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Globalisation, instabilité et insécurité économique

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  • Sonja Fagernas
  • Ajit Singh
  • Anne Saint Girons

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.

Suggested Citation

  • Sonja Fagernas & Ajit Singh & Anne Saint Girons, 2006. "Globalisation, instabilité et insécurité économique," Revue Tiers Monde, Programme National Persée, vol. 47(186), pages 391-420.
    • Handle: RePEc:prs:rtiers:tiers_1293-8882_2006_num_47_186_5636
    DOI: 10.3406/tiers.2006.5636
    Note: DOI:10.3406/tiers.2006.5636
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