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Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will belarger than that of the United States. This pamphlet analyzes the reasonsfor the...
Persistent link: https://www.econbiz.de/10014403126
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10014396933
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395945
In the aftermath of the revolution of 2011, Libya faces the complex task of rebuilding its economy, infrastructure, and institutions, and responding to the demands of the population, especially for improved governance. The conflict that accompanied the revolution had a severe impact on the...
Persistent link: https://www.econbiz.de/10014396143
This paper discusses key findings of the 2005 Status Report on Poverty Reduction Strategy Paper (PRSP) on Niger. The report is based on an assessment of economic and financial performance and sectoral policy and strategy implementation in 2005. The findings reveal that implementation of the...
Persistent link: https://www.econbiz.de/10011244221
This strategic paper discusses Ethiopia’s growth and transformation plan (GTP) for the periods 2010/2011 and 2014/2015. The basis for the GTP has been the policy matrix, which is the benchmark placed in the government's existing Welfare Monitoring and Evaluation (M&E) System since 1996....
Persistent link: https://www.econbiz.de/10011245487
This paper discusses implementation of the Poverty Reduction Strategy Paper (PRSP) in Mauritania. The second phase of the PRSP is accompanied by a Medium-Term Expenditure Framework (MTEF) for 2006–10. MTEF determines the overall cost of the action plan in terms of both current and capital...
Persistent link: https://www.econbiz.de/10011244127
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 …
Persistent link: https://www.econbiz.de/10014403602
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 …
Persistent link: https://www.econbiz.de/10014401163
collapsing investment and shrinking employment. Sharp declines in productivity, reflecting in part transition-related factors …
Persistent link: https://www.econbiz.de/10014399817