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Emerging Markets in Transition: Growth Prospects and Challenges
Cubeddu, Luis M.; Culiuc, Alexander; Fayad, Ghada; Gao, Yuan - International Monetary Fund (IMF) - 2014
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
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Enhancing China’s Medium-Term Growth Prospects; The Path to a High-Income Economy
Nabar, Malhar; Papa M'B. P. N'Diaye - International Monetary Fund (IMF) - 2013
probability of stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away … from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward … the level of high income economies. Evidence from China’s provinces indicates that there is room to improve productivity …
Persistent link: https://www.econbiz.de/10011242319
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The Location of Domestic and Foreign Production Affiliates by French Multinational Firms
Méjean, Isabelle; Mayer, Thierry; Nefussi, Benjamin - International Monetary Fund (IMF) - 2010
to invest abroad is positively related to their productivity and the size of their intangible assets. …
Persistent link: https://www.econbiz.de/10011242345
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Export Versus FDI in Services
International Monetary Fund (IMF); International … - 2010
In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve foreign customers by exporting, or by producing abroad. We consider the case of...
Persistent link: https://www.econbiz.de/10008777034
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Guyana; Why Has Growth Stopped? An Empirical Studyon the Stagnation of Economic Growth
Gold, Judith; Atoyan, Ruben; Staritz, Cornelia - International Monetary Fund (IMF) - 2007
productivity, and than uses a panel regression framework to analyze the growth impact of changes in various factors. Finally …
Persistent link: https://www.econbiz.de/10005769050
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Competitiveness in the Southern Euro Area; France, Greece, Italy, Portugal, and Spain
Lissovolik, Bogdan; Escolano, Julio; Fabrizio, Stefania; … - International Monetary Fund (IMF) - 2008
(sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors … and FDI could improve productivity and export performance. …
Persistent link: https://www.econbiz.de/10005605063
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Multinational Enterprises, International Trade, and Productivity Growth; Firm-Level Evidence From the United States
Yeaple, Stephen R.; Keller, Wolfgang - International Monetary Fund (IMF) - 2003
(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10005263684
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The Pacific Speed of Growth; How Fast Can It Be and What Determines It?
Yang, Yongzheng; Chen, Hong; Singh, Shiu raj; Singh, Baljeet - International Monetary Fund (IMF) - 2013
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
Persistent link: https://www.econbiz.de/10011242206
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The Growth Comeback in Developing Economies; A New Hope or Back to the Future?
Bluedorn, John C; Duttagupta, Rupa; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2013
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...
Persistent link: https://www.econbiz.de/10011242243
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Frontiers of Monetary Policymaking: Adding the Exchange Rate as a Tool to Combat Deflationary Risks in the Czech Republic
Alichi, Ali; Benes, Jaromir; Felman, Joshua; Feng, Irene; … - International Monetary Fund (IMF) - 2015
The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange rate regime to the frontiers of Inflation-Forecast Targeting. It then focuses on the CNB’s recent experience in adding the exchange rate as a complementary monetary policy tool to stimulate...
Persistent link: https://www.econbiz.de/10011242190