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and vulnerable to external shocks.This report strives to analyze the main challenges for economic diversification from a … productivity angle.In looking at a set of high-growth economies of the past, the Growth Report 2008 identified common … total factor productivity to growth is on a declining path.The structural shift of the Ghanaian economy into services and …
Persistent link: https://www.econbiz.de/10012646743
. Chapter 3 evaluates the current and future potential for economic and export diversification. Chapter 4 examines the …
Persistent link: https://www.econbiz.de/10012647146
Over the last decade, Ecuador experienced inclusive growth fueled by a favorable external environment that financed a vast expansion of the public sector. The country is now facing severe external and fiscal challenges due to the significant extended fall in oil prices and the appreciation of...
Persistent link: https://www.econbiz.de/10012247039
Iraq is at a crossroads. Almost two decades after the 2003 war, the country remains caught in a fragility trap, facing increasing political instability, growing social unrest, and a deepening state-citizen divide. Amid a multitude of crises-including an oil price shock, the COVID-19 pandemic,...
Persistent link: https://www.econbiz.de/10012644303
. Economic diversification is a key component of that strategy. The country economic memorandum (CEM) report discusses how the … emergence of oil and mineral production can contribute to Uganda's effort to promote economic diversification as a means to … a development and diversification strategy, which the Ugandan government may wish to consider in the design of its …
Persistent link: https://www.econbiz.de/10012644430
This report describes the key policies for Mali to succeed leveraging growth with export diversification. For many … investors away. Hence, it has outlined a strategy to achieve this vision centered on the diversification of its economy (and …
Persistent link: https://www.econbiz.de/10012646186
Economic development critically involves diversification and structural transformation-that is, the continued, dynamic … comparison with Sub-Saharan Africa. Much of the progress has occurred through diversification along the 'extensive margin', that …, diversification into products with longer "quality ladders" may be a necessary first step before large gains from quality improvement …
Persistent link: https://www.econbiz.de/10012245917
A country's productive structure and competitiveness are harbingers of growth. Growth is a dynamic process based on capabilities that are difficult to define and measure across countries. This paper uses a global measure of fitness (or complexity-weighted diversity of production) as a method to...
Persistent link: https://www.econbiz.de/10012245966
-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for …
Persistent link: https://www.econbiz.de/10012230763
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. It uses a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of...
Persistent link: https://www.econbiz.de/10012257050