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Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the … less dynamic growth performance since the 1980s. -- structural change ; convergence and divergence ; economic growth …
Persistent link: https://www.econbiz.de/10003793471
Manufacturing has traditionally been regarded in the development literature as having special "growth-pulling" or … "growth-enhancing" properties. The share of manufacturing in GDP has been declining slightly over time in South Africa, while … that of services has been growing. This study focuses on the "Hirschmanian" channels through which sectoral growth can lead …
Persistent link: https://www.econbiz.de/10003793474
This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and duration of capital flows of the countries on a...
Persistent link: https://www.econbiz.de/10003793467
This paper examines the implications of the liberalization of capital outflows in China, India, Brazil, and South Africa (CIBS) for other developing countries. It focuses on their prospects of attracting not only foreign direct investment (FDI), but also portfolio capital flows from CIBS. To...
Persistent link: https://www.econbiz.de/10003793503
diversification results in higher GDP growth and employment. The main channel for this observation is that greater export …
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growth rates in the world for several decades, thanks to its rich mineral reserves, but its diamonds-dominated export … structure has barely changed over this growth period. In a national endeavour to reduce its dependence on diamond exports …
Persistent link: https://www.econbiz.de/10003793573