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Trends and patterns of growth, development, achievements of China and India : a comparative analysis

Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2016

given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained … unprecedented growth and economic development-PRC and India became the second and fourth largest economies of the world … from US$341 in 1990 to US$4,421 in 2010 whereas India posted a four times growth from US$384 in 1990 to US$1,342 in 2010 …

Persistent link: https://www.econbiz.de/10011444894

Determinants of global value chain participation : cross-country evidence

Fernandes, Ana Margarida; Kee, Hiau Looi; Winkler, Deborah - 2020

The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...

Persistent link: https://www.econbiz.de/10012213059

Institutional framework and poverty : a transition economy perspective

Ahsan, Syed M. - 2001

This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were convinced that higher growth would reduce income poverty to...

Persistent link: https://www.econbiz.de/10011400868

Global engagement and returns volatility

Girma, Sourafel; Lancheros, Sandra; Riaño, Alejandro - 2015

This paper uses high-frequency data for publicly-listed Japanese manufacturing firms over the period 2000 to 2010 to show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two margins of global engagement we consider, namely,...

Persistent link: https://www.econbiz.de/10011405146

Can investments in emerging markets help to solve the aging problem?

Holzmann, Robert - 2000

Prefunding of pension commitments in OECD economies is increasingly seen as a central strategy to cope with the aging of their populations. This paper argues that investments in emerging markets can help at the margin but are unable to solve the demographic problem. While these investments bring...

Persistent link: https://www.econbiz.de/10009781581

Trade liberalization and local development in India : evidence from nighttime lights

Jha, Priyaranjan; Talathi, Karan - 2023

We study the impact of the Indian trade liberalization of 1991 on development at the district level using satellite nighttime lights per capita as a proxy for development. We find that on average trade liberalization increased nighttime lights per capita but there was considerable heterogeneity...

Persistent link: https://www.econbiz.de/10013555727

Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economies

Nam, Chang-woon - 2002

The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs Hong Kong, Korea, Singapore and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered by...

Persistent link: https://www.econbiz.de/10011409015

Corporate Social Responsibility along the global value chain

Herkenhoff, Philipp; Krautheim, Sebastian; Semrau, Finn Ole - 2021

Firms are under increasing pressure to meet stakeholders’ demand for Corporate Social Responsibility (CSR) along their global value chains. We study the incentives for and investments in CSR at different stages of the production process. We analyze a model of sequential production with...

Persistent link: https://www.econbiz.de/10012796989

Credit market imperfections in middle income countries

Tornell, Aaron; Westermann, Frank - 2003

In this paper we document three credit market imperfections prevalent in middle income countries that can help to explain boom-bust cycles, as well as other macroeconomic patterns observed at higher frequencies across these countries. These imperfections are: the existence of financing...

Persistent link: https://www.econbiz.de/10011507971

Home bank intermediation of foreign direct investment

Poelhekke, Steven - 2011

This paper investigates the benefits of banks' direct investment in foreign subsidiaries and branches for non-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host countries, rather than for its international...

Persistent link: https://www.econbiz.de/10009153880

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