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"After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new … from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China … productivity and innovation to help policymakers promote China's future growth and achieve their vision of a modern and innovative …
Persistent link: https://www.econbiz.de/10012644266
This paper analyzes the Republic of Korea's rapid and sustained growth experience for the past six decades from the perspective of the neoclassical growth model (the workhorse model of the World Bank's Long Term Growth Model (LTGM) project). Overall, the sources of Korea's growth were balanced...
Persistent link: https://www.econbiz.de/10012245523
This paper documents the sources of the Republic of Korea's economic growth, as well as the associated productivity growth and efficiency dynamics during its process of structural transformation from 1970 to 2016. The analysis includes land as a separate production factor to sort out the...
Persistent link: https://www.econbiz.de/10012257002
Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and...
Persistent link: https://www.econbiz.de/10012644282
A strong and widely acknowledged record of economic success-including a three-and-a-half-fold increase in per capita income since 1994--places Rwanda among the world's fastest--growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more...
Persistent link: https://www.econbiz.de/10012644292
South Asia emerged as the fastest growing region in the world in 2015, posting GDP growth of 7 percent. Weak oil and commodity prices, slowing capital flows and shrinking global trade contributed towards a deceleration of growth in most of the world's economies. South Asia - as a net importer of...
Persistent link: https://www.econbiz.de/10012644613
rates in China and some acceleration in Vietnam and Thailand should increase demand for Lao PDR exports. On the other hand …
Persistent link: https://www.econbiz.de/10012644626
After nearly two decades of strong economic growth, in 2005 the economy was in difficulties. The loss of trade preferences in textiles in 2005, the anticipation of prospective reform to the European Union's sugar protocol for 2006-10, and higher international oil prices had contributed to a...
Persistent link: https://www.econbiz.de/10012644808
to 3.0 percent from 2.4 percent in 2016, reflecting gradual recovery in the euro area, China, emerging Europe, and Russia …
Persistent link: https://www.econbiz.de/10012644918
The Iran Economic Monitor provides an update on key economic developments and policies over the past six months. It examines these economic developments and policies in a longer-term and global context, and assesses their implications for the outlook for the country. Its coverage has ranged from...
Persistent link: https://www.econbiz.de/10012644931