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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
collapsing investment and shrinking employment. Sharp declines in productivity, reflecting in part transition-related factors …
Persistent link: https://www.econbiz.de/10005263697
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10009650613
This Selected Issues paper attempts to analyze the end-point problem and improve the quality of potential GDP estimates for Germany. It projects that Germany’s potential GDP growth will slow over the coming decade, mainly because of declining labor input. The paper focuses on a long-term...
Persistent link: https://www.econbiz.de/10005825173
growth from total factor productivity has been minor, while the high population growth poses a significant challenge to …
Persistent link: https://www.econbiz.de/10005825438
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/10005826110
This paper estimates potential growth in the Philippines using different methodologies, and discusses growth prospects for the medium term. Several approaches can be used to estimate potential growth. It also describes a forecasting and monetary policy analysis system (FPAS) model. Using the...
Persistent link: https://www.econbiz.de/10011243322
the features that hamper job growth, investment, and productivity growth. This paper analyzes the impact of Basel III …
Persistent link: https://www.econbiz.de/10011243347
This Selected Issues paper on Papua New Guinea reports that although economic cycles have generally paralleled the many mineral sector booms and busts, the downward trend in growth rates may reflect other factors. Papua New Guinea’s economy is dominated by a large labor-intensive...
Persistent link: https://www.econbiz.de/10011243726