Showing 1 - 10 of 4,511
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276725
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276784
Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly due to the importance of red tape and the level...
Persistent link: https://www.econbiz.de/10011276785
between economic policies and the growth record is examined. Although a gradual reduction in macroeconomic distortions was …-market allocation of resources and allowed Spain to accelerating growth and catching up with Western Europe. Without the 1959 Plan, per …
Persistent link: https://www.econbiz.de/10008468511
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010785251
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …
Persistent link: https://www.econbiz.de/10008462847
In the 3 years before the 2008 Financial Crisis, GDP growth in sub Saharan Africa (averaged over individual economies …) was around 6%, or 2 percentage points above mean growth rates for the preceding 10 years. This period also coincided with … these years. We use growth accounting methods to assess what portion of this elevated growth can be attributed to Chinese …
Persistent link: https://www.econbiz.de/10009353488
Long seen as artificial barriers inherited from decolonisation, West African borders now lie at the heart of policies designed to encourage regional trade and combat political instability. This rediscovery of the peripheries of the nation state has fostered a proliferation of institutional...
Persistent link: https://www.econbiz.de/10011730171
Longtemps considérées comme des obstacles artificiels hérités de la décolonisation, les frontières ouest-africaines sont aujourd’hui au cœur des politiques visant à favoriser les échanges inter-régionaux et à lutter contre l’instabilité politique. Cette redécouverte des marges...
Persistent link: https://www.econbiz.de/10012454398
This paper examined an empirical investigation of whether financial development can boost economic growth in Tunisia …. We used an Autoregressive Distributed Lag method to assess the finance-growth relation taking private credit, value …
Persistent link: https://www.econbiz.de/10010939739