Growing pains : binding constraints to productive - Inter
... Caribbean registered significant economic growth rates and showed a dynamism that has been absent for much of the past 25 years. Although the region has not been immune to the effects of the current global financial crisis, economic reforms in recent decades have left most countries better positioned ...
... Caribbean registered significant economic growth rates and showed a dynamism that has been absent for much of the past 25 years. Although the region has not been immune to the effects of the current global financial crisis, economic reforms in recent decades have left most countries better positioned ...
The Global Productivity Distribution and Ricardian Comparative
... of backwardness and the strength of knowledge spillovers. And these relative productivity levels are what determines both the pattern of Ricardian comparative advantage and the degree of inequality within industries and across countries. A higher advantage of backwardness reduces the productivity g ...
... of backwardness and the strength of knowledge spillovers. And these relative productivity levels are what determines both the pattern of Ricardian comparative advantage and the degree of inequality within industries and across countries. A higher advantage of backwardness reduces the productivity g ...
kwame nkrumah university of science and technology, kumasi
... Unfortunately, this impressive beginning started to dwindle. The Ghanaian economy began to experience a slowdown in GDP between 1964 and 1983. In the years 1966, 1972, 1975 to 1976 and 1980 to 1983, the growth rates were negative. These trends have been attributed to inappropriate domestic policies ...
... Unfortunately, this impressive beginning started to dwindle. The Ghanaian economy began to experience a slowdown in GDP between 1964 and 1983. In the years 1966, 1972, 1975 to 1976 and 1980 to 1983, the growth rates were negative. These trends have been attributed to inappropriate domestic policies ...
Telecommunications in small economies: the impact of liberalization
... constitutes a significant factor leveraging the outcomes of competition and alternative technologies on the fixed network and prices. Competition effects on Universal Service vary between the three telecommunications markets. Policy implications suggest that small economies require endogenous policy ...
... constitutes a significant factor leveraging the outcomes of competition and alternative technologies on the fixed network and prices. Competition effects on Universal Service vary between the three telecommunications markets. Policy implications suggest that small economies require endogenous policy ...
oecd economic outlook
... Since we published our last Outlook, the world economy has once more confirmed its ability to withstand shocks and maintain momentum. Asia has forged ahead, with China enjoying double-digit expansion and India growing very rapidly as well. After years of deflationary weakness, Japan has embarked on ...
... Since we published our last Outlook, the world economy has once more confirmed its ability to withstand shocks and maintain momentum. Asia has forged ahead, with China enjoying double-digit expansion and India growing very rapidly as well. After years of deflationary weakness, Japan has embarked on ...
Labor Reallocation and Productivity Dynamics: Financial Causes
... productivity growth into two components: a common component and an allocation component. The common component depends on the unweighted average productivity growth across sectors and the unweighted average growth in employment shares across sectors. The allocation component measures the direction o ...
... productivity growth into two components: a common component and an allocation component. The common component depends on the unweighted average productivity growth across sectors and the unweighted average growth in employment shares across sectors. The allocation component measures the direction o ...
Saving Transitions - Harvard Kennedy School
... in GDP (see Table 1, taken from IMF 1997). Which if these factors drive growth, if any? Do we need to have them all together, or are some simply the consequence of growth? And even if we were to accept the causal role played by investment, we can ask whether increases in saving are sufficient as wel ...
... in GDP (see Table 1, taken from IMF 1997). Which if these factors drive growth, if any? Do we need to have them all together, or are some simply the consequence of growth? And even if we were to accept the causal role played by investment, we can ask whether increases in saving are sufficient as wel ...
The American University in Cairo A Thesis Submitted to the
... the impact of remittance along with other variables on growth of GDP for a recipient country, in this case Egypt. This research paper will focus mainly on Egypt since Egypt like many other countries is suffering from economic and political conditions that are hindering its economic growth and its a ...
... the impact of remittance along with other variables on growth of GDP for a recipient country, in this case Egypt. This research paper will focus mainly on Egypt since Egypt like many other countries is suffering from economic and political conditions that are hindering its economic growth and its a ...
The American University in Cairo A Thesis Submitted to the
... to analyze the impact of remittance along with other variables on growth of GDP for a recipient country, in this case Egypt. This research paper will focus mainly on Egypt since Egypt like many other countries is suffering from economic and political conditions that are hindering its economic growt ...
... to analyze the impact of remittance along with other variables on growth of GDP for a recipient country, in this case Egypt. This research paper will focus mainly on Egypt since Egypt like many other countries is suffering from economic and political conditions that are hindering its economic growt ...
91219 The Economic Impact of the 2014 Ebola Epidemic:
... The short-term fiscal impacts are also large, at US$113 million (5.1 percent of GDP) for Liberia; US$95 million (2.1 percent of GDP for Sierra Leone) and US$120 million (1.8 percent of GDP) for Guinea. These estimates are best viewed as lower-bounds. Slow containment scenarios would almost certainly ...
... The short-term fiscal impacts are also large, at US$113 million (5.1 percent of GDP) for Liberia; US$95 million (2.1 percent of GDP for Sierra Leone) and US$120 million (1.8 percent of GDP) for Guinea. These estimates are best viewed as lower-bounds. Slow containment scenarios would almost certainly ...
norface08 Alho 8162004 en
... nominal convergence in relative wages and prices, i.e. real appreciation. The inflationary development in the new member countries is also vital, e.g., from the point of view of ECB monetary policy and the entrance of the new member countries into the Economic and Monetary Union. See Figures 1 and 2 ...
... nominal convergence in relative wages and prices, i.e. real appreciation. The inflationary development in the new member countries is also vital, e.g., from the point of view of ECB monetary policy and the entrance of the new member countries into the Economic and Monetary Union. See Figures 1 and 2 ...
4 The macroeconomic impact of the 2004-2006 EU funds
... apply to Latvia. The Latvian economy has exhibited a faster growth rate of real GDP in recent years than in the 1990s. In the period 1995-2000, real GDP grew by only 5.4 percent per year, on average, compared to 8.2 percent in the 2000-2005 period. In 2006, real GDP even increased by 11.9 percent. S ...
... apply to Latvia. The Latvian economy has exhibited a faster growth rate of real GDP in recent years than in the 1990s. In the period 1995-2000, real GDP grew by only 5.4 percent per year, on average, compared to 8.2 percent in the 2000-2005 period. In 2006, real GDP even increased by 11.9 percent. S ...
FDI-KSA
... planning, 2001). The KSA’s economy is heavily dependent on Oil with Oil revenues making up around 90-95% of total export earnings and around 35-40% of the country's GDP. This dependence on Oil led to pressures to diversify, liberalize and reform the economy. To achieve the desired liberalization and ...
... planning, 2001). The KSA’s economy is heavily dependent on Oil with Oil revenues making up around 90-95% of total export earnings and around 35-40% of the country's GDP. This dependence on Oil led to pressures to diversify, liberalize and reform the economy. To achieve the desired liberalization and ...
... There has been a steep decline in the growth of world output and trade during the early years of the 1990s. This unfavourable development in the international environment has been a significant cause of some deceleration of economic growth in the region. Nevertheless, the increasing strength of the ...
Kingdom of Bahrain ECONOMIC YEARBOOK 2013
... This book is intended as a comprehensive reference work on the Bahraini economy. It offers a compendium of data and analysis covering the development, composition, and prospects of the national economy. Apart from reviewing the recent performance and key characteristics of the economy as whole, this ...
... This book is intended as a comprehensive reference work on the Bahraini economy. It offers a compendium of data and analysis covering the development, composition, and prospects of the national economy. Apart from reviewing the recent performance and key characteristics of the economy as whole, this ...
Chinese economic reform
The Chinese economic reform (simplified Chinese: 改革开放; traditional Chinese: 改革開放; pinyin: Gǎigé kāifàng; literally: ""Reform & Opening up"") refers to the program of economic reforms called ""Socialism with Chinese characteristics"" in the People's Republic of China (PRC) that was started in December 1978 by reformists within the Communist Party of China (CPC) led by Deng Xiaoping.China had one of the world's largest and most advanced economies prior to the nineteenth century. In the 18th century, Adam Smith claimed China had long been one of the richest, that is, one of the most fertile, best cultivated, most industrious, most prosperous and most urbanized countries in the world. The economy stagnated since the 16th century and even declined in absolute terms in the nineteenth and much of the twentieth century, with a brief recovery in the 1930s.Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses. However, most industry remained state-owned. The second stage of reform, in the late 1980s and 1990s, involved the privatization and contracting out of much state-owned industry and the lifting of price controls, protectionist policies, and regulations, although state monopolies in sectors such as banking and petroleum remained. The private sector grew remarkably, accounting for as much as 70 percent of China gross domestic product by 2005. From 1978 until 2013, unprecedented growth occurred, with the economy increasing by 9.5% a year. The conservative Hu-Wen Administration more heavily regulated and controlled the economy after 2005, reversing some reforms.The success of China's economic policies and the manner of their implementation has resulted in immense changes in Chinese society. Large-scale government planning programs alongside market characteristics have minimized poverty, while incomes and income inequality have increased, leading to a backlash led by the New Left. In the academic scene, scholars have debated the reason for the success of the Chinese ""dual-track"" economy, and have compared them to attempts to reform socialism in the East Bloc and the Soviet Union, and the growth of other developing economies.