Showing 1 - 10 of 40
innovate in equilibrium, in an attempt to force followers out of the innovation game. Second, policies (such as patents) that …I construct an endogenous growth model where R&D is carried out at the industry level in a game of innovation between … leaders and followers. Innovation costs for followers are assumed to increase with the technological lag from leaders. We …
Persistent link: https://www.econbiz.de/10008876600
This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and poverty. The results for 2007–10...
Persistent link: https://www.econbiz.de/10011244377
This Selected Issues paper aims to present a medium-term reform strategy that could be pursued by Libya to accelerate its transition to a market economy. The paper reviews the main characteristics of the Libyan economy, and medium-term prospects under current policies. It examines the priority...
Persistent link: https://www.econbiz.de/10011245827
innovation policies are specific measures supported by the authorities. External and financial shocks received by Germany and …
Persistent link: https://www.econbiz.de/10011245844
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
Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...
Persistent link: https://www.econbiz.de/10005252532
The discussions focused on reviewing the reforms that were implemented since the last consultation, policies for the remainder of the year as well as the parameters of the 2004 program, and the medium-term outlook. Executive Directors encouraged the exchange and monetary systems, but additional...
Persistent link: https://www.econbiz.de/10005252785
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10005264015
This paper elaborates on a number of key principles that need to underpin a coherent and development-friendly architecture for the WTO. The key principles include enlarging the scope of WTO bargaining to include labor flows as well as capital flows; creating a structure that would provide a...
Persistent link: https://www.econbiz.de/10005826269
The paper analyses the potential trade impact of the forthcoming East African Community (EAC) customs union. It examines the trade linkages among the member countries of the EAC and the extent to which the introduction of the EAC common external tariff will liberalize their trade regimes. To...
Persistent link: https://www.econbiz.de/10005826317