Do countries more exposed to macroeconomic volatility grow less than more stable nations? Are profligate governments more likely to exacerbate volatility? What about the role of the financial sector; are volatility, growth, government spending, and financial development correlated? Recent research reported confirms that an increase in volatility results in lower gross domestic product (GDP) growth and that the negative impact of volatility on growth...
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INFORMATION
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2016/02/01
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Fiche
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103454
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1
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1
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2016/02/26
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Disclosed
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Lower volatility, stronger financial systems help growth
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terms of trade volatility
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