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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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The Impact of Mining on Spatial Inequality Recent Evidence from Africa
Addison, Tony - 2017
This paper investigates the relationship between mining and spatial inequality in Africa during 2001-12. The … identification strategy is based on a unilateral causation between mining and district inequality. The findings show that when … minerals are aggregated, mining increases district inequality. But an analysis of individual minerals shows that mining affects …
Persistent link: https://www.econbiz.de/10012963654
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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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Policy Challenges for Emerging and Developing Economies : Lessons from the Past Decade
Ruch, Franz Ulrich - 2020
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
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Structural Change, Fundamentals, and Growth : A Framework and Case Studies
McMillan, Margaret - 2017
Developing countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reduction in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic...
Persistent link: https://www.econbiz.de/10012957710
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Human Capital and Macro-Economic Development : A Review of the Evidence
Rossi, Federico - 2018
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
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Understanding Economic Growth in Ghana in Comparative Perspective
Geiger, Michael Tobias - 2019
Ghana has experienced a decade of solid and exceptionally high growth. Between 2005 and 2015, income nearly doubled. This paper analyzes the factors driving this impressive growth performance, using tools such as structural change decompositions and growth regressions. For the comparative...
Persistent link: https://www.econbiz.de/10012895208
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Financial Development, Growth, and Crisis : Is There a Trade-Off?
Loayza, Norman - 2017
This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect -- with one literature focusing on the effect of financial deepening on long -- run growth and another studying its impact on volatility...
Persistent link: https://www.econbiz.de/10012943988
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Growth after War in Syria
Devadas, Sharmila - 2019
This paper addresses three questions: 1) what would have been the growth and income trajectory of Syria in the absence of war; 2) given the war, what explains the reduction in economic growth in terms physical capital, labor force, human capital, and productivity; and 3) what potential growth...
Persistent link: https://www.econbiz.de/10012865082
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On the Impact of Demographic Change on Growth, Savings, and Poverty
Cruz, Marcio - 2017
Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...
Persistent link: https://www.econbiz.de/10012968199