Globalisation, instabilité et insécurité économique

  title={Globalisation, instabilit{\'e} et ins{\'e}curit{\'e} {\'e}conomique},
  author={Sonja Fagern{\"a}s and Ajit Singh Ajit Singh},
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… CONTINUE READING

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