Globalisation, instabilité et insécurité économique
Abstract[eng] Sonja Fagernas and Ajit Singh - Globalisation, instability and economic insecurity. This paper documents and analyses the volatility of economic growth in rich and poor countries. It concludes that whereas volatility has declined almost universally in advanced countries, the picture is more mixed for developing countries. The paper then concentrates on the case of India, where gdp volatility has declined over the past two decades. The evidence shows that the move away from agriculture has stabilised the economy. Increased financial depth and more favourable developments in terms of trade have had a similar effect. Finally, the paper discusses the relationship between economic instability and insecurity at a general level.
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Bibliographic InfoArticle provided by Programme National Persée in its journal Tiers-Monde.
Volume (Year): 47 (2006)
Issue (Month): 186 ()
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Web page: http://www.persee.fr/web/revues/home/prescript/revue/tiers
Other versions of this item:
- Sonja FAGERNAS & Ajit SINGH, 2006. "Globalisation, instabilité et insécurité économique," Revue Tiers-Monde, Armand Colin, vol. 0(2), pages 391-420.
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