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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
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
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Enhancing Income Convergence in Central Europe after EU Accession
Lenain, Patrick; Rawdanowicz, Łukasz - Economics Department, Organisation de Coopération et … - 2004
. Although convergence towards higher levels of income appears to be a distant prospect at current trend growth rates, this is … in this respect. While ... Renforcer la convergence des revenus en Europe Centrale après les adhesions à l … leur ont été très profitables. Même si la convergence vers des niveaux de revenu plus élevés semble une perspective …
Persistent link: https://www.econbiz.de/10005045850
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Helping the Austrian business sector to cope with new opportunities and challenges in Austria
Dlugosch, Dennis - 2022
The economic shock induced by the COVID-19 pandemic is accelerating structural changes and is posing new challenges. Austria faces wider growth opportunities and new adjustment challenges related notably to two major structural transformations: transition to carbonless growth and the...
Persistent link: https://www.econbiz.de/10013202490
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Long-Run GDP Growth Framework and Scenarios for the World Economy
Duval, Romain - 2009
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world economy, taking as a starting point recent empirical evidence about the importance of total factor productivity and human capital in explaining current cross-country...
Persistent link: https://www.econbiz.de/10012443085
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The Economic Integration of Germany's New Länder
Wurzel, Eckhard - 2001
second half of the 1990s economic growth in the east decelerated, and income convergence has stalled and employment stagnated ... …
Persistent link: https://www.econbiz.de/10012443985
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Monetary Transmission Mechanism in Central and Eastern Europe: Surveying the Surveyable
Égert, Balázs - 2008
This paper surveys recent advances in empirical studies of the monetary transmission mechanism (MTM), with special attention to Central and Eastern Europe (CEE). Our results indicate that the strength of the exchange rate pass-through substantially declined over time mainly due to a fall in...
Persistent link: https://www.econbiz.de/10012444155
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Does Human Capital Matter for Growth in OECD Countries? : Evidence from Pooled Mean-Group Estimates
Bassanini, Andrea - 2001
convergence to the steady state of around 15 per cent per year. Taken together these results are not consistent with the human …
Persistent link: https://www.econbiz.de/10012444192
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The Impact of Monetary and Commodity Fundamentals, Macro News and Central Bank Communication on the Exchange Rate : Evidence from South Africa
Égert, Balázs - 2009
This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007. We find strong nonlinear effects of commodity prices, perceived country and emerging market risk premium and changes in the dollar-euro exchange rate on...
Persistent link: https://www.econbiz.de/10012444574
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Product Market Regulation : Extending the Analysis Beyond OECD Countries
Wölfl, Anita; Wanner, Isabelle; Röhn, Oliver; … - 2010
In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries including several non-OECD members. It investigates regulatory patterns in this extended set of countries as compared to the OECD countries and analyses the link between...
Persistent link: https://www.econbiz.de/10012446222
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Enhancing Income Convergence in Central Europe after EU Accession
Lenain, Patrick - 2004
. Although convergence towards higher levels of income appears to be a distant prospect at current trend growth rates, this is …
Persistent link: https://www.econbiz.de/10012446298