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Persistent link: https://www.econbiz.de/10011244187
The Poverty Reduction Strategy Papers (PRSPs) of Grenada outline the issues raised in the Joint Staff Assessment. In the area of poverty diagnostics, a more detailed discussion of poverty based on updated poverty data is provided. The PRSP will describe the links between poverty, growth, and...
Persistent link: https://www.econbiz.de/10011244707
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
fostering economic growth and development. This paper provides a selective review of the literature, as well as new empirical … evidence on the relationship between financial development and economic growth for a large cross-section sample of countries …. While the results indicate that the effect of financial development on growth is positive, the size of the effect varies …
Persistent link: https://www.econbiz.de/10005263653
This paper investigates the main postulations of the R&D based growth models that innovation is created in the R&D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of R&D. The analysis employs various panel data techniques and...
Persistent link: https://www.econbiz.de/10005826633
Persistent link: https://www.econbiz.de/10005767349
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...
Persistent link: https://www.econbiz.de/10005769087
with higher levels of financial development and better institutions. …
Persistent link: https://www.econbiz.de/10005769199
negatively correlated with countries' levels of development. …
Persistent link: https://www.econbiz.de/10005769233
While production of ICT equipment plays a subordinate role for economic growth in most of these countries, they do benefit from capital deepening arising from falling prices of ICT equipment. Adapting established growth accounting approaches to the data environment of low-income countries, we...
Persistent link: https://www.econbiz.de/10008470403