Unlike developing economies, advanced economies easily borrow debt to finance budget deficits. Government debt is one of the active measures of fiscal policy in these economies to run the economy and overcome its cyclicality.
Van Bon Nguyen
doaj +1 more source
The new resilience of emerging and developing countries: systemic interlocking, currency swaps and geoeconomics [PDF]
The vulnerability/resilience nexus that defined the interaction between advanced and developing economies in the post-WWII era is undergoing a fundamental transformation.
Abdenur A. +36 more
core +2 more sources
National culture, public health spending and life insurance consumption: an international comparison
This study aims to offer insight on the national cultural differences, public health expenditures, and economic freedom that persisted in life insurance expenditure across 28 advanced economies and 21 emerging and developing economies from 2002 to 2017 ...
Cong Tam Trinh +3 more
doaj +1 more source
Fiscal Policy and Inclusive Growth in Advanced Countries: Their Experience and Implications for Asia [PDF]
Advanced economies have a significantly longer history of using fiscal policy to tackle inequality and promote inclusive growth than those in developing Asia.
Heshmati, Almas +2 more
core +2 more sources
The Secular Stagnation Hypothes is and the Future of Europe’s Advanced Economies
The secular stagnation hypothesis originated in the late 1930s when Alvin Hansen proposed that the American economy will experience a prolonged depression because of the slowdown in demographics. Widely discussed in the aftermath of the Great Depression,
Artur F. Tomeczek
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The relationship between public debt and income inequality in advanced and developing economies: Empirical evidence on the difference [PDF]
In the context of increasing globalization, income inequality becomes one of the severe problems in both advanced and developing economies. Meanwhile, public spending financed by public debt may be an appropriate instrument of fiscal policy to narrow ...
Nguyen Van Bon
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The cost of a fair and sustainable COVID-19 grant for the world’s poorest economies
The emerging-market and developing economies face a multitude of grave challenges as they confront the COVID-19 pandemic, including a critical lack of budgetary space.
Steven Kamin, Benedict Clements
doaj +1 more source
The purpose of this study was to simultaneously examine relationships between teacher quality and instructional time and mathematics and science achievement of 8th grade cohorts in 18 advanced and developing economies.
Hee Kyung Hong
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Sovereign Debt Sustainability in Advanced Economies
We develop a measure of maximum sustainable government debt for advanced economies. How much investors are willing to lend to a country's government depends on the country's expected primary surplus, the level and volatility of its rate of growth, and how much debt the government expects to be able to raise in the future for the purpose of servicing ...
Collard, Fabrice +2 more
openaire +4 more sources
CURRENT TENDENCIES OF THE GLOBAL INDUSTRIAL POLICY AND RUSSIAN INDUSTRIAL RESTRUCTURING PRIORITIES
This article is devoted to the analysis of restructuring in the Russian production sector basing on the worldwide experience of innovative industrial policy with the focus on the role of the government in this process.
A. A. Chernyshev
doaj +1 more source

