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82. Longevity in Russia's Regions: Do Poverty and Low Public Health Spending Kill?
- Author:
- Oleksiy Ivaschenko
- Publication Date:
- 06-2004
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- This paper examines the impact of changes in poverty and public health spending on inter-temporal variations in longevity using a unique regional-level dataset that covers 77 regions of Russia over the period 1994-2000. The dynamic panel data model is used as a tool for the empirical analysis. The model is estimated using the Arellano-Bond dynamic panel data estimator. The changes in regional levels of poverty and real per capita public health expenditure are identified to be significant determinants of the variations observed in longevity over time. The empirical results indicate that while male life expectancy responds more strongly than female life expectancy to economic circumstances, the latter appears to be more predisposed to the influence of public health spending. The results support the idea that the (positive) effect of public health spending on life expectancy is larger for those regions that experience higher incidences of poverty. The paper also finds that the financial crisis which hit Russia at the end of 1998 had a significant negative effect on longevity independently of the factors directly related to poverty and public health spending.
- Topic:
- Human Welfare, Political Economy, and Poverty
- Political Geography:
- Russia, Europe, and Asia
83. America Demands; China Supplies
- Author:
- John H. Makin
- Publication Date:
- 04-2004
- Content Type:
- Policy Brief
- Institution:
- American Enterprise Institute for Public Policy Research
- Abstract:
- Say's Law, named after French economist Jean- Baptiste Say (1767–1832), was promulgated at the time of the Industrial Revolution when some feared that purchasing power would be insufficient to absorb the ever-growing output of the newly mechanized economy. It states simply and reassuringly that supply creates its own demand. More specifically, the production of output tends to generate purchasing power equal to the value of that output.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- China, America, and Asia
84. Whither Europe?
- Author:
- Barry Eichengreen
- Publication Date:
- 05-2003
- Content Type:
- Working Paper
- Institution:
- Institute of European Studies (IES), UC Berkeley
- Abstract:
- Where I live, on the West Coast of the United States, and teach, at the University of California, Europe seems far away. Geographically we are closer to Latin America and Asia. Ethnically, Californians of Hispanic and Asian-American descent are increasingly numerous. Within 20 years, residents of European origin will be a minority; already they are a minority of the undergraduates enrolling at Berkeley. Economically as well, we look to Asia. It is in California where the largest number of container ships arriving from Asia are unloaded, and it is across the Pacific, and in China in particular, that most of those containers originate.
- Topic:
- Economics and Political Economy
- Political Geography:
- United States, China, Europe, Asia, California, and Latin America
85. Institutions for Fiscal Stability (Financial Integration in Europe and Asia)
- Author:
- Barry Eichengreen and Yung Chul Park
- Publication Date:
- 01-2003
- Content Type:
- Working Paper
- Institution:
- Institute of European Studies (IES), UC Berkeley
- Abstract:
- One of the most striking aspects of Europe's recent development has been the growth and integration of financial markets. Bond markets have grown explosively since the advent of the euro. Cross border transactions in government bonds have risen sharply with the emergence of the German bund as a benchmark asset, while the volume of corporate bond issues has grown even more dramatically. Securities markets are consolidating around London and Frankfurt, which are competing for the mantle of Europe's dominant financial center. This rapid market integration has raised questions about the viability of Europe's traditional model of bank-based financial intermediation, causing commercial and investment banks to respond with a wave of mergers and acquisitions.
- Topic:
- Economics and Political Economy
- Political Geography:
- Europe, Asia, London, and Germany
86. Lessons of the Euro for the Rest of the World
- Author:
- Barry Eichengreen
- Publication Date:
- 12-2002
- Content Type:
- Working Paper
- Institution:
- Institute of European Studies (IES), UC Berkeley
- Abstract:
- Europe's single currency is widely invoked as a potential solution to the monetary and exchange rate problems of other regions, including Asia, Latin America, North America and even Africa. This lecture asks whether the Europe's experience in creating the euro is exportable. It argues that the single currency is the result of a larger integrationist project that has political as well as economic dimensions. The appetite for political integration being less in other parts of the world, the euro will not be easily emulated. Other regions will have to find different means of addressing the tension between domestic monetary autonomy and regional integration. Harmonized inflation targeting may be the best available solution.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- Africa, Europe, Asia, and Latin America
87. Foreign Direct Investment in China: Effects on Growth and Economic Performance
- Author:
- Edward M. Graham and Erika Wada
- Publication Date:
- 04-2001
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- By almost all accounts, foreign direct investment (FDI) in China has been one of the major success stories of the past 10 years. Starting from a base of less than $19 billion in 1990, the stock of FDI in China rose to over $300 billion at the end of 1999. Ranked by the stock of inward FDI, China thus has become the leader among all developing nations and second among the APEC nations (only the United States holds a larger stock of inward FDI). China's FDI consists largely of greenfield investment, while inward FDI in the United States by contrast has been generated more by takeover of existing enterprises than by new establishment, a point developed later in this paper. The majority of FDI in China has originated from elsewhere in developing Asia (i.e., not including Japan). Hong Kong, now a largely self-governing “special autonomous region” of China itself, has been the largest source of record. The dominance of Hong Kong, however, is somewhat illusory in that much FDI nominally from Hong Kong in reality is from elsewhere. Some of what is listed as Hong Kong-source FDI in China is, in fact, investment by domestic Chinese that is “round-tripped” through Hong Kong. Other FDI in China listed as Hong Kong in origin is in reality from various western nations and Taiwan that is placed into China via Hong Kong intermediaries. Alas, no published records exist to indicate exactly how much FDI in China that is nominally from Hong Kong is in fact attributable to other nations.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- United States, Japan, China, Israel, East Asia, Asia, and Hong Kong
88. Potential Sources of Financing for U.S. Ventures in Russia
- Author:
- Askar Askarov, Katharine Reed, and Linn E. Schulte-Sasse
- Publication Date:
- 12-2001
- Content Type:
- Working Paper
- Institution:
- Center for International Security and Cooperation (CISAC), Stanford University
- Abstract:
- Following the end of the Cold War, the United States and its allies recognized that it was in their vital security interests to promote stable transitions in the countries of Central and Eastern Europe (CEE) and the New Independent States (NIS) of the former Soviet Union. For the most part, such transitions would depend on the efforts of the states in transition themselves, including many that had been newly formed. However, one way in which the Western nations could help was by economic assistance -- both financial and technical.
- Topic:
- International Trade and Finance and Political Economy
- Political Geography:
- Russia, United States, Europe, Eastern Europe, Asia, and Soviet Union
89. The India-China Relationship: What the United States Needs to Know
- Author:
- Justin Sommers and Rapporteur
- Publication Date:
- 11-2001
- Content Type:
- Working Paper
- Institution:
- Asia Society
- Abstract:
- The Woodrow Wilson International Center for Scholars and the Asia Society are pleased to present the report of our conference entitled “The India-China Relationship: What the United States Needs to Know,” which took place in Washington, D.C., on November 30, 2001. The conference, engaging experts and policymakers both in and out of government, was one phase in a larger joint project of the two organizations that will result in a scholarly volume.
- Topic:
- Diplomacy and Political Economy
- Political Geography:
- United States, China, South Asia, Washington, India, and Asia
90. Austria's Role in an Enlarged European Union
- Author:
- Benita Ferrero-Waldner
- Publication Date:
- 10-2001
- Content Type:
- Working Paper
- Abstract:
- European unity has come a long way. As early as 1946 – under the impression of the cataclysm of World War II – statesmen like Winston Churchill dreamed of a better Europe. “We must build a kind of United States of Europe”, Churchill said.
- Topic:
- Political Economy
- Political Geography:
- Europe and Asia