Showing 1 - 10 of 753
"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
Gross domestic product (GDP) growth in China has remained strong in 2017, exceeding market expectations. Supported by … supporting economic activity in China in 2017. Net exports contributed positively to growth for three consecutive quarters … implementation of capital controls and greater domestic market confidence, capital outflows from China declined to 47 billion US …
Persistent link: https://www.econbiz.de/10012644960
Jim Yong Kim, President of the World Bank Group (WBG), offered several strategic considerations for China. First, for … competition, and investing in broad-based skills of the labor force - should help drive growth. Second, China should consider how … resource allocation. Third, like other countries, China needs to prepare for how technological change will impact the labor …
Persistent link: https://www.econbiz.de/10012645910
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
This paper documents the existence of a "middle-income trap" for the Middle East and North Africa region. It argues that the economic woes of the Middle East and North Africa offer new insights into the debate on the trap which has thus far focused on the East Asia and Pacific region. The...
Persistent link: https://www.econbiz.de/10012051834
Brazil approaches its 2018 election with an economy that is gradually recovering from the deepest recession in its recent economic history. However, for many Brazilians, the recovery has not yet translated into new and better jobs, or rising incomes. This book explores the drivers of future...
Persistent link: https://www.econbiz.de/10012644126
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
Paul Wolfowitz, President of the World Bank, discussed Singapore's remarkable progress along the road from poverty to prosperity which has also been discovered by many other countries in East Asia and around the world. He spoke of how each country must find its own path for people to pursue the...
Persistent link: https://www.econbiz.de/10012644398