Journal of Globalization and Development Volume 8 Issue 2

Journal Article

Debt Limits and the Structure of Public Debt

Pienkowski, Alex

2018 Journal of Globalization and Development

doi:10.1515/jgd-2017-0018

AbstractThis paper provides a tractable framework to assess how the structure of debt instruments – specifically by currency denomination and indexation to GDP – can raise the debt limit of a sovereign. By calibrating the model to different country fundamentals, it is clear that there is no...

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Journal Article

Deindustrialization and Unsustainable Debt in Middle-Income Countries: The Case of Puerto Rico

Caraballo-Cueto, Jose; Lara, Juan

2018 Journal of Globalization and Development

doi:10.1515/jgd-2017-0009

AbstractPuerto Rico recently became the largest bankruptcy case in the history of the U.S. municipal bond market. This debt crisis has not been the subject of significant scrutiny in the economic literature, though many researchers focus on case studies, such as Greece and Argentina, to analyze a...

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Journal Article

Follow the Money: Remittance Responses to FDI Inflows

Coon, Michael; Neumann, Rebecca

2018 Journal of Globalization and Development

doi:10.1515/jgd-2017-0023

AbstractMigrant networks are an important catalyst for promoting FDI flows between countries. Migrants also send increasingly large remittances to their home countries. This paper considers how these two capital flows are related, specifically examining how remittance flows respond to the amount...

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Journal Article

On Comprehensively Intermediate Measures of Inequality and Poverty, with an Illustrative Application to Global Data

Subramanian, S.

2018 Journal of Globalization and Development

doi:10.1515/jgd-2017-0027

AbstractThe dominant convention in the measurement of inequality and poverty is to employ scale-invariant and replication-invariant measures, that is, measures that are thoroughgoingly relative. This is a routine feature of both the theoretical and applied literature in the area, despite weighty...

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Journal Article

Socioeconomic Driving Forces of International Migration

Wesselbaum, Dennis

2018 Journal of Globalization and Development

doi:10.1515/jgd-2017-0017

AbstractThis paper makes a contribution to the literature on the driving forces of international migration. In contrast to the existing literature we consider the effect of socioeconomic variables (population dynamics, education and health, and openness) on migration flows. Especially the effects...

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Journal of Globalization and Development Volume 8 Issue 2

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