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Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in...
Persistent link: https://www.econbiz.de/10011374753
inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …
Persistent link: https://www.econbiz.de/10012517949
We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …
Persistent link: https://www.econbiz.de/10012518975