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in 'growth drivers' which can account for differences in supply-side performance, especially in periods in which major …
Persistent link: https://www.econbiz.de/10009649627
generalized case, on the demand effect of NPCE growth and on changes in the private savings ratio. In the present paper the term …, the private savings ratio does depend on GDP, especially on the distribution of disposable GDP between undistributed … growth and private savings in the USA and in Japan between 1960 and 2000 is investigated in the paper. The results of the …
Persistent link: https://www.econbiz.de/10009649655
The paper analyses the joint determinants of inequality and growth with a special emphasis on public spending … structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major … growth as several of the government expenditure items seem to act counter-cyclically. In the late 1990s and early 2000s the …
Persistent link: https://www.econbiz.de/10008690324
growth, high interest rates and unsustainable debt. In the latter three countries, as well as in the Baltic countries, the … these aspects have lasting level effects and recovery can be very protracted. Export-led growth was an important feature of …-crisis imbalances (Romania, Bulgaria and the Baltic countries) enjoyed reasonable export growth during that period, while other …
Persistent link: https://www.econbiz.de/10010686208
CEEC Growth Still Overtakes Western Europe - Summary Economic growth in Central and East European countries (CEECs) in 2007 … distinction between these two country groups has been in the sectoral patterns of growth the main growth engine was industry in …' growth prospects in 2008 only marginally. The speed of their real convergence to the EU 15 will most probably stay at around …
Persistent link: https://www.econbiz.de/10010686210
recovered from the crisis; most of them recorded positive GDP growth rates. On average, their exports have been growing at an … economic growth over the period of 2011-2013, usually not exceeding 4 per cent p.a. GDP growth will become more broadly based … investments will ultimately contribute positively to GDP growth. With exports, industrial output levels and eventually also GDP …
Persistent link: https://www.econbiz.de/10010686211
scarce. The same is true for countries where a wide gap between interest rates for domestic and foreign borrowing had seduced …
Persistent link: https://www.econbiz.de/10010686215
Republic, Hungary, Slovenia and nearly all Western Balkan countries. Elsewhere in the region, growth continued but was …, Poland, Ukraine and Turkey), growth dynamics has been progressively decelerating since the second half of 2012. The weakness … environment characterised by weak demand. This year, economic growth in the CESEE countries is likely to pick up slightly …
Persistent link: https://www.econbiz.de/10010686216
was an exception, as its GDP growth decelerated without coming to a complete halt in 2009. This had quite an impact as the … other country where growth did not stop entirely was Albania. In sharp contrast to these two countries, the Baltic countries … two extremes. It is rather unlikely that the CEECs will any time soon be returning to GDP growth rates as high as those …
Persistent link: https://www.econbiz.de/10010686218
The article analyses the joint determinants of inequality and growth with a special emphasis on public spending … structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major … result of this paper. In terms of public spending items we find a positive correlation with equity and a negative with growth …
Persistent link: https://www.econbiz.de/10010765705