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It is conventional wisdom that industrial policies can be at odds with competitive markets. This note examines the historical basis for industrial policy and empirical effects. Although the direct effects of industrial policy are mixed, the indirect effects often involve market distortions. By...
Persistent link: https://www.econbiz.de/10012647524
The objective of this study is to assist Bangladesh in becoming a viable player in the IT/ITES industry in five years by identifying the strategies, programs and investments needed in order for the country to leverage ICT for economic growth and competitiveness, as well as for social development...
Persistent link: https://www.econbiz.de/10012246916
Tanzania has great potential in the sunflower oil seeds sector, which can be scaled-up as one of its key sectors for industrial development. This policy note provides an overview of the government policies and initiatives in this sector, including the Rural Livelihood Development Company (RLDC)...
Persistent link: https://www.econbiz.de/10012247349
The general principle is that it is crucial for the government to provide a stable macroeconomic environment conducive to business development with a clear, transparent and neutral regulatory environment and neutral incentives to all firms and industries. Clear, transparent and neutral...
Persistent link: https://www.econbiz.de/10012248451
Despite advances in agricultural production, TFP, and trade balances, Russia continues to lag behind many comparator …
Persistent link: https://www.econbiz.de/10012644943
be expected considering Russia's level of development, the study finds that the contribution of services to export … services have strengthened their revealed comparative advantages. Yet Russia still has much potential for expanding trade in …
Persistent link: https://www.econbiz.de/10012245747
-mineral exports. Russia's lagging regions have much more tenuous international engagements than the rest of Russia in exports and … development and could be an important item on Russia's regional policy agenda. Such policies might have a variety of objectives …: (1) earning income (export goods in which Russia has traditionally had a comparative advantage); (2) diversification and …
Persistent link: https://www.econbiz.de/10012245753
"After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of...
Persistent link: https://www.econbiz.de/10012644266
Over the last two decades, successive governments and business leaders in the former Yugoslav Republic of (FYR) Macedonia have been actively working to transform the country's economy and put it on a higher, technology-based, growth trajectory. For a small, landlocked country with a limited...
Persistent link: https://www.econbiz.de/10012645030
The Angolan economy is at a significant juncture. The current growth model based on oil wealth is nearly exhausted and has not delivered inclusive growth and shared prosperity. Angola faces two broad policy challenges that need to be addressed urgently: macroeconomic stabilization and a more...
Persistent link: https://www.econbiz.de/10012646202