Search
Now showing items 1-10 of 37
On Graduation from Fiscal Procyclicality
(John F. Kennedy School of Government, Harvard University, 2012)
In the past, industrial countries have tended to pursue countercyclical or, at worst, acyclical fiscal policy. In sharp contrast, emerging and developing countries have followed procyclical fiscal policy, thus exacerbating ...
The Unintended Consequences of Successful Resource Mobilization: Financing Development in Vietnam
(United Nations Development Programme and the Fulbright Economics Teaching Program, 2011)
The total amount of development finance generated by Vietnam has been exceptionally high from all significant sources using all standard measures of comparison. However, there are many potential unintended consequences of ...
A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries
(Palgrave Macmillan, 2011)
Two decades ago, many people had drawn a lesson from the 1980s: Japan's variant of capitalism was the best model. Other countries around the world should and would follow it. Japan's admired institutions included relationship ...
The Dynamics of Nestedness Predicts the Evolution of Industrial Ecosystems
(Public Library of Science, 2012)
In economic systems, the mix of products that countries make or export has been shown to be a strong leading indicator of economic growth. Hence, methods to characterize and predict the structure of the network connecting ...
Funding Economic Development: A Comparative Study of Financial Sector Reform in Vietnam and China
(United Nations Development Programme and Fulbright Economics Teaching Program, 2009)
Although there is considerable debate among economists as to the impact of financial sector development on economic growth, empirical evidence indicates a strong, direct link between the two. A recent comprehensive review ...
International Knowledge Diffusion and the Comparative Advantage of Nations
(John F. Kennedy School of Government, Harvard University, 2012)
In this paper we document that the probability that a product is added to a country’s export basket is, on average, 65% larger if a neighboring country is a successful exporter of that same product. We interpret our result ...
Over-optimism in Forecasts by Official Budget Agencies and its Implications
(Oxford University Press, 2011)
The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general, the forecasts are found: (i) to have a positive average bias, (ii) to be more biased ...
Environmental Regulations, Air and Water Pollution, and Infant Mortality in India
(John F. Kennedy School of Government, Harvard University, 2011)
Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and infant mortality from a developing country, the paper examines the effectiveness of India’s environmental ...
Politically Feasible Emission Target Formulas to Attain 460 ppm CO2 Concentrations
(John F. Kennedy School of Government, Harvard University, 2011)
A new climate change treaty must plug three gaps: the absence of emission targets extending far into the future, the absence of participation by the United States, China, and other developing countries, and the absence of ...
Making Room for China in the World Economy
(American Economic Association, 2010)