Showing 1 - 10 of 26
While economic growth has been cited as one of the main factors behind the reduction in absolute poverty, the … persisting problem of poverty in developing countries has raised doubts about the efficacy of economic growth in its reduction …. Recent evidence revealed that growth in Asia has been accompanied by an increase in relative poverty, or income inequality …
Persistent link: https://www.econbiz.de/10011111446
This paper analyses the relationship between financial development (as measured by expansion of domestic credit to private sector relative to GDP) and growth for a sample of 65 less developed countries over a long period, 1980-2006. Using causality tests at various lag-orders we find a strong...
Persistent link: https://www.econbiz.de/10009277852
We show that contract-intensive industries particularly thrive both in countries with high initial level of financial development and in the US states that deregulated their banking sector. These industries use high share of relationship-specific inputs that can be purchased only via specific...
Persistent link: https://www.econbiz.de/10005000012
We show that contract-intensive industries grow disproportionately faster both in countries with a high initial level of financial development and in the US states which deregulated their banking sector. These industries use a high share of relationship-specific inputs that can be purchased only...
Persistent link: https://www.econbiz.de/10005026629
categories—in the case of nonfinancial listed firms in Pakistan for the period 2008–10. We make a significant distinction between …
Persistent link: https://www.econbiz.de/10011260986
decomposition of real GDP of Pakistan reveals that the Pakistan’s economy has a declining growth in long-run trend since early 1980s … that however, is expected to start rising in 2001-02. Pakistan is also facing a recessionary phase of third business cycle …
Persistent link: https://www.econbiz.de/10005787051
This paper investigates relationship between institutional quality and economic performance in Pakistan using the …
Persistent link: https://www.econbiz.de/10008567653
This paper presents an index of institutionalized social technologies for Pakistan, covering its two main dimensions … for Pakistan. . Therefore for a policy implication, success of any policy could be influenced by the soundness of …
Persistent link: https://www.econbiz.de/10008567670
Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa’s economy is the least...
Persistent link: https://www.econbiz.de/10011259767
This analytical review explores the links between growth, poverty and inequality in Sudan for the period 1956 … GDP per capita growth- and inequality as measured by Gini coefficient (the growth, inequality and poverty triangle …) whether growth, inequality and poverty are cointegrated, ii( whether growth Granger causes inequality, iii) and whether …
Persistent link: https://www.econbiz.de/10009647456