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Persistent link: https://www.econbiz.de/10005125608
services. Imports of goods must more or less be balanced by the export of domestically produced goods. How can a widespread … perception of decline be reconciled with a reality of growth? The answer is that the "decline" which is perceived is a decline in … domestic output of goods by and large keeps pace with the growth of GDP. This note summarises the statistical evidence for the …
Persistent link: https://www.econbiz.de/10005407637
Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …
Persistent link: https://www.econbiz.de/10005062412
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005062449
The effect of human capital on growth and development has been somewhat neglected in economic literature. However …. When compared to data, the model does well in explaining the rate of growth and the level of development (less robustly) as …, evidence has suggested the importance of engineering and technical skills to economic growth. Simultaneously, European …
Persistent link: https://www.econbiz.de/10005412820
internal Socio-Economic development target units, Pumping money and strengthening the defense of the assisted nation only …
Persistent link: https://www.econbiz.de/10005556940
market if it is profitable to do so. The economy evolves to a balanced growth path in which income, welfare, and the share of … restrictions will slow-down economic growth, while a decrease may give rise to a rapid catch-up process. The static costs of trade …
Persistent link: https://www.econbiz.de/10005561117
The Black Sea is a region of vital interest to the foreign investor. This study examines the six countries that border it (Russia, Ukraine, Georgia, Turkey, Romania, Bulgaria) and presents the financial outlook and the foreign direct investment performance of each state. The main focus is on the...
Persistent link: https://www.econbiz.de/10005118790
discuss model development within the historical context of emerging market inflationary studies and modern applied econometric …
Persistent link: https://www.econbiz.de/10005561202
the role of technology transfer in the development of emerging economies, but this perspective is clearly new. What needs …
Persistent link: https://www.econbiz.de/10005118886