Showing 1 - 10 of 12
This paper makes the case that the growth trajectory of the Indian economy in the post-1991 liberalization period is … 1980s. This instability is a result of an investment-growth asymmetry that flows from a combination of a services …-intensive growth pattern and a manufacturing-intensive investment pattern. These in turn reflect the pattern of demand expansion within …
Persistent link: https://www.econbiz.de/10008497688
The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...
Persistent link: https://www.econbiz.de/10005836969
The present study examines the relationship between openness (trade-GDP ratio) and growth. Our cross-country panel data analysis of a sample 51 countries of the South during 1981-2002 shows that for only 11 rich and highly trade-dependent countries a higher real growth is associated with a...
Persistent link: https://www.econbiz.de/10005837295
Many emerging countries in recent decades have relied on a development strategy that focused primarily on promoting the manufacturing sector and the exports of manufactured goods. However, an acceleration of growth of output and employment in manufacturing has eluded India. This is despite the...
Persistent link: https://www.econbiz.de/10008642714
Notably, the 20th century was dominated by the legacy of devastating global wars, colonial struggles, and ideological conflicts as well as effort s to establish international systems that would foster global peace and prosperity. Yet, insecurity and corruption not only remain, they have become...
Persistent link: https://www.econbiz.de/10011112282
Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...
Persistent link: https://www.econbiz.de/10005836490
The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact … successive waves of investment have emerged during the eighties and produced a piling-up of productive systems. A wave of small … national enterprises and entrepreneurs, a second large wave of foreign direct investment from overseas Chinese mainly from Hong …
Persistent link: https://www.econbiz.de/10005837180
The aim of this article is to take stock of the theoretical debate and empirical findings concerning the impact of institutions on economic performance and the channels through which the institutional impact unfolds. The review is limited to work published until 2004 due to space limitations and...
Persistent link: https://www.econbiz.de/10008683303
investment and configuration costs as well as interactive global reach) potentially could play a pivotal role in enabling …
Persistent link: https://www.econbiz.de/10011107828
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620