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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced 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...
Persistent link: https://www.econbiz.de/10011277005
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Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (Bace) Approach
Doppelhofer, Gernot; Miller, Ronald I.; Sala-i-Martin, … - Economics Department, Organisation de Coopération et … - 2000
This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...
Persistent link: https://www.econbiz.de/10005046029
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Boosting Growth and Reducing Informality in Mexico
Dougherty, Sean - Economics Department, Organisation de Coopération et … - 2015
Mexico has embarked on a bold package of structural reforms that will help it to break away from three decades of slow growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure and the tax...
Persistent link: https://www.econbiz.de/10011274591
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A Constant Market Share Analysis of Spanish Goods Exports
Pandiella, Alberto González - Economics Department, Organisation de Coopération et … - 2015
goods exports into competitiveness and structural effects (i.e. the impact of specialisation, either in product or … to which Spain exports, with a large-weight on relatively slow-growing areas and a small weight on fast-growing emerging … countries, has exerted a negative impact on Spanish exports. In the same vein, the product structure, focused on relatively slow …
Persistent link: https://www.econbiz.de/10011276857
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Exports and Property Prices in France: Are They Connected?
Égert, Balázs; Kierzenkowski, Rafal - Economics Department, Organisation de Coopération et … - 2010
France has seen a marked deterioration in its export performance in the last 10 years or so. Previous empirical research pointed out that weak export performance was due to i) vigorous domestic demand; ii) lower mark-ups due to head-to-head competition with Germany; iii) low non-price...
Persistent link: https://www.econbiz.de/10008542498
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Promoting Social Cohesion in Korea
Jones, Randall S.; Urasawa, Satoshi - Economics Department, Organisation de Coopération et … - 2012
Korea faces the challenge of reversing rising inequality while sustaining robust economic growth. Welltargeted increases in Korea’s low level of social spending are needed to fill holes in the safety net, especially for the elderly. The development of social security depends on closing gaps in...
Persistent link: https://www.econbiz.de/10011276792
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Sustaining Korea's Convergence to the Highest-Income Countries
Jones, Randall S.; Urasawa, Satoshi - Economics Department, Organisation de Coopération et … - 2012
While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s. Sustaining growth requires policies to mitigate the impact of rapid population ageing...
Persistent link: https://www.econbiz.de/10011276834
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Policies for Inclusive Urbanisation in China
Koen, Vincent; Herd, Richard; Wang, Xiao; Chalaux, Thomas - Economics Department, Organisation de Coopération et … - 2013
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10011276950
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Improving Access and Quality in the Indian Education System
Hill, Sam; Chalaux, Thomas - Economics Department, Organisation de Coopération et … - 2011
Education has been given high priority by India’s central and state governments and continues to grow fast. School access has been expanded by investment in school infrastructure and recruitment of teachers. In higher education too, the number of providers continues to rise rapidly. A new law...
Persistent link: https://www.econbiz.de/10009224863
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Fiscal Prospects and Reforms in India
Herd, Richard; Hill, Sam; Koen, Vincent - Economics Department, Organisation de Coopération et … - 2011
Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act. While deficits widened anew in 2008 and 2009, against the backdrop of the global financial and economic crisis, efforts to reduce them have resumed since. To ensure...
Persistent link: https://www.econbiz.de/10009364448