📈 economics

Beyond Vulnerability: Measuring External Resilience in the Global Economy, 1998–2024

This paper introduces and validates the External Resilience Index (ERI), a multidimensional framework measuring 196 economies' capacity to absorb and adapt to external shocks through buffer and structural-adaptive resilience, demonstrating its effectiveness as a diagnostic tool for sovereign debt distress and IMF programme participation while clarifying its role as a complement to, rather than a universal predictor of, financial crises.

Paul Oluikpe2026-08-21
📈 economics

Do the servitization of manufacturing inputs and outputs have the same impact on carbon emission efficiency? Evidence from the “Belt and Road” Initiative

This study utilizes EORA input-output data and a super-efficiency SBM-GML model to demonstrate that while both input and output servitization in manufacturing initially suppress carbon emission efficiency due to a "green cost," they exhibit a U-shaped nonlinear relationship where the negative impact is mitigated by increasing knowledge-intensive service inputs and high value-added manufacturing, offering critical insights for Belt and Road Initiative countries pursuing sustainable production.

Yongcai Han, Yujia Li, Zhaofan Tan2026-08-20
📈 economics

Climate Shocks, Commodity Prices, and Market Connectedness: Evidence from the Ivorian Cocoa Belt

This paper demonstrates that while cocoa markets in Côte d'Ivoire have transitioned from net shock transmitters to net receivers of macro-financial volatility since 2008, severe local climate anomalies can temporarily override this financialization regime to restore cocoa's role as a systemic driver of global commodity price instability.

Dignakouho Pierre OUATTARA, Kigbajah Salifou Dignakouho Coulibaly2026-08-20
📈 economics

From financial access to food resilience: A household-level analysis of gender and urban–rural disparities in Sub-Saharan Africa

Using data from 45,683 households across 32 Sub-Saharan African countries, this study finds that while financial inclusion significantly reduces household food insecurity, women and rural populations remain disproportionately vulnerable due to structural barriers like gender discrimination and climatic shocks, necessitating targeted policies that combine expanded financial access with education, healthcare, and systemic reforms to build resilience.

Mohamed PORGO, Pirénam Diane Kpatcha, Essossinam Ali, Pouwemdéou Tchila2026-08-20
📈 economics

The Second United Nations Development Decade: the internationalization of structural heterogeneity during the early-1970s. A South-North circulation?

This paper argues that during the Second United Nations Development Decade (1971–1980), concepts of structural heterogeneity and social-economic integration developed by Latin American structuralists were implicitly and mediatedly incorporated into UN policy frameworks, thereby challenging the traditional North-to-South flow of economic ideas by demonstrating a significant, albeit often unattributed, South-to-North circulation of knowledge.

Nicolas Dvoskin2026-08-20
📈 economics

Platform labour participation and the division of household labour: evidence from the 2023 Chinese Social Survey

Using nationally representative data from the 2023 Chinese Social Survey, this study reveals that platform workers are typically younger, educated, and higher-income individuals whose participation leads to a gender-asymmetric shift in household dynamics, specifically enabling women to outsource domestic labor and increasing spousal employment while reducing education spending.

mingzhe cui, han wang, chang li, dingxuan wang, yingying zheng2026-08-20