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We examine the issue of technical assistance versus brain drain repatriation as alternative strategies for transferring scarce skills to a skill-poor economy. Technical assistance relies mainly on expatriate skills and labor from the host country, while brain drain repatriation seeks to effect a...
Persistent link: https://www.econbiz.de/10014400864
This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...
Persistent link: https://www.econbiz.de/10014396208
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 paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human...
Persistent link: https://www.econbiz.de/10014395877
This paper argues that the development of human capital in the public sector should be an important ingredient in any proposed set of “second-generation” reforms for Africa. In the post-colonial era the quality of governance has seriously declined, and the stock of human capital in the...
Persistent link: https://www.econbiz.de/10014401612
Spain (Spain), amendments to the 2010 NPA with the Government of Japan (Japan), and a new note purchase agreement (NPA) with … the People's Bank of China (China). The new borrowing agreement with Spain, the amendments to the NPA with Japan, and the … February 22, 2017, for Spain; April 20, 2017, for Japan; and April 21, 2017, for China. Pursuant to Section III, paragraph 2 of …
Persistent link: https://www.econbiz.de/10014408739
This 2001 Article IV Consultation highlights that the economy of Spain grew by more than 4 percent annually during 1997 …
Persistent link: https://www.econbiz.de/10014406337
Spain has achieved impressive growth in recent years—reflecting favorable competitiveness, and the impact on interest …
Persistent link: https://www.econbiz.de/10014402845
Spain’s economy is facing severe challenges. Financial market tensions increased sharply in the wake of the Greek …
Persistent link: https://www.econbiz.de/10014402943
principles of securities regulation in Spain. Spain exhibits a high level of implementation of principles. The legal framework is …
Persistent link: https://www.econbiz.de/10014396424