that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …

volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and … key prerequisites for economic diversification …

Diversification and structural transformation play important roles in influencing the macroeconomic performance of low … a country's production and export structure. This can include diversification into new products and trading partners as …

Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a … a more competitive business environment, and enhancing productivity. The GCC countries are open to trade, but much less … are to upgrade human capital, increase productivity and competitiveness, improve the business climate, and reduce …

is relatively high, there is limited employment of nationals in the private sector, labor productivity has declined or … stagnated, and there is limited progress on economic diversification …

This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia''s remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …

as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital … trade volatility offset the positive impact of commodity booms; and export diversification of primary commodity abundant …