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, total factor productivity levels and productivity growth. Africa's conditional advantage is higher in low-tech than in high … political party remains in power, the lower are firm productivity levels, growth rates, and sales growth for manufacturing. In …
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This book presents selected papers from the ABCDE Meetings, held May 17 -18, 2007 in Bled, Slovenia. Hosted by the World Bank and Government if Slovenia, more than 400 experts from countries around the world met to deliberate the theme: Private Sector and Development. This volume presents papers...
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"The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to...
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, they also tend to suppress incentives, misallocate resources, and make the economy inefficient. "--World Bank web site …
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As strategies for achieving sustainable growth in developing countries are re-examined in light of the financial crisis, it is critical to take into account structural change and its corollary, industrial upgrading. Economic literature has devoted a great deal of attention to the analysis of...
Persistent link: https://www.econbiz.de/10011394491
Active economic policies by developing countries’ governments to promote growth and industrialization have generally been viewed with suspicion by economists, and for good reasons: past experiences show that such policies have too often failed to achieve their stated objectives. But the...
Persistent link: https://www.econbiz.de/10011394607