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Macroeconomic determinants of exit from aid-dependence
Hailu, Degol; Shiferaw, Admasu - 2012
This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...
Persistent link: https://www.econbiz.de/10010293266
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Takeoffs
Aizenman, Joshua; Spiegel, Mark - 2007
This paper identifies factors associated with takeoff - a sustained period of high growth following a period of stagnation. We examine a panel of 241 stagnation episodes" from 146 countries, 54 % of these episodes are followed by takeoffs. Countries that experience takeoffs average 2.3% annual...
Persistent link: https://www.econbiz.de/10010285304
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The relevance of SPS in the ACP-EU economic partnership agreements: What a development-friendly recognition of SPS measures within the EPA negotiations might look like
Chemnitz, Christine; Günther, Doris - 2007
The Africa Caribbean and Pacific (ACP) countries have benefited from unilateral preferential access to EU markets under …, one of the main concerns of ACP countries is their inability to benefit from their preferential status due to their lack …, instead reciprocal trade agreements, the Economic Partnership Agreements (EPAs), should replace the former ones in 2008. ACP …
Persistent link: https://www.econbiz.de/10010343379
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EU Trade Preferences and Export Diversification
Persson, Maria; Wilhelmsson, Fredrik - 2013
, Caribbean and Pacific (ACP) preferences actually have negative effects toward the end of our time period, suggesting that ACP …
Persistent link: https://www.econbiz.de/10013208659
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Entry Cost, financial friction, and cross-country differences in income and TFP
Fang, Lei - 2010
This paper develops a model to assess the quantitative effect of entry cost and financial friction on cross-country income and total factor productivity (TFP) differences. The main focus is on the interaction between entry cost and financial friction. The model is calibrated to match...
Persistent link: https://www.econbiz.de/10010292263
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Entry barriers, competition, and technology adoption
Fang, Lei - 2009
There are large differences in income per capita across countries. Growth accounting finds that a large part of the differences comes from the differences in total factor productivity (TFP). This paper explores whether barrier to entry is an important factor for the cross-country differences in...
Persistent link: https://www.econbiz.de/10010292318
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Does the shadow economy raise observed aggregate efficiency? A cross-country comparison
Méon, Pierre-Guillaume; Schneider, Friedrich G.; … - 2006
We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the functional form of the production technology and the...
Persistent link: https://www.econbiz.de/10010294534
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Insufficient investment into future growth: the forgotten cause of low growth in Germany
Aiginger, Karl - 2003
There is a consensus that within the European Union, Germany is presently the country lagging farthest behind in terms of economic dynamics. Most researchers blame rising wages, welfare costs, and overregulated labour markets for this poor position. Some add that as a result of membership in the...
Persistent link: https://www.econbiz.de/10010294555
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Eight strategies for development in comparison
Priewe, Jan - 2015
The article provides a broad-based overview on competing development strategies and the economic performance of developing countries, mainly since the year 2000. Four traditional mainstream development strategies are discussed (Washington Consensus, neo-liberalism, "good governance" and MDGs)...
Persistent link: https://www.econbiz.de/10011304515
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Financialisation and financial crisis in Iceland
Guðmundsson, Björn Rúnar - 2015
Financialisation in Iceland should be seen as an evolving process driven by a mixture of global and domestic forces. Responding to fundamental issues underlying macroeconomic imbalances, the authorities introduced policies that proved particularly supportive of financial expansion at a time when...
Persistent link: https://www.econbiz.de/10011310222