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The spectacular growth of many economies in East Asia over the past 30years has impressed the economics profession, which often refers to thesuccess of the so-called Four Tigers of the region (Hong Kong, Korea, Singapore, and Taiwan Province of China) as ""miraculous."" This papercritically...
Persistent link: https://www.econbiz.de/10014402766
Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …
Persistent link: https://www.econbiz.de/10014408616
Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical … growth models for developing countries typically make no distinction between the private and public components of investment … public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries …
Persistent link: https://www.econbiz.de/10014396368
among the factors that have contributed most to delaying the private sector’s investment response and preventing a …
Persistent link: https://www.econbiz.de/10014396459
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
This Selected Issues paper reviews developments in health care spending in France and discusses the recent measures to … past reforms, the new measures offer a reasonable hope of containing France’s health expenditures. The paper presents a …
Persistent link: https://www.econbiz.de/10014397240
This Selected Issues paper addresses the question of what policy changes in France are needed under European Monetary … stabilizers in France under EMU. The main conclusions is that over the past two and a half decades, fiscal policy operated in a … clear countercyclical way in France, but this reflected essentially the functioning of automatic stabilizers …
Persistent link: https://www.econbiz.de/10014397924
This Selected Issues paper analyzes developments and issues in banking and financial markets in France. The paper … sequencing of financial sector modernization. The analysis concludes that, on balance, France has successfully modernized its …
Persistent link: https://www.econbiz.de/10014397996
This note estimates potential output for France during 1980–2010, using three distinct approaches, and discusses long … the features that hamper job growth, investment, and productivity growth. This paper analyzes the impact of Basel III …
Persistent link: https://www.econbiz.de/10014398380
assessment of France’s long-term fiscal position. The generational accounting framework is outlined, followed by a discussion of … its major limitations. The specific case of France, including the construction of the accounts, a discussion of key … parameters used, and the main findings are presented. The paper places France’s generational policy in an international …
Persistent link: https://www.econbiz.de/10014398399