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We analyse the business cycles in China and in selected OECD countries between 1992 and 2006. We show that, although negative correlation dominates for nearly all countries, we can also see large differences for various frequencies of cyclical developments. On the one hand, nearly all OECD...
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approach is also employed to rigorously examine the poverty-growth-inequality triangle. Finally, various simple but useful and …
Persistent link: https://www.econbiz.de/10008862800
The current paper demonstrates a dichotomy of the growth response to changes in the barter terms of trade, employing as …
Persistent link: https://www.econbiz.de/10009002142
they have played significant roles in the region’s slow and episodic economic growth. Results from cross …-country regressions covering 31 Sub-Saharan African countries suggest that growth in Africa is not simply a question of capital … growth of African economies does not depend so much on their ability to innovate, but rather on their capacity to absorb and …
Persistent link: https://www.econbiz.de/10009002152
Recent research regarding property rights and economic development often treats property rights security in a country as homogeneous, although protecting the private entitlements of some can entail preventing others from claiming and controlling those same resources. This one-dimensional...
Persistent link: https://www.econbiz.de/10009366416
Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and …
Persistent link: https://www.econbiz.de/10009366423
stability; foreseethe impacts of macroeconomic policieson developing-country growth; increaseboth market access and capacity …
Persistent link: https://www.econbiz.de/10008670280
literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth … a positive and statistically significant causal effect on growth over the long run, with confidence intervals conforming … to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries. …
Persistent link: https://www.econbiz.de/10008672344