Showing 1 - 10 of 4,786
This paper investigates the impact of foreign aid, external debt and governance on the economic growth by extending the … governance encourage the economic growth but external debt creates a burden on the economy. Both investment and saving are … direct positive impact on the savings in the economy. Therefore, it is argued that improvements in the quality of governance …
Persistent link: https://www.econbiz.de/10010744027
This paper analyzes the impact of financial openness on the size of the government in a stochastically growing small open economy when public spending is productive and volatility-reducing using a portfolio approach. The main result of the model is that economies that are more open are...
Persistent link: https://www.econbiz.de/10009355556
Much of the convergence of the Latvian economy needs to come from productivity increases. To achieve this, policy makers should do more to facilitate the integration of the economy into global trade and promote competitive business environment. By benchmarking Latvia vis-à-vis the other Baltic...
Persistent link: https://www.econbiz.de/10011399642
In diesem Beitrag wird die Beziehung zwischen der Schuldenquote des Staates und dem realen BIP-Wachstum pro Kopf für die Mitgliedstaaten des Euroraums und einer Reihe weiterer Industrieländer untersucht. Dabei wird zwischen Perioden eines nachhaltigen und nicht-nachhaltigen Schuldenstandes...
Persistent link: https://www.econbiz.de/10011285713
This paper examines the effect of land market liberalization on the dynamics of capital accumulation. It is shown that the land market liberalization, which is accompanied with the transfer of agricultural technology, may not always offer a “win‐win” outcome for developed and developing...
Persistent link: https://www.econbiz.de/10009766230
This paper contributes new empirical evidence on the relationship between productivity and international trade. This is accomplished using an econometric approach that combines input-output and productivity data, which allows a more detailed tracking of the relationship between trade in...
Persistent link: https://www.econbiz.de/10009775449
In der Juliausgabe veröffentlichte der Wirtschaftsdienst einen Aufsatz von Georg Erber mit dem Titel „Irrungen und Wirrungen mit der Leistungsbilanzstatistik“. Dazu äußert sich Jan Priewe kritisch. Anschließend stellt Georg Erber in einer Erwiderung seine Sicht dar.
Persistent link: https://www.econbiz.de/10009689201
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10009696098
union (EMU). The analysis is based on the neoclassical growth model of a small (in economic terms) open economy in an EMU … mobility of goods, which leads to the convergence of price levels. The model is based on standard neoclassical assumptions, i …
Persistent link: https://www.econbiz.de/10010228515
Recent contributions to the growth literature have argued that the structure of an economy, as measured by its productive capabilities, is a key determinant for inter-country differences in development. Productive capabilities have been shown to be highly predictive of future economic growth,...
Persistent link: https://www.econbiz.de/10010230700