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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
convergence in productivity levels within most industries across OECD countries. Convergence is however stronger in services than …We analyse the impact of innovation activity and product and labour market institutions on multi-factor productivity in … of innovation activity (proxied by R&D expenditure) on productivity depends on market structure and technological …
Persistent link: https://www.econbiz.de/10005046184
convergence. From the Russian crisis in 1998 to the great recession in 2009 Estonia gained an impressive 20% in GDP per capita … relative to the EU27 average in PPPs. Like the other Baltic economies, however, a considerable part of earlier convergence … less affected by the crisis and have been able to maintain most of their convergence gains. Moreover, prior to the …
Persistent link: https://www.econbiz.de/10009146865
Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession … raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem … quality rather than block grants. Productivity performance could be enhanced by exposing sectors like health provision …
Persistent link: https://www.econbiz.de/10011276818
sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less … formal and low-productivity entities. This hampers efficient resource allocation and tends to entrench social inequalities … to be overcome to raise productivity in the informal, low-skill and low-productivity sector, and to facilitate resource …
Persistent link: https://www.econbiz.de/10011276955
declining. Manufacturing has not brought much new employment, and most of the recent rise in manufacturing employment has been … in the informal sector, where workers are not covered by social security arrangements.<P> Productivity of the … would increase productivity and make growth more inclusive, while contributing to improved current account balance. In …
Persistent link: https://www.econbiz.de/10011276811
Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically …
Persistent link: https://www.econbiz.de/10011276949
, which has provided a significant boost to growth, productivity, competitiveness, profits and (more controversially …) aggregate employment. Indeed, among the older EU member states, Austria has benefited the most from the transition of the …
Persistent link: https://www.econbiz.de/10005045869
government employees in a number of OECD countries. Under alternative scenarios for future public employment policies, available …. Alternatively, productivity in the government sector would have to increase substantially.<P>Conséquences sur le marché du travail …
Persistent link: https://www.econbiz.de/10005046082
-manufacturing sectors could boost aggregate labour productivity levels by several per cent over the next decade in many OECD countries, and … legislation could also raise productivity growth for a while in many OECD and non-OECD G20 countries, although the effects are … systems could raise employment rates by several percentage points in a number of OECD countries over a 10-year horizon. Large …
Persistent link: https://www.econbiz.de/10008799707