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R&D Spillovers and Global Growth
Bayoumi, Tamim - 1996
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10015058362
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Beyond Macroeconomic Stability : The Quest for Industrialization in Uganda
Selassie, Abebe Aemro - 2008
Uganda has registered one of the most impressive economic turnarounds of recent decades. The amelioration of conflict and wide ranging economic reforms kick-started rapid economic growth that has now been sustained for some 20 years. But there is a strong sense in policy making circles that...
Persistent link: https://www.econbiz.de/10014409068
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The Pitfalls of Protectionism: Import Substitution vs. Export-Oriented Industrial Policy
Cherif, Reda - 2024
Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of the Asian Miracles succeeded. We argue that a key factor of success is industrial policy with export orientation in contrast to import substitution. Exporting encouraged...
Persistent link: https://www.econbiz.de/10015058581
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The Declining Importance of Tradable Goods Manufacturing in Australia and New Zealand
Hunt, Ben - 2009
In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the contribution of unbalanced growth to the decline in the share of goods production in Australia and New Zealand. The simulation results suggest that faster productivity growth in the tradable goods sector in...
Persistent link: https://www.econbiz.de/10012677711
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An Analysis of So-Called Export-led Growth
Yang, Jie - 2008
The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this paper, however, shows that the non-tradable sector may also generate high...
Persistent link: https://www.econbiz.de/10012677463
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Structural Transformation — How Does Thailand Compare?
Klyuev, Vladimir - International Monetary Fund (IMF) - 2015
Thailand stands out in international comparison as a country with a high dispersion of productivity across sectors. It has especially low labor productivity in agriculture—a sector that employs a much larger share of the population than is typical for a country at Thailand’s level...
Persistent link: https://www.econbiz.de/10011242215
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Growth and Structural Reforms
Christiansen, Lone Engbo - 2009
This paper presents a simultaneous assessment of the relationship between economic performance and three groups of economic reforms: domestic finance, trade, and the capital account. Among these, domestic financial reforms, and trade reforms, are robustly associated with economic growth, but...
Persistent link: https://www.econbiz.de/10012677526
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Advancing India’s Structural Transformation and Catch-up to the Technology Frontier
Alonso, Cristian - 2024
While India’s growth has been strong in recent decades, its structural transformation remains incomplete. In this paper, we first take stock of India’s growth to date. We find that economic activity has shifted from agriculture to services, but agriculture remains the predominant employer....
Persistent link: https://www.econbiz.de/10015080244
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The Elusive Quest for Inclusive Growth : Growth, Poverty, and Inequality in Asia
Balakrishnan, Ravi - 2013
This paper assesses how pro-poor and inclusive Asia's recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia … policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to …
Persistent link: https://www.econbiz.de/10014409435
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Asia Rising; A Sectoral Perspective
International Monetary Fund (IMF); International … - 2007
finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity …
Persistent link: https://www.econbiz.de/10005826110