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South Africa's leading economists adopt within this volume a sectoral approach in their analysis of the drastic changes that have occurred within the South African economy since 1970. The book illustrates how, despite its sophisticated infrastructure, the South African economy has shared in the...
Persistent link: https://www.econbiz.de/10011851545
This book contends that the East Asian financial constitution lacks an appropriate infrastructure, resulting in inefficient allocation of high savings and an over-inflated short-term debt market. It goes on to point out that despite high savings, East Asia's dependency on financial centers...
Persistent link: https://www.econbiz.de/10011851036
economic concerns in Japan's public sector. These include the macroeconomic incidence of fiscal decentralization, dependence on … government bonds for covering fiscal deficits, and social security reform. In analyzing Japan's underperforming public sector …, the authors develop and recommend policy solutions aimed at achieving Japan's growth potential, improving the quality of …
Persistent link: https://www.econbiz.de/10014474076