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sustainability of pay-as-you-go to finance the welfare system in developed countries. Thsi paper constitutes Chapert 2.. Chapter 1 …
Persistent link: https://www.econbiz.de/10011110362
: (1) with the exception of the economic freedom mechanism, liberalization policies have generally decreased the growth of …
Persistent link: https://www.econbiz.de/10011258662
The paper verifies the Azzimonti et al. (2014) conclusions on a sample of 53 African countries for the period 1996-2008. Authors of the underlying study have established theoretical underpinnings for a negative nexus between rising public debt and inequality in OECD nations. We assess the...
Persistent link: https://www.econbiz.de/10011264818
This paper examines how domestic, foreign, private and public investments affect income-inequality through financial intermediary dynamics of depth, efficiency, activity and size. With the exception of financial allocation efficiency, financial channels of depth and activity are good for the...
Persistent link: https://www.econbiz.de/10009372548
Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to lack of relevant data. This paper integrates previously missing investment and financial components in the assessment of how finance affects pro-poor investment channels. Findings...
Persistent link: https://www.econbiz.de/10009372610
Economic growth does not necessarily ensure environmental sustainability for a country. The relationship between the … Quality (EQ), Human Development (HD) and Economic Growth (EG) for 14 major Indian States during post liberalisation period … product. The relationship between EQ and economic growth however does not become clear from the current study. The regression …
Persistent link: https://www.econbiz.de/10008596405
This study complements the inclusive growth literature by examining the determinants and consequences of the middle … class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 …
Persistent link: https://www.econbiz.de/10011264823
growth, using the technique “growth diagnostic” proposed by Hausmann et al. (2005). The real GDP per capita in Cape Verde … increased from US$ 806 in 1970 to US$ 2.830 in 2011, with average annual growth rate of 3.3%. The service sector was the main … considerable growth, the unemployment rate remains high and public debt is high but sustainable. We found some factors that …
Persistent link: https://www.econbiz.de/10011113033
This article uses the HRV model proposed by Hausmann, Rodrik and Velasco (2005) to conduct a growth diagnosis of Cape … average annual rate of growth of 3.3%. The service sector is the main driver of the economy in Cape Verde. The Cape Verdean … economy is heavily dependent on foreign capital and, despite considerable economic growth, the unemployment rate remains high …
Persistent link: https://www.econbiz.de/10011240260
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates …, while human development supports the exogenous growth model and rejects the endogenous theory, its income component suggests …
Persistent link: https://www.econbiz.de/10009422021