Extending the wealth accumulation model of Piketty and Zucman [2014] to include net depreciation in fossil fuels, minerals, and forests produces two key indicators: the net national saving rate adjusted for natural capital depreciation, and the ratio of this rate to long-run growth. These indicators are applied to eight rich economies over 1970–2013 and developing countries for 1979–2013. Where...

The Digital Home technology and standards are evolving towards an integrated electronic home system. This evolution will facilitate accessibility of data and information from various sources around the world to our home. The technology will also enable the automatic or semi-automatic control of lighting, climate doors and windows, and security, surveillance systems and control of other sundry d...

Many risks are present in rural developing economies: illness, weather, the sudden need to finance an investment opportunity, etc. Yet for many households in rural developing economies, consumption and investment are insured against short-term, idiosyncratic risks to a large extent, despite limited availability of formal banking and insurance products. The importance of kinship networks in faci...

I use monthly data on industrial production to estimate the distribution of international business cycle correlations since the 1980’s, with focus on the current turmoil. The degree of international correlation in national business cycles since the end of 2008 is unprecedented in three decades. From 2008M12, an upward shift in the cross-sectional distribution of cycles synchronization is sizeab...

Cancers affect all communities worldwide. There are, however, marked differences in the prevalence and types of cancers among communities. While the total cancer burden remains the highest in affluent societies, less developed economies are closing the gap very rapidly. As developing countries succeed in achieving lifestyles similar to those in advanced economies, they will also encounter much ...

In structuring this conference, the organizers have made the sensible decision to devote separate sessions to the problems of developing and developed countries. When attempting to confront unsustainable fiscal policies, developed economies are relieved of many of the economic constraints with which developing countries must deal. With greater wealth, more stable and credible governments, and m...

background: diabetes is a worldwide problem nowadays. the present study was designed to assess the productivity of research on diabetes and to evaluate the gap between the burden of diabetes and research on diabetes, in both developed and developing countries. materials and methods: an extensive search in pubmed database for diabetes publications, using diabetes as the mesh term, was carried ou...

The significant growth of the Information & Communication Technology (ICT) sector has created a widening gap in productivity between the leading industrialised and developing economies. The emergence of a digital divide constitutes a critical constraint on the potential for the future growth of many developing economies. This is because they lack of a critical mass of physical infrastructure to...

a r t i c l e i n f o We introduce limited commitment into a standard optimal fiscal policy model in small open economies. We consider the problem of a benevolent government that signs a risk-sharing contract with the rest of the world, and that has to choose optimally distortionary taxes on labor income, domestic debt and international transfers. Both the home country and the rest of the world...

Introduction Information and communication technology (ICT) innovation research has concerned itself with researching industrialized high-income regions of the world, with specific reference to large organizations and their innovative abilities. Emerging economies/developing countries have not been considered as a hot bed of innovation. Researchers have preferred to focus on economic and instit...