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Emerging Market Heterogeneity
This paper studies growth patterns in Emerging Market Economies (EMs) from the perspective on clusters and taxonomies. First, it documents developments over the past five decades in EMs and uses a cluster analysis to better understand convergence and the investment-growth nexus. Second, it looks at the performance of EMs since 2000 and develops a taxonomy to classify countries according to their factor endowments as well as their real and financial external linkages. The taxonomy offers insights on growth dynamics pre and post the global financial crisis. Results highlight the high degree of heterogeneity in EMs and the need for more granular and targeted near and long-term policy advice.
Emerging Markets in Transition
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the crisis. This raises the question of whether EMs can bounce back to the growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them over the medium term, and the policy priorities needed to sustain the growth rates seen in the past decades. In doing so, the paper differentiates EMs along various dimensions (e.g. degree of commodity dependence, trade and financial openness) to highlight the need to tailor policy priorities.
Rethinking Financial Deepening
The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial deepening, focusing on what emerging markets can learn from the advanced economy experience. It finds that gains for growth and stability from financial deepening remain large for most emerging markets, but there are limits on size and speed. When financial deepening outpaces the strength of the supervisory framework, it leads to excessive risk taking and instability. Encouragingly, the set of regulatory reforms that promote financial depth is essentially the same as those that contribute to greater stability. Better regulation—not necessarily more regulation—thus leads to greater possibilities both for development and stability.
中国学生英语色彩语码认知模式研究
本书采用实验调查方法,试图从社会语言学、认知心理学,以及心理语言学三个方面,对我国大学生群体在英语色彩命名过程中所表现出来的一般认知模式进行研究。
Response of Structures Under Extreme Loading
Original research on performance of materials under a wide variety of blasts, impacts, severe loading and fireCritical information for protecting buildings and civil infrastructure against human attack, deterioration and natural disastersTest and design data for new types of concrete, steel and FRP materials This technical book is devoted to the empirical and theoretical analysis of how structures and the materials constituting them perform under the extreme conditions of explosions, fire, and impact. Each of the 119 fully refereed presentations is published here for the first time and was selected because of its original contribution to the science and engineering of how materials, bridges, buildings, tunnels and their components, such as beams and pre-stressed parts, respond to potentially destructive forces. Emphasis is placed on translating empirical data to design recommendations for strengthening structures, including strategies for fire and earthquake protection as well as blast mitigation. Technical details are provided on the development and behavior of new resistant materials, including reinforcements, especially for concrete, steel and their composites.
Prince's Hard To Pursue
The moment he crossed over to the other side, he transformed into a "man." It was said that she was the "eldest son" of the Yuan Family who was obsessed with the scum prince. To be blind, to be a true beauty, to be cruel and merciless, to possess overwhelming strength. The stepmother sister, playing with the handicapped is one. However, ever since she met him, she seemed to be getting busier and busier. Until she said, "I'm tired, tired of fighting!" He cuddled her in his arms, "I will protect you for the rest of my life."
Emerging Markets in Transition
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the crisis. This raises the question of whether EMs can bounce back to the growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them over the medium term, and the policy priorities needed to sustain the growth rates seen in the past decades. In doing so, the paper differentiates EMs along various dimensions (e.g. degree of commodity dependence, trade and financial openness) to highlight the need to tailor policy priorities.
