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Tunisia is considered one of the best performing countries in terms of economic growth among countries in the Middle East and North Africa. During the past 30 years, this growth was 5% on average. At the same time, the country has opted very early for a very pronounced policy of opening to the...
Persistent link: https://www.econbiz.de/10009644781
A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10011260788
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
This paper explores a 3×3 full-employment H-O-S model with tariff-protection in the capital-intensive import-competing sector and inflows of FDI (foreign direct investment) to an export sector (using foreign capital as a specific input) within the ‘foreign enclave’ of a small open...
Persistent link: https://www.econbiz.de/10011111269
”, indicating that taking a relatively good position benefits people in the Chinese society. RD is also a pressing issue for China … reviews key measures of RD and empirical findings for China. I also discuss some of the most pressing policy issues with …
Persistent link: https://www.econbiz.de/10011260168
This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income … regardless of the exact location of the poverty line. Income inequality rose from 1988 to 1995 but has been fairly constant …
Persistent link: https://www.econbiz.de/10005836035
This paper approaches the problem of inequalities in China. It is specifically focused on analyzing the effects of …. One, more “European”, or “social/Christian/democratic” is that too much inequality is morally hard to accept and also bad …, economic inequality is not a reason for concern, that it is inevitable (reflecting varying endowments of individuals) and in …
Persistent link: https://www.econbiz.de/10005105692
less efficient. However, so far this question is difficult to analyse for China since we lack information on one of the … the provinces of China between 1922 and 2010. Using our new dataset, together with physical capital and per capita GDP …, whereas until the reform period China was largely driven by capital accumulation, afterwards general technical development got …
Persistent link: https://www.econbiz.de/10011110187
benefit payments compared to the wage earned in available jobs - labour supply and matching - a theoretical approach to …
Persistent link: https://www.econbiz.de/10008622251
This paper develops a model of costly trade and team production to examine the matching behavior of skilled workers in … teams available for hire. Trade is shown to rationalize the matching behavior of workers, causing skill-upgrading within …
Persistent link: https://www.econbiz.de/10008685163