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This paper examines the impact of international trade on industrialization in developing agricultural economies. The … policymakers in these economies have often argued when trying to promote industrialization by restricting trade. The paper presents …
Persistent link: https://www.econbiz.de/10014400546
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...
Persistent link: https://www.econbiz.de/10011436763
Persistent link: https://www.econbiz.de/10011282724
External conditions have been found to influence the tendency of emerging market and developing economies to experience episodes of growth accelerations and reversals. In this paper we study the role of domestic policies and other structural attributes in amplifying or mitigating the effect that...
Persistent link: https://www.econbiz.de/10012102045
Using a comprehensive database on bank credit, covering 135 developing countries over the period 1960�2011, we identify, document, and compare the macro-economic dynamics of credit booms across low-and middle-income countries. The results suggest that while the duration and magnitude of credit...
Persistent link: https://www.econbiz.de/10014411922
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 of income. This suggests large potential productivity gains from labor reallocation …
Persistent link: https://www.econbiz.de/10011281928
Persistent link: https://www.econbiz.de/10009419723
Persistent link: https://www.econbiz.de/10010389478
Thailand. They find strong evidence that financial liberalization, rather than financial deepening, improves allocative …
Persistent link: https://www.econbiz.de/10014404168
effects of world interest rate shocks on real activity in Thailand. The analysis incorporates balance sheet related credit … market frictions into the IMF’s Global Economy Model (GEM) and finds that Thailand would best minimize the adverse effects of …
Persistent link: https://www.econbiz.de/10014400408