a view that increasing inequalities in advanced economies are responsible for growth problems and political polarisation. A new impetus has .. More
Measuring GDP in Fragile States
Barbro Hexeberg & Jose Pablo Valdes Martinez, World Economics, December 2017
Gross Domestic Product (GDP) is central to measuring economic performance and productivity, and monitoring fiscal and monetary policies, as well as ch.. More
Analysis of Revisions in Indian GDP Data
Amey Sapre & Rajeswari Sengupta, World Economics, December 2017
This paper studies constant price growth estimates of India’s annual GDP data in order to understand the revision policy adopted by the Central Statis.. More
The Globalisation of Corporate Governance and Implications for African Corporates in a Changing Regulatory Landscape
Hippolyte Fofack, World Economics, December 2017
Adopting global corporate governance standards remains a challenge for most corporates in developed and developing economies, but shareholder capitali.. More
Measuring the Success of Industrial Policy in Australia
Andrew Marks, World Economics, December 2016
Industry policy in the context of trade liberalization has played a critical reinforcing role in re-orienting production in the Australian manufacturi.. More
Institutions, Economic Growth and Development: A Conversation with Nobel Laureate Douglass North
Brian Snowdon, World Economics, December 2016
This paper is based on the transcript of an interview made by Professor Brian Snowdon with the late Douglass North, Noble Laureate who died in 2015. N.. More
Implications of Illicit Financial Outflows for Macro-economic Management and Development Effectiveness in Africa
Hippolyte Fofack, World Economics, December 2016
In Africa, a persistent rise in illicit financial outflows has compounded macroeconomic management challenges and heightened the risks of recurrent ba.. More
The Unstoppable Economic Rise of Asia
Brian Sturgess, World Economics, September 2017
The Asia-Pacific region is set to remain the world’s economic powerhouse in terms of economic growth for the next few decades. In value terms, Asian G.. More
Estimating the Impact of Foreign Trade on GDP Growth in Sweden
Manuchehr Irandoust, World Economics, September 2017
This paper uses historic economic data to review Swedish foreign trade and industrial policy over the period 1800–2000. The long-term causal relations.. More
Assessing the G20’s Mutual Assessment Process: A MAP but Little Direction
Graham Bird, World Economics, June 2017
After the global economic and financial crisis, the G20 has tried to orchestrate an internationally coordinated approach to economic recovery. In lat.. More
How to Reconcile Democracy, the State and the Global Market
Giovanni Farese & Paolo Savona, World Economics, June 2017
Nation states were the vehicle for market capitalism, but global market capitalism has freed itself from regulations imposed by nation states. A trile.. More
Building a New Testable Model to Estimate Total Factor Productivity
Andrew Smithers, World Economics, June 2017
A new model to measure Total Factor Productivity free from the flaws which exist in previous models; appropriate data are used to test it. The model d.. More
Double Deflation Casts Doubt on Existing GDP Data
Brian Sturgess, World Economics, June 2017
Increasingly, national income statisticians, the specialists involved in producing real national income figures, and the users of those figures are li.. More
Neglect Private Debt at the Economy’s Peril?
Leslie Manison & Savvakis Savvides, World Economics, March 2017
The role of private debt as a cause of financial crises and prolonged recessions is often neglected. In Cyprus policy concern has focused on governmen.. More
Measuring the Impact of Agricultural Finance on Rural Inequality: Evidence from Egypt
Heba El-Laithy, Ahmed Rostom and Lamia Donia, World Economics, March 2017
Evidence suggests that financial development and improved access to credit not only accelerates economic growth, but also reduces household poverty an.. More
Latin America: From Recovery To Slowdown
José De Gregorio, World Economics, December 2015
Economic performance in Latin America has been disappointing. After a successful recovery from the global financial crisis, growth in 2014 was in mos.. More
Yin Yang Oil Prices and the Rise of African Economies: Policy Implications
Hippolyte Fofack, World Economics, December 2015
African oil exporters have been hard hit by the sustained decline in international oil prices. African oil importers are seeing dramatically lower oil.. More
Has Excessive Public Debt Slowed World Growth?
Anthony J. Makin, World Economics, December 2015
This paper contends that worldwide fiscal excess, as embodied in heightened public debt levels, is central to understanding why global growth has been.. More
Japan’s Monetary Policy Misadventure
Masanaga Kumakura, World Economics, June 2016
This paper argues that the Bank of Japan’s decision in April 2013 to formally adopt inflation targeting as the framework of its monetary policy and to.. More
The Paris Climate Agreement heightens development challenges in Africa
Hippolyte Fofack, World Economics, June 2016
Although the Paris Agreement lacks a binding mechanism for capping carbon emissions, and a legally binding financial commitment to support climate cha.. More
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