Showing 1 - 10 of 154
No country has achieved sustained economic development without investment in education. Thus, education policy can play … a vital role in facilitating development. But which types of schooling-secondary or tertiary-should public policy … stock determines a country's development. Hence, promoting the "wrong" type of schooling can have little effect on …
Persistent link: https://www.econbiz.de/10005599470
Estimates of the current and future structure of employment in sub-Saharan Africa (2005–20) are obtained based on … household survey estimates for 28 countries and an elasticity-type model that relates employment to economic growth and … employment, means that even if sub-Saharan Africa realizes another decade of strong growth, the share of labor force employed in …
Persistent link: https://www.econbiz.de/10011242333
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities and the distribution of wealth matter for the migration...
Persistent link: https://www.econbiz.de/10005826021
India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies …. While the importance of services rather than manufacturing is widely noted, within manufacturing India has emphasized skill …
Persistent link: https://www.econbiz.de/10005826605
The paper reviews the “stylized facts” on economic growth gathered by Easterly and Levine in their 2001 joint paper and illustrates some of the points made on the basis of data from the IMF’s World Economic Outlook on real growth and per capita GDP since 1970. The data show that the growth...
Persistent link: https://www.econbiz.de/10005825901
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
Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted … performance in the region. Using the latest cross-country data, this study empirically readdresses the question of whether …
Persistent link: https://www.econbiz.de/10005263757
This paper elaborates on a number of key principles that need to underpin a coherent and development …
Persistent link: https://www.econbiz.de/10005826269
declines. Monetary policy, financial development, per capita GDP, and the de jure exchange rate classification matter less …
Persistent link: https://www.econbiz.de/10005826402
behavior of the strong toward the weak, in preconditions for economic development. …
Persistent link: https://www.econbiz.de/10005826516