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Publications (20)
Book Chapter
– Long-Run Country Income Dynamics in Africa
This chapter examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. We are primarily interested in examining how growth has affected mobility and the distribution of income among countries. We analyse changes in the cross-country income structure and convergence. We...
– Impacts, Prospects and Implications
The rise of China and India is rapidly reshaping the world economy, with far-reaching implication for every national and regional government, business community, and individual citizen. Arising from the UNU-WIDER research project 'Southern Engines of Global growth', this volume explores the...
Policy Brief
pdf
– China, India, Brazil and South Africa
This Policy Brief focuses on links between the developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China’s spectacular growth on developing economies and the rest of the world. The issues considered include changing...
China, India, Brazil, and South Africa are reshaping the world economy. These Southern Engines countries have experienced a dramatic transformation in their productive and trade capabilities, consequently turning into global super powers. The current age of globalization, in which the Southern...
Book Chapter
– Trajectories and Evolving Institutions
From the book:
Southern Engines of Global Growth
Book Chapter
– What Lessons Have Been Learnt since the East Asian Crisis in 1997/98?
From the book:
Southern Engines of Global Growth
Journal Article
– US FDI in Emerging Economies
Part of Journal Special Issue
FDI, Employment, and Growth in China and India
Working Paper
pdf
– Evidence from China and India
This paper examines the country specific effect of policy reform on infrastructure spending in China and India. In China we have examined how marketization and decentralization has affected the composition of provincial public expenditure and in the case of India we have examined the impact of...
Working Paper
pdf
– The Empirical Study of Brazil
Set in the context of the recent theoretical and policy debates on appropriate exchange rate regimes for emerging market economies in a world of free capital mobility, the paper attempts to present the case for an intermediate exchange rate regime, drawing on recent theoretical and empirical...
Working Paper
pdf
– US FDI in Emerging Economies
The paper investigates the impact of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the value of the local currency (a cheaper currency...
Working Paper
pdf
Static and dynamic gains from trade are the reasons why countries embark on the path of free trade, expecting this to promote industrialization and development. There is nothing, however, in the conventional theory of international trade that guarantees that these gains will materialize and even if...
Working Paper
pdf
– The Case of Brazil and the Czech Republic
The bulk of recent literature on foreign exchange interventions has overlooked the potential interdependencies that may exist between these operations and the conduct of monetary policy. This is the case even under inflation targeting and especially in emerging-market economies, because central...
Working Paper
pdf
– Long-Run Country Income Dynamics in Africa
This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. We are primarily interested in examining how growth has affected mobility and the distribution of income among countries. We analyse changes in the cross-country income structure and convergence. We...
Working Paper
pdf
– CIBS, Capital Flows, and Exchange Rates
This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and duration of capital flows of the countries on a policy...
Displaying 16 of 20 results