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This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for …. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and … world economy. The answer is that rapid growth in China already supports growth elsewhere, so far primarily as a market for …
Persistent link: https://www.econbiz.de/10005033242
This study shows that China.s post-1949 state-led industrialization has closely followed an underlying path that began …
Persistent link: https://www.econbiz.de/10009366424
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and competition. Combined with high transport costs, essential inputs become prohibitively expensive. Breaking the coordination problem requires pio
Persistent link: https://www.econbiz.de/10010854445
After the Second World War, Mozambique went through a series of transformations, from an incipient industrializing colonial society to an independent country with a central planned economy, plus a regional and internal war, and finally from 1994 onwards,
Persistent link: https://www.econbiz.de/10010854546
Persistent link: https://www.econbiz.de/10005001232
development, it is not sufficient. Both trade and foreign direct investment create innovation assymetries hindering lagging … conflict of interest between supporting human capital investment and innovation. If only innovation is supported, the human … capital trap will persist. If mainly human capital investment is pursued, technology levels will fall behind; switching to …
Persistent link: https://www.econbiz.de/10005001378
Persistent link: https://www.econbiz.de/10005059863
This paper introduces a discrete-time intertemporal investment model in which the flow of profits affects the risk …
Persistent link: https://www.econbiz.de/10005059996
Persistent link: https://www.econbiz.de/10005031829
benefit from globalization. This paper focuses on one aspect of globalization ? the liberalization of investment policies …, liberalization has a significant and positive effect on investment. Second, liberalization does not have a direct impact on … multinational employment. By increasing investment and employment from multinational firms, these liberalization programmes …
Persistent link: https://www.econbiz.de/10005033162