Similar Search Results

The Importance of Economic Policy in Development : Contrasts Between Korea and Turkey

Krueger, Anne O. - 1987

In the mid-1950's, Turkey was a much richer country than Korea. With about the same population, Turkish GNP was about …

Persistent link: https://www.econbiz.de/10012476875

Economic Recovery from the Argentine Great Depression : Institutions, Expectations, and the Change of Macroeconomic Regime

Paolera, Gerardo della - 2000

This work explores how Argentina overcame the Great Depression and asks whether active macroeconomic interventions made any contribution to the recovery. In particular, we study Argentine macroeconomic policy as it deviated from gold-standard orthodoxy after the final suspension of...

Persistent link: https://www.econbiz.de/10012471138

Microeconomic Aspects of Productivity Growth under Import Substitution : Turkey

Krueger, Anne O. - 1980

This paper assesses the empirical relevance of "dynamic" factors in industrialization in developing countries. Using data from a sample of 91 firms, rates of growth of output per unit of input are calculated. It is shown that there is little basis, at least with regard to Turkish experience, to...

Persistent link: https://www.econbiz.de/10012478603

The Ups and Downs of Turkish Growth, 2002-2015 : Political Dynamics, the European Union and the Institutional Slide

Acemoglu, Daron - 2015

following Turkey's financial crisis in 2001, but then started moving in the opposite direction in the second half of 2000s. This … military's influence and the broadening of effective political participation. As Turkey-European Union relations collapsed and …-paced and lower-quality growth Turkey has been experiencing since about 2007 …

Persistent link: https://www.econbiz.de/10012457061

The Transition Economies After Ten Years

Fischer, Stanley - 2000

While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...

Persistent link: https://www.econbiz.de/10012471103

The Role of Bank Restructuring in Recovering from Crises : Mexico 1995-98

Krueger, Anne - 1999

In this paper we analyze the evolution of the Mexican economy between 1995 and 1998. The remarkable quick recovery seen in aggregate activity has not been uniform across the economy. The tradable sector has grown strongly, while the non-tradable sector has recuperated only sluggishly. This...

Persistent link: https://www.econbiz.de/10012471758

Macroeconomics Challenges and Resilience of Emerging Market Economies

Aizenman, Joshua - 2019

A Growing share of Emerging Markets (EMs) use hybrid versions of inflation targeting (IT) that differ from the IT regimes of OECD countries. Policy interest rates among commodity countries are impacted by real exchange rate and international reserves (IR) changes, aiming at stabilizing their...

Persistent link: https://www.econbiz.de/10012480306

The Natural Resource Curse : A Survey

Frankel, Jeffrey A. - 2010

It is striking how often countries with oil or other natural resource wealth have failed to grow more rapidly than those without. This is the phenomenon known as the Natural Resource Curse. The principle has been borne out in some econometric tests of the determinants of economic performance...

Persistent link: https://www.econbiz.de/10012462796

The Political Economy of Ethnolinguistic Cleavages

Desmet, Klaus - 2009

This paper proposes a new method to measure ethnolinguistic diversity and offers new results linking such diversity with a range of political economy outcomes -- civil conflict, redistribution, economic growth and the provision of public goods. We use linguistic trees, describing the...

Persistent link: https://www.econbiz.de/10012463290

Institutions vs. Policies : A Tale of Two Islands

Henry, Peter Blair - 2008

Recent work emphasizes the primacy of differences in countries' colonially-bequeathed property rights and legal systems for explaining differences in their subsequent economic development. Barbados and Jamaica provide a striking counter example to this long-run view of income determination. Both...

Persistent link: https://www.econbiz.de/10012464043