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Over the past 25 years, the share of employment accouted for bymanufacturing has fallen dramatically in the world …'s most advanced economies, a phenomenon widely referred to as ""deindustrialization.""Many see deindustrialization as …, deindustrialization should not be regarded as alarming, butrather as a natural consequence of continued economic growth within the …
Persistent link: https://www.econbiz.de/10014402759
. The paper first draws on the World Input-Output Database (WIOD) to document the dynamics of trade linkages between …
Persistent link: https://www.econbiz.de/10014410433
Diversification and structural transformation play important roles in influencing the macroeconomic performance of low-income countries (LICs). Increases in income per capita at early stages of development are typically accompanied by a transformation in a country's production and export...
Persistent link: https://www.econbiz.de/10014410661
Persistent link: https://www.econbiz.de/10014410689
As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selection of case studies on the structural reform experiences of member countries. These papers update the Board on work since the Triennial...
Persistent link: https://www.econbiz.de/10014408645
Experience shows that there is often ample room for more effective and efficient use of investment tax incentives in low-income countries. Tax incentives generally rank low in investment climate surveys in low-income countries, and there are many examples in which they are reported to be...
Persistent link: https://www.econbiz.de/10012644784
The central government publishes comprehensive financial statements, which include the social security funds and balance sheets with all financial assets and liabilities. Audited financial statements are published more than nine months after the end of the fiscal year. The 2004 Fiscal...
Persistent link: https://www.econbiz.de/10014410660
Persistent link: https://www.econbiz.de/10009424793
Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the effect is the endogeneity of the relation. In order to address this issue, this paper applies the identification through heteroskedasticity...
Persistent link: https://www.econbiz.de/10014401435
This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital acquisition. We use the standard system GMM approach as well as...
Persistent link: https://www.econbiz.de/10014396933