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development quest. The sample includes seven developing countries—Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil —all …
Persistent link: https://www.econbiz.de/10012956929
This paper decomposes Botswana's growth from the late 1960s through 2010 into a within-sector and a between …-sector (structural change) component. We find that during the 70s and 80s Botswana's rapid economic growth was characterized by … that this is one of the reasons for persistent poverty and very high income inequality in Botswana today. This leaves us …
Persistent link: https://www.econbiz.de/10013024884
This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
Persistent link: https://www.econbiz.de/10013223072
We study the effects of domestic trade liberalization on labor markets in Botswana. South Africa is the dominant member … plausibly exogenous tariff reductions for the other customs union members, including Botswana. Using labor force surveys from … Botswana spanning a decade, we find that trade liberalization did not affect the relative size of industries in terms of …
Persistent link: https://www.econbiz.de/10012862049
increase vulnerability to infection? We use data from two recent household surveys in Botswana to address this question. We …
Persistent link: https://www.econbiz.de/10012779610
India seems to have followed an idiosyncratic pattern of development, certainly compared to other fast-growing Asian economies. While the emphasis on services rather than manufacturing has been widely noted, within manufacturing India has emphasized skill-intensive rather than labor-intensive...
Persistent link: https://www.econbiz.de/10013322137
The European Union and the United States operate different variants of market capitalism. The EU model uses social dialogue institutions to help determine economic outcomes, particularly in the labor market, whereas the US relies more on market forces. The theory of competitive markets provides...
Persistent link: https://www.econbiz.de/10012761328
The French Revolution of 1789 had a momentous impact on neighboring countries. The French Revolutionary armies during the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various radical institutional changes. French invasion removed the...
Persistent link: https://www.econbiz.de/10014209326
This paper evaluates the impact of slowing economic growth on labor market dynamism and misallocation. It provides a model of endogenous growth via imitation in a frictional labor market. The framework accounts for rich data on worker job-to-job transitions as well as stochastic and lifecycle...
Persistent link: https://www.econbiz.de/10014346493
The path of income inequality in post-reform China has been widely interpreted as “China’s Kuznets curve.” We show that the Kuznets growth model of structural transformation in a dual economy, alongside population urbanization, has little explanatory power for our new series of inequality...
Persistent link: https://www.econbiz.de/10014358039