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In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China tends to engender, as an inherent byproduct,...
Persistent link: https://www.econbiz.de/10013082795
In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China tends to engender, as an inherent byproduct,...
Persistent link: https://www.econbiz.de/10013089412
Persistent link: https://www.econbiz.de/10003979706
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid-1990s onwards, fallen significantly behind. Using...
Persistent link: https://www.econbiz.de/10010496054
Persistent link: https://www.econbiz.de/10003803131
Persistent link: https://www.econbiz.de/10003403274
Persistent link: https://www.econbiz.de/10010516844
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid-1990s onwards, fallen significantly behind. Using...
Persistent link: https://www.econbiz.de/10010517186
In this paper we examine the performance of the Irish economy over the period 2008 to 2014. In particular we examine whether the recovery observed was due to the successful adoption of structural reforms in labour and product markets or whether the improved performance was due to a rebalancing...
Persistent link: https://www.econbiz.de/10011948264
Persistent link: https://www.econbiz.de/10011627100