nep-fdg New Economics Papers
on Financial Development and Growth
Issue of 2013‒05‒22
nine papers chosen by
Iulia Igescu
Global Insight, GmbH

  1. Liberia : Inclusive Growth Diagnostics By World Bank
  2. Bangladesh - Towards Accelerated, Inclusive and Sustainable Growth : Opportunities and Challenges, Volume 2. Main Report By World Bank
  3. Uganda - Promoting Inclusive Growth : Transforming Farms, Human Capital, and Economic Geography, Synthesis Report By World Bank
  4. Using Lebanon's Large Capital Inflows to Foster Sustainable Long-Term Growth By World Bank
  5. Belarus Country Economic Memorandum : Eeconomic Transformation for Growth By World Bank
  6. History’s a curse: leapfrogging, growth breaks and growth reversals under international borrowing without commitment. By Boucekkine, Raouf
  7. Natural Capital and the Resource Curse By Otaviano Canuto; Matheus Cavallari
  8. Public Expenditure Review for Peru : Spending for Results By World Bank
  9. Ukraine : Public Financial Management Performance Report By World Bank

  1. By: World Bank
    Keywords: Macroeconomics and Economic Growth - Economic Growth Banks and Banking Reform Economic Theory and Research Poverty Reduction - Achieving Shared Growth Governance - Governance Indicators Finance and Financial Sector Development
    Date: 2012–02
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:12609&r=fdg
  2. By: World Bank
    Keywords: Poverty Reduction - Achieving Shared Growth Macroeconomics and Economic Growth - Economic Theory & Research Private Sector Development - Emerging Markets Finance and Financial Sector Development - Debt Markets Macroeconomics and Economic Growth - Economic Growth
    Date: 2012–06
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:12121&r=fdg
  3. By: World Bank
    Keywords: Poverty Reduction - Rural Poverty Reduction Economic Theory and Research Macroeconomics and Economic Growth - Regional Economic Development Poverty Reduction - Achieving Shared Growth
    Date: 2012–02
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:12655&r=fdg
  4. By: World Bank
    Keywords: Finance and Financial Sector Development - Debt Markets Finance and Financial Sector Development - Banks & Banking Reform Private Sector Development - Emerging Markets Finance and Financial Sector Development - Currencies and Exchange Rates Macroeconomics and Economic Growth - Economic Theory & Research
    Date: 2012–01
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:2727&r=fdg
  5. By: World Bank
    Keywords: Social Protections and Labor - Labor Policies Banks and Banking Reform Finance and Financial Sector Development - Debt Markets Economic Theory and Research Environmental Economics and Policies Macroeconomics and Economic Growth Environment
    Date: 2012–04
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:12663&r=fdg
  6. By: Boucekkine, Raouf
    Abstract: A simple open-economy AK model with collateral constraints accounts for growth breaks and growth-reversal episodes, during which countries face abrupt changes in their growth rate that may lead to either growth miracles or growth disasters. Absent commitment to investment by the borrowing country, imperfect contract enforcement leads to an informational lag such that the debt contracted upon today depends upon the past stock of capital. The no-commitment delay originates a history effect by which the richer a country has been in the past, the more it can borrow today. For (arbitrarily) small delays, the history effect offsets the growth benefits from international borrowing and dampens growth, and it leads to both leapfrogging in long-run levels and growth breaks. When large enough, the history effect originates growth reversals and we connect the latter to leapfrogging. Finally, we argue that the model accords with the reported evidence on changes in the growth rate at break dates. We also provide examples showing that leapfrogging and growth reversals may coexist, so that currently poor but fast-growing countries experiencing sharp growth reversals may end up, in the long-run, significantly richer than currently rich but declining countries.
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:ner:louvai:info:hdl:2078.1/118044&r=fdg
  7. By: Otaviano Canuto; Matheus Cavallari
    Keywords: Macroeconomics and Economic Growth - Investment and Investment Climate Macroeconomics and Economic Growth - Economic Conditions and Volatility Banks and Banking Reform Economic Theory and Research Private Sector Development - Emerging Markets Finance and Financial Sector Development
    Date: 2012–05
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:10042&r=fdg
  8. By: World Bank
    Keywords: Public Sector Economics Public Sector Management and Reform Macroeconomics and Economic Growth - Subnational Economic Development Public Sector Expenditure Policy Finance and Financial Sector Development - Debt Markets Public Sector Development
    Date: 2012–06
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:13253&r=fdg
  9. By: World Bank
    Keywords: Public Sector Economics Macroeconomics and Economic Growth - Subnational Economic Development Public Sector Expenditure Policy Finance and Financial Sector Development - Debt Markets Banks & Banking Reform Public Sector Development
    Date: 2012–07
    URL: http://d.repec.org/n?u=RePEc:wbk:wboper:11898&r=fdg

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