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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business...
Persistent link: https://www.econbiz.de/10011276892
as a common cross-country time trend and the level of multi factor productivity – has been the key driver in increasing …
Persistent link: https://www.econbiz.de/10011276956
This paper explores the role of macroeconomic factors and structural policies in shaping the distribution of labour income. Technological change and globalisation play at least some role in driving inequality patterns, but structural policy can also have an important influence on inequality...
Persistent link: https://www.econbiz.de/10009393771
human capital and productivity improvements.<P> While educational attainment is very high, the education system needs to be … aux innovations à faible contenu technologique et à l'adoption des technologies, en particulier dans les PME, est faible …
Persistent link: https://www.econbiz.de/10011276999
After a recession of historic proportions, an export-led recovery is gaining traction in Ireland. The pace of recovery, however, varies sharply across sectors. While export-oriented manufacturing and services, led by large multinationals, have reached record-high levels of output,...
Persistent link: https://www.econbiz.de/10009364450
, notably in network industries, would unleash productivity gains in those sectors and be a boost to the rest of the economy. A …
Persistent link: https://www.econbiz.de/10011276807
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is … probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly … regulations across states would boost competition and productivity.<P>Un nouvel élan pour la productivité en Australie …
Persistent link: https://www.econbiz.de/10011276866
Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically …
Persistent link: https://www.econbiz.de/10011276949
gains was lost in the crisis, the impact of which was aggravated by the collapse of world trade. While this was also true … recession Estonia’s gap in income and productivity levels compared with the EU average was still around 30% and as the country … closing the productivity gap in the manufacturing-for-export sector compared with other transition countries would serve as a …
Persistent link: https://www.econbiz.de/10009146865