Similar Search Results

Serbia's New Growth Agenda : Investment for Growth

World Bank Group - 2020

Because of its difficult starting position in transitioning to a market economy, so far macroeconomic policy in Serbia has mainly been concerned with achieving stability. At the start of its transition in 2001, Serbia was practically bankrupt, burdened with old overdue debt and huge arrears in...

Persistent link: https://www.econbiz.de/10012647010

Assessing the effect of public capital on growth : an extension of the World Bank long-term growth model

Devadas, Sharmila; Pennings, Steven - 2018

To analyze the effect of an increase in the quantity or quality of public investment on growth, this paper extends the World Bank's Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the former adjusted for its quality. The paper presents...

Persistent link: https://www.econbiz.de/10011929642

Towards a Private Sector led Growth Model : Bosnia and Herzegovina Innovation and Entrepreneurship Assessment

Aridi, Anwar - 2019

private sector-led one. In this light, enhancing innovation and entrepreneurship (I and E) is a key priority for BiH. This … report provides a comprehensive assessment of the current I and E landscape in BiH and offers a roadmap for innovation policy …

Persistent link: https://www.econbiz.de/10012646246

Malaysia's economic growth and transition to high income : an application of the World Bank Long Term Growth Model (LTGM)

Devadas, Sharmila; Guzman, Jorge; Kim, Young Eun; … - 2020

This paper studies economic growth in Malaysia, with the purpose of assessing the potential to attain the status and characteristics of a high-income country. Future economic growth is simulated under a business-as-usual baseline, where the growth drivers follow their historical or recent...

Persistent link: https://www.econbiz.de/10012241371

China : Inclusive Innovation for Sustainable Inclusive Growth

World Bank - 2013

Inclusive innovation seeks to expand access to essential goods and services, thereby improving quality of life, and … directly at the needs of excluded populations. Inclusive innovation is of high relevance for the Chinese authorities, but the … innovation, yet has recognized the importance of inclusive innovation in addressing increasing disparity between the rich and …

Persistent link: https://www.econbiz.de/10012248221

The dynamics of development : innovation and reallocation

Buera, Francisco; Jaef, Roberto N. Fattal - 2018

This paper proposes a quantitative model of firm dynamics with endogenous innovation to study growth acceleration …

Persistent link: https://www.econbiz.de/10011902863

What Type of Finance Matters for Growth? : Bayesian Model Averaging Evidence

Hasan, Iftekhar - 2016

This paper examines the effect of finance on long-term economic growth using Bayesian model averaging to address model uncertainty in cross-country growth regressions. The literature largely focuses on financial indicators that assess the financial depth of banks and stock markets. These...

Persistent link: https://www.econbiz.de/10012246246

Financial development, exchange rate regimes, and growth dynamics

Kassa, Woubet; Lartey, Emmanuel - 2018

This paper utilizes data for African countries to analyze the extent to which financial development affects the dynamics of the relationship between exchange rate flexibility and economic growth. The findings indicate that financial development exerts a positive influence on the relationship...

Persistent link: https://www.econbiz.de/10011903166

A New Growth Model for Building a Secure Middle Class : Kazakhstan Systematic Country Diagnostic

World Bank Group - 2018

Four mutually supportive strategic pillars and related policy priorities would help Kazakhstan continue the structural transformation that stalled during the oil booms, in order to eliminate poverty and build a large and secure middle class: 1. economic management for diversification, to...

Persistent link: https://www.econbiz.de/10012645287

Korea's Growth Experience and Long-Term Growth Model

Jeong, Hyeok - 2017

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