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Economic Diversification in LICs : Stylized Facts and Macroeconomic Implications

Author/Editor: Chris Papageorgiou, Nicola Spatafora.

Release Date:December, 2012

Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less more...



Price: $10.00
Efficiency-Adjusted Public Capital and Growth

Author/Editor: Sanjeev Gupta, Alvar Kangur, Abdoul Wane, Chris Papageorgiou.

Release Date:September, 2011

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital more...



Price: $18.00
Global Shocks and their Impacton Low-Income Countries : Lessons From theglobal Financial Crisis

Author/Editor: Chris Papageorgiou, Hans Weisfeld, Catherine A. Pattillo, Martin Schindler, Nicola Spatafora, Andrew Berg.

Release Date:February, 2011

This paper investigates the short-run effects of the 2007-09 global financial crisis on growth in (mainly non-fuel exporting) low-income countries (LICs). Four conclusions stand out. First, for many more...



Price: $18.00
Investing in Public Investment : An Index of Public Investment Efficiency

Author/Editor: Zac Mills, Annette Kyobe, Jim Brumby, Chris Papageorgiou, Era Dabla-Norris.

Release Date:February, 2011

This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project appraisal, selection, implementation, and more...



Price: $18.00
The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries

Author/Editor: Chris Papageorgiou, Andrew Berg, Catherine A Pattillo, Nicola Spatafora.

Release Date:September, 2010

This paper investigates the medium- and long-term growth effects of the global financial crises on Low-Income Countries (LICs). Using several methodological approaches, including impulse response more...



Price: $18.00
Rising Income Inequality : Technology, or Trade and Financial Globalization?

Author/Editor: Chris Papageorgiou, Subir Lall, Florence Jaumotte.

Release Date:July, 2008

We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than more...



Price: $18.00
Trade Creation and Diversion Revisited : Accounting for Model Uncertainty and Natural Trading Partner Effects

Author/Editor: Chris Papageorgiou, Christian Henn, Theo S Eicher.

Release Date:March, 2008

Trade theories covering Preferential Trade Agreements (PTAs) are as diverse as the literature in search of their empirical support. To account for the model uncertainty that surrounds the validity of more...



Price: $18.00
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