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Province of China) as ""miraculous."" This papercritically reviews the reasons alleged for this extraordinary growth.It weighs …
Persistent link: https://www.econbiz.de/10014402766
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 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
According to the fifth review of the Poverty Reduction and Growth Facility (PRGF) arrangement, the Haitian authorities remain committed to macroeconomic stability under the program. On completion of the fifth review of the PRGF, they requested a new three-year Extended Credit Facility (ECF)...
Persistent link: https://www.econbiz.de/10014399093
This paper gauges the potential effects on employment of rebalancing China''s exportoriented growth model toward … existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China''s case … paper shows that while rebalancing China''s growth toward a domestic-demand-led economy would likely raise aggregate …
Persistent link: https://www.econbiz.de/10014402469
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
the People's Bank of China (China). The new borrowing agreement with Spain, the amendments to the NPA with Japan, and the … new NPA with China provide new resources of SDR 450 million, SDR 1.8 billion and SDR 800 million, respectively, to 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 paper describes economic developments in the People’s Republic of China during 1996–97. In 1996, the authorities …
Persistent link: https://www.econbiz.de/10014397253
to be put in place following the transfer of sovereignty over Hong Kong to China in 1997. International treaties between … Britain and China from the nineteenth century are reviewed. The paper discusses Hong Kong’s current and future constitutional …
Persistent link: https://www.econbiz.de/10014397256
This paper reviews macroeconomic developments in China in 1994 and 1995, in particular the progress achieved during …
Persistent link: https://www.econbiz.de/10014397264