The gap between the advanced and emerging economies continues to narrow, eroding the dominance of the developing economies. In fact, the global GDP share of the advanced world fell from 69% in 1980 to 49.6% in 2013. In the meantim..

Dong-Eun Rhee 작성일 2014.07.11 조회수 3,918

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The degree of income inequality has been worsening over the past decades in both developed and developing countries alike, hindering economic progress. It has become particularly severer after going through the full onset of the 2..

Dong-Eun Rhee 작성일 2014.04.30 조회수 3,866

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The Great Moderation refers to the period between the mid-1980s and the outbreak of global financial crisis, when the world experienced noticeably low economic volatility. The rationale behind this Great Moderation is approached a..

Dong-Eun Rhee 작성일 2013.03.15 조회수 3,798

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