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enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant … maintaining moderate inflation, the rate of investment; aggressive effort at domestic resource mobilisation; and structural change …
Persistent link: https://www.econbiz.de/10010293266
depress growth. There are other arguments related to more immediate effects of debt on inflation and national solvency …
Persistent link: https://www.econbiz.de/10010333044
Modern Money Theory (MMT) has generated considerable scrutiny and discussions over the past decade. While it has gained some acceptance in the financial sector and among some politicians, it has come under strong criticisms from all sides of the academic spectrum and from conservative political...
Persistent link: https://www.econbiz.de/10012818360
macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …
Persistent link: https://www.econbiz.de/10011807631
Successful economic development to a large extent derives from the mobilization of underemployed resources. Demand policy can play an important role. It is critical, however, to consider balance of payments constraints and to ensure an expansion of investment in the modern sector. A combination...
Persistent link: https://www.econbiz.de/10010287792
fitting time series data using a Bayesian dynamical systems approach we identify non-linear interactions between GDP, child … mortality, fertility rate and female education. We show that reduction in child mortality is best predicted by the level of GDP … is weakly dependent on female education and economic growth. As fertility drops, GDP increases producing a cycle that …
Persistent link: https://www.econbiz.de/10011396729
. This paper investigates the relationship between age structure and GDP in 20 OECD countries using annual data from 1970 to … found for a long run relationship between GDP and the number of people in five different age groups. Coefficient estimates … retirees are found to have a negative or relatively smaller positive effect on GDP than productive age groups. …
Persistent link: https://www.econbiz.de/10010321605
European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment …
Persistent link: https://www.econbiz.de/10012109775
This paper makes use of the 2006 Gallup World Survey, which includes opinions on satisfaction with various aspects of life in 130 countries. Although a very solid relationship is found between satisfaction and income (both across and within countries), raising doubts regarding the well-known...
Persistent link: https://www.econbiz.de/10010278209
constructs new annual estimates of real GDP between 1842 and 1913 based on a novel two-stage econometric approach. Our results …
Persistent link: https://www.econbiz.de/10013208757