Showing 1 - 10 of 420
Ethiopia has achieved sustained high growth for more than a decade. At the same time, the country has been facing … the appreciation of the dollar, thereby making Ethiopia?s competitiveness and industrialization drive more difficult. In … analysis suggests that Ethiopia needs a more flexible exchange rate policy. A competitive or undervalued exchange rate is …
Persistent link: https://www.econbiz.de/10012865512
Ethiopia has experienced a growth acceleration over the past decade on the back of an economic strategy emphasizing …, real currency overvaluation, and relatively high inflation held back some growth. The model accurately predicts Ethiopia … coming decade, making it challenging for Ethiopia to attain its middle-income country target by 2025. Although simulated …
Persistent link: https://www.econbiz.de/10012971637
In the past 10 years, Ethiopia experienced high and consistent growth, invested in public goods provision to poor …
Persistent link: https://www.econbiz.de/10012923519
This paper reviews the evidence on the importance of human capital for macro-economic development. Through the lens of a simple aggregate production function, human capital might increase output per capita by directly entering in the production process, incentivising the accumulation of...
Persistent link: https://www.econbiz.de/10012907704
Students around the world are going to school but are not learning -- an emerging gap in human capital formation. To understand this gap, this paper introduces a new data set measuring learning in 164 countries and territories. The data cover 98 percent of the world's population from 2000 to...
Persistent link: https://www.econbiz.de/10012892686
This paper offers the first evidence on the prevalence of a central actor in modern growth theory?the engineer. Using newly collected sub-national, and international data as well as historical case studies, it then argues that differences in innovative capacity, captured by the density of...
Persistent link: https://www.econbiz.de/10012973384
The challenge of sustaining economic growth over the long term is one that only a few countries have been able to surmount. Slowing momentum in countries like Malaysia and Thailand has led analysts and policy makers to consider what it would take to lift them out of middle-income status, where...
Persistent link: https://www.econbiz.de/10012974793
The 2009 global recession demonstrated, once again, the importance of crisis prevention as well as the critical need for preserving policy room so that emerging market and developing economies (EMDEs) can act when their economies are hit by shocks. And now, with the global growth outlook still...
Persistent link: https://www.econbiz.de/10012839626
This paper presents new evidence on the patterns of cyclicality in the fiscal policy stance of developing and industrialized countries over a period of more than three decades covering 180 countries during 1980?2012. First, the paper considers issues of robustness in the choice of the proxy for...
Persistent link: https://www.econbiz.de/10012971636
Since the 2008-09 global financial crises, interest among policy makers in promoting innovative, ventures has exploded. The emerging great hubs of entrepreneurial activity, like Bangalore, Dubai, Shanghai, Silicon Valley, Singapore, and Tel Aviv, bear the unmistakable stamp of the public sector....
Persistent link: https://www.econbiz.de/10012973210