The share of manufacturing in output follows an inverted U shape over the course of development. However, both the timing and the magnitude of structural change differ substantially across countries. I show a simple open economy model of structural change can explain why countries with lower aggregate productivity industrialize more slowly and start de-industrialization at a lower share of manu...

Countries with more developed …nancial markets (as measured by the private debtto-GDP ratio) tend to have signi…cantly lower aggregate volatility. This relationship is also highly non-linear— starting from a low level of …nancial development the reduction in aggregate volatility by …nancial deepening is far more signi…cant than it is when the …nancial market is more developed. We build a fully-...

Introduction . Keywords, reflecting the main content of article, play an extremely important role in search for scientific papers databases. Together with title and abstract, keywords provide primary information about study. Selecting extracting effective is a time-consuming process, so its optimization requires further studying. Purpose. The article aimed at acquainting authors journal methods...

Acta Academica is an accredited, open access South African journal dedicated to scholarship in the humanities. The publishes independently refereed research articles It promotes perspectives of critical social theory and engagements with postcolonial post-developmental debates special references (Southern) Africa. thereby support scholarly work that examines how humanities twenty-first century ...

On one monthly time-series data set of Vietnam economy over 02/2008–09/2018, the Time-Varying-Coefficient VAR model records that trade-off between inflation and output growth is mitigated by foreign capital inflows. The mostly determined credit supply growth, while largely driven direct investment (FDI) A increase FDI USD 1 billion can raise 1.77% rate. result also holds on accounting for excha...

Many cities in the Global South are structurally different from Northern, particularly American, on which much of urban sociology’s conceptual apparatus has been based. Thus, depicting them terms a standard vocabulary risks imposing an inappropriate way seeing. We need that is able to accommodate their experience. This special issue contributes work building vocabulary. select five keywords soc...