This paper reinterprets a simple model of growth and fluctuations across many economies to allow for the explicit …, little convergence. The analysis uncovers some `convergence club'-like dynamics, and reveals the wide diversity in growth …

time and/or countries. We demonstrate this argument by identifying structural breaks in growth regressions estimated with …-oriented reforms. We find robust evidence that the pattern of growth in transition has changed at least two times, yielding thus three … different models of growth associated with different stages of reform. The speed with which individual countries progress …

economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth. …

economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth.<P>En marche pour la prospérité : Réformer pour poursuivre le rattrapage en Chine<BR>La Chine est bien placée pour ne …

renminbi (RMB) undervaluation; presents evidence on RMB undervaluation and China’s GDP growth rate; surveys the role of the … real effective exchange rate – both its level and its stability over time – for underpinning growth in developing countries …, especially in large dual economies such as China and India; finally, the paper presents new evidence on growth linkages between …

of structural change on economic growth. -- Baumol's disease, productivity growth, Switzerland …