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This paper aims to fill a gap in the literature on capital formation in China by estimating the capital stock in four … of economic development in China, as the normal models of economic development are based on a competitive economy, which … gross domestic product in China is very poorly measured. Although the results of this analysis can only be approximate, as …
Persistent link: https://www.econbiz.de/10012257322
The role of inherited wealth in modern economies has increasingly come under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …
Persistent link: https://www.econbiz.de/10012245818
exporter. But how wealthy is Russia, really? Drawing upon the important distinction between wealth and income, this report for … the first time, comprehensively measures Russia's national wealth …
Persistent link: https://www.econbiz.de/10012646711
that while income inequality is similar to that of the United States (US), wealth inequality is barely one-third that of … wealth by exploring sources of inequality such as age, education, migration, borrowing ability, and societal systems …This paper provides new empirical insights on the joint distribution of consumption, income, and wealth in three of the …
Persistent link: https://www.econbiz.de/10012246006
private investment by strengthening its business climate and reforming the financial sector …
Persistent link: https://www.econbiz.de/10012645974
grows more quickly, the focus should be on increasing investment-both private and public …
Persistent link: https://www.econbiz.de/10012647010
inclusive Gross Domestic Product (GDP) growth. Modest investment rates despite attractive returns and low savings rates despite … inclusive growth, with special emphasis on the issues of savings and investment …
Persistent link: https://www.econbiz.de/10012247553
private investment rates. Remittances are likely to grow more slowly than the earlier trend over the last 5-6 years, but could … nonetheless be a major contributor to future growth if more go into private investment than in the past …
Persistent link: https://www.econbiz.de/10012248064
This study analyses the institutional impediments to investment and growth in SEE and suggests 'second generation … favorable institutional framework for domestic and foreign investment is essential to achieve sustainable growth in SEE. The …
Persistent link: https://www.econbiz.de/10012248331
Persistent link: https://www.econbiz.de/10012644066