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Drivers of Convergence in Eleven Eastern European Countries
Cuaresma, Jesus Crespo - 2017
This paper investigates the drivers of growth and prosperity in a group of eleven European countries -- Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovenia, and Slovakia (the EU11). Since the EU11 began the transformation process, this group of...
Persistent link: https://www.econbiz.de/10012975019
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Finding a Balance between Growth and Vulnerability Trade-Offs : Lessons from Emerging Europe and the CIS
Ghosh, Swati - 2017
This paper examines the growth patterns of emerging Europe and the Commonwealth of Independent States (CIS) countries prior to the global financial crisis. The aim is to draw lessons on what policies can best position these countries going forward to enjoy growth without a buildup in macro and...
Persistent link: https://www.econbiz.de/10012976091
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Diversification, Growth, and Volatility in Asia
Papageorgiou, Chris - 2017
extended period, developing Asia has on average been particularly successful in diversifying its exports, particularly in … is, through entry into completely new products. In addition, developing Asia has on average benefited significantly from …
Persistent link: https://www.econbiz.de/10012971321
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Trade Integration in East Asia : The Role of China and Production Networks
Haddad, Mona - 2016
integration of China has deepened production fragmentation in East Asia, countering fears of crowding out other countries for … international specialization. International production fragmentation in East Asia has intensified intraregional trade but has … significantly to growth in East Asia, they also breed vulnerabilities. They have not automatically led to technology spillovers and …
Persistent link: https://www.econbiz.de/10012747815
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Does Growth Generate Jobs in Eastern Europe and Central Asia?
Richter, Kaspar - 2017
In Eastern Europe and Central Asia, the link from growth to jobs was tenuous in the first decade of the transition …-country analysis of the employment intensity of growth over the last decade and a half in Eastern Europe and Central Asia, which …
Persistent link: https://www.econbiz.de/10012973557
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Debt Overhang in Emerging Europe?
Brown, Martin - 2017
This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as the region emerges from the recent financial and economic crisis. At the macroeconomic level, it finds that the external imbalance problem for Emerging Europe has been in most...
Persistent link: https://www.econbiz.de/10012975793
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Structural Transformation in Africa : A Historical View
Enache, Maria - 2017
This paper presents evidence suggesting that the relationship between income and economic structure is shifting over time, with countries across the income distribution uniformly increasing the share of labor in service sectors and an increasingly less stark relationship between manufacturing...
Persistent link: https://www.econbiz.de/10012968717
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Do Capital Inflows Boost Growth in Developing Countries? Evidence from Sub-Saharan Africa
Calderón, César - 2017
This paper examines whether domestic output growth helps attract capital inflows and, in turn, capital inflows help boost output growth in a set of 38 Sub-Saharan African countries. Using a two-step approach to address reverse causality and omitted variable issues, the paper finds that output...
Persistent link: https://www.econbiz.de/10012971630
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Sub-Saharan Africa's Recent Growth Spurt : An Analysis of the Sources of Growth
Cho, Yoonyoung - 2017
Since the mid-1990s, Sub-Saharan Africa has experienced unprecedented levels of high economic growth. A key question follows: What accounts for the turnaround of the growth performance in the mid-1990s? The answer can provide insight into whether the recent growth spurt in Sub-Saharan Africa is...
Persistent link: https://www.econbiz.de/10012973251
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The Microeconomics of Creating Productive Jobs : A Synthesis of Firm-Level Studies in Transition Economies
Brown, David - 2006
The challenge for labor market policy in the transition economies has been to redress the sharp drops in employment and rises in unemployment in a way that fosters the creation of productive jobs. The authors first document the magnitude and productivity of job and worker reallocation. Then they...
Persistent link: https://www.econbiz.de/10012779246