Institution
World Institute for Development Economics Research
Facility•Helsinki, Finland•
About: World Institute for Development Economics Research is a facility organization based out in Helsinki, Finland. It is known for research contribution in the topics: Poverty & Population. The organization has 110 authors who have published 525 publications receiving 17316 citations.
Papers published on a yearly basis
Papers
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TL;DR: In this article, the authors explore the extent to which social capital in rural Vietnam plays a role in increasing formal savings where knowledge gaps exist, and suggest that transmitting financial information through the branches of the Women's Union could be effective in increase formal savings at grassroots level.
Abstract: Information failures are a major barrier to formal financial saving in low-income countries. We explore the extent to which social capital in rural Vietnam plays a role in increasing formal savings where knowledge gaps exist. Social capital is defined as information sharing and the elimination of information asymmetries through active participation in the Women's Union. We consider high- and low-quality networks in terms of the quality of information transmitted. We find that membership of high-quality networks leads to higher levels of saving in formal financial institutions and saving for productive investments. Our results support a role for social capital in facilitating savings and suggest that transmitting financial information through the branches of the Women's Union could be effective in increasing formal savings at grassroots level. We also conclude that it is important to ensure that the information disseminated is accurate given that behavioral effects are also found in networks with low-quality information.
24 citations
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24 citations
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TL;DR: Fuzzy HDI estimates for 14 Pacific Asian countries are provided and compared with non-fuzzy estimates, suggesting that fuzzy measures should be used more widely to measure achieved well-being outcomes.
Abstract: This paper develops a framework that uses fuzzy-set theory to measure human well-being. Fuzzy sets allow for gradual transition from one state to another while also allowing one to incorporate rules and goals, and hence are more appropriate for measuring outcomes that are ambiguous. Such ambiguity is an inherent characteristic of cross-country achieved well-being assessments. This framework is used to provide a fuzzy representation of the well-known Human Development Index (HDI) and its three components. Fuzzy HDI estimates for 14 Pacific Asian countries are provided and compared with non-fuzzy estimates. Quite large differences in rankings emerge. The paper concludes by suggesting that fuzzy measures should be used more widely to measure achieved well-being outcomes.
24 citations
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TL;DR: In this paper, exploratory data analysis suggests that, to the extent that financial reform has made any contribution to developmental outcomes, domestic financial development is unlikely to have been the mediating channel.
Abstract: Financial liberalisation is widely seen as key to promoting financial development and unlocking growth in developing countries. While this thesis has been backed by an extensive literature, we show that it rests on weak theoretical and empirical foundations. Data for Sub-Saharan Africa reinforce this sceptical assessment. The region has embraced the financial reform paradigm, but few robust positive results have followed. On the contrary, exploratory data analysis suggests that, to the extent that financial reform has made any contribution to developmental outcomes, domestic financial development is unlikely to have been the mediating channel. We conclude that the finance‐growth thesis stands challenged and outline five lessons which future research should heed.
24 citations
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TL;DR: Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises as discussed by the authors, and actions by the government to counteract that dependence and bolster the domestic economy while continuing to restructure the economy toward greater emphasis on the private sector.
Abstract: Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises. Examination of economic performance and policy responses shows rising dependence on foreign finance around each crisis, and actions by the government to counteract that dependence and bolster the domestic economy while continuing to restructure the economy toward greater emphasis on the private sector. Growth, employment and poverty alleviation have been maintained at the expense of renewed inflation, larger budget deficits, and currency depreciation. The "stop-go" nature of present macroeconomic policy is the consequence of balancing growth versus inflation, responding to severe external shocks and holding to a growth objective in the face of substantial internal and external criticism.
24 citations
Authors
Showing all 116 results
Name | H-index | Papers | Citations |
---|---|---|---|
Partha Dasgupta | 85 | 323 | 38303 |
Richard Layard | 58 | 262 | 23309 |
Sherman Robinson | 57 | 354 | 21470 |
Finn Tarp | 54 | 405 | 13156 |
Mark McGillivray | 46 | 161 | 5877 |
Almas Heshmati | 43 | 404 | 9088 |
Wim Naudé | 43 | 247 | 7400 |
Luc Christiaensen | 41 | 163 | 8055 |
James Thurlow | 40 | 159 | 5362 |
Channing Arndt | 39 | 205 | 4999 |
Anthony F. Shorrocks | 38 | 81 | 12144 |
Laurence R. Harris | 37 | 217 | 4774 |
Nanak Kakwani | 37 | 145 | 9121 |
Giovanni Andrea Cornia | 36 | 159 | 4897 |
George Mavrotas | 35 | 81 | 4686 |