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Several developing economies witnessed a large number of systemic financial and currency crises since the 1980s which resulted in severe economic, social, and political problems. The devastating impact of the 1982 and 1994-95 Mexican crises, the 1997-98 Asian financial crisis, the 1998 Russian...
Persistent link: https://www.econbiz.de/10010271785
Empirical research on the determinants of international migration including the LDCs has so far neglected one important issue: the complex relationship of development and migration. Since the beginning of the 1990s several arguments have been discussed which hint at the possibility that progress...
Persistent link: https://www.econbiz.de/10010262276
This paper reviews the literature on incubators in developed and developing countries. We show that the concept of incubators has evolved in time according to market and firm needs. Contemporary successful incubators are profit-oriented, provide a wide range of services, focus more on intangible...
Persistent link: https://www.econbiz.de/10010273450
This paper provides empirical evidence that there is no absolute convergence between the GDP per capita of the developing countries since 1950. Relying upon recent econometric methodologies (nonstationary long-memory models, wavelet models and time-varying factor representation models), we show...
Persistent link: https://www.econbiz.de/10010288485
The role patents play for innovation is not clear, but patenting activity has increased in the last decades. This … article reviews the empirical evidence on traditional and novel roles of patents to assess their impacts on innovation in … developing countries. It shows that patents are not likely to support innovation in developing countries, even though their non …
Persistent link: https://www.econbiz.de/10010264960
investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead …. This is especially relevant for China, whose recent and foreseeable trends of investments in innovation are consistent with …
Persistent link: https://www.econbiz.de/10010266005
This article contributes to the literature on innovation and development by identifying the determinants of innovation … determinants of innovation to be different for industrialized and developing countries. This is supported by endogeneity tests …
Persistent link: https://www.econbiz.de/10010274491
This paper develops a model of the WTO dispute settlement process (DSP) to study the recent proposal by legal scholars to subsidize litigation costs. The high cost of litigation, so the argument, is a major obstacle for developing countries to using the DSP to enforce developed countries'...
Persistent link: https://www.econbiz.de/10010300162
It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...
Persistent link: https://www.econbiz.de/10010331021
This working paper, based on Carmen Reinhart's Adam Smith Lecture at the 60th NABE Annual Meeting in September 2018, takes a selective global tour of some of the prominent economic and financial risks in advanced, emerging, and low-income developing economies.
Persistent link: https://www.econbiz.de/10014439134