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The shift in global goods production towards Asia is well documented. But global consumer demand has so far been concentrated in the rich economies of the OECD. Will that also shift towards Asia as these countries get richer?
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This paper investigates whether increased import competition leads firms to engage in incremental innovation reflected in product quality upgrading. The econometric analysis relies on a rich dataset of Chilean manufacturing firms and their products.
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Past studies focused on aggregate country data but a sector analysis provides a better picture of fragmentation. We start by counting the number of aid projects in the developing world and find that, in 2007, more
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This research deals with two key issues for many emerging countries: sovereign ratings provided by OECD-based firms and remittance flows. Previous upsurge episodes in remittance flows have underlined the interactions
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This analysis highlights, from a governmental and political perspective, the need to avoid fiscal deteriorations around elections in Latin America.
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This study provides a general analysis of economic relations between Spain, as a donor of official development assistance (ODA), and Ecuador, as a partner and recipient of development aid.
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Aid ineffectiveness, fragmentation, and volatility have already been highlighted by scholars and OECD studies. Far fewer studies have been devoted to another problem of capital flows: herding behaviour.
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For many countries rich in oil, gas and minerals, development remains an elusive goal. The rich get richer, the poor stay poor, inequality rises, economies stagnate, corruption flourishes and conflict deepens.
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This study analyses the impact of democratic decentralisation on the chances of socially excluded groups to participate in newly created local governance institutions in three Indian states.
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This working paper sets out lessons from emerging markets for EU assession countries.