Retail payments are an inherent part of most adults’ daily life in Europe. But promotion of efficient retail payments is seldom an inherent part of European growth agendas. It should be.
Efficient retail payments: An untapped source for reviving growth in Europe?
Iftekhar Hasan, Tuomas Takalo, 24 January 2014
Growing out of corruption
Jie Bai, Seema Jayachandran, Edmund J. Malesky, Benjamin Olken , 22 November 2013
Eradicating corruption ranks among the central policy concerns of economic development practitioners around the globe. Then-World Bank President James Wolfenson made the case for combatting corruption in a 1996 speech now known as the “Cancer of Corruption” address. In it, he spelled out a theoretical mechanism connecting corruption and poverty:
Are the golden years for Latin America over?
Ignacio Munyo, Ernesto Talvi, 7 November 2013
Latin American growth is cooling –off sharply.
Reduced policy uncertainty and the Japanese economy
Masayuki Morikawa, 2 November 2013
While the effects of the 'three arrows' of the Japanese Abenomics policy mix – bold monetary easing, flexible fiscal policy, and the growth strategy –have attracted worldwide attention, reduced policy uncertainty is also expected to contribute to the country’s economic growth by stimulating long-term investments in the private sector.
Finance and growth: Too much of a good thing?
Thorsten Beck, 27 October 2013
Over the past 20 years, economists have accumulated a substantial body of empirical evidence that financial sector deepening is a critical part of the economic development process. This shows a well-functioning financial system is a conditio sine qua non for modern market economies to flourish.
Commentary on UK Budget 2012: Wanted – A real budget for growth
John Van Reenen, 29 March 2012
What was the problem with the 2012 UK budget? The problem with the budget was not so much what the Chancellor did but rather what he did not do. There was precious little in this budget to address the most pressing need of the British economy, and indeed the world economy: the need for growth.
Finance, long-run growth, and economic opportunity
Ross Levine, 25 October 2011
Finance is powerful. The financial system can be an engine of economic prosperity – or a destructive cause of economic decline and misery.
The finance-trade-growth nexus and lessons from the past
Michael Bordo, Peter L Rousseau, 26 May 2011
Developing and operating a financial system that fosters and sustains growth is one of today’s most pressing policy questions. The correlation between financial development and growth is well established (Levine 2005), and the roles of trade and export orientation in growth are likewise well accepted (e.g., Dollar 1992; Ben-David,1993; Edwards 1998).
How did London get away with it?
Henry Overman, 29 March 2011
It was widely expected that London would be the most severely hit of the UK regions in the recession brought about by the 2007-08 financial crisis. London was more reliant on financial services, it was argued, and because financial services were most directly affected, incomes and employment were expected to fall harder than in other cities (Oxford Economics 2008).
Finding out why African banks lend so little
Svetlana Andrianova, Panicos Demetriades, David Fielding, Badi H Baltagi, 25 March 2011
Private sector banks in Africa have the potential to fulfil an important role in promoting economic development, since they are often the only source of large loans. Without such financial support, businesses will be unable to respond to productive investment opportunities.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
DellaVigna, Durante, Knight, La Ferrara
Ostry, Berg, Tsangarides
Allen, Eichengreen, Evans
Greenwood, Guner, Kocharakov, Santos
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche
- Making city lights shine brighterYusuf, Leipziger
- The euro in the 'currency war'Bénassy-Quéré, Martin
- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- How the EZ crisis is permanently changing EU institutionsMicossi
- 21st Century Challenges: The Mobile Middle Class13 - 13 March 2014 / Royal Geographical Society, 1 Kensington Gore, SW7 London / Royal Geographical Society (with IBG)
- The 13th Annual GEP Postgraduate Conference 20141 - 2 May 2014 / Nottingham / Sponsored by Nottingham Centre for Research on Globalisation and Economic Policy (GEP) University of Nottingham, United Kingdom
- Exchange Rates and External Adjustment2 - 3 June 2014 / Zurich / Swiss National Bank
- 13th Summer School in International Development Economics: Investment, Saving and Wellbeing in Developing Countries10 - 13 June 2014 / Palazzo Feltrinelli, Gargnano, Lake Garda (Italy) / Organisers: Centro Studi Luca d’Agliano, Centre for Economic Policy Research (CEPR), Paolo Baffi Center on International Markets, Money and Regulation, Department of Economics, Management and Quantitative Methods of the University of Milan, Department of Economics, Quantitative Methods and Business Strategies of the University of Milan Bicocca, Vilfredo Pareto Doctoral Program in Economics of the University of Turin, The Lombardy Advanced School of Economic Research (LASER).
- 3rd WB-BE Research Conference: Financing growth: Levers, Boosters and Brakes23 - 24 June 2014 / Banco de España headquarters in Madrid / This conference is sponsored by Banco de España and The World Bank