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Urbanization and the Geography of Development
Henderson, J. Vernon - 2017
herald cities with their industrial bases as "engines of growth," does industrialization in fact drive urbanization? While … industrialization correlate only weakly with changes in urbanization. This suggests that policy and institutional factors may also … influence the urbanization process. In fact, the relationship between industrialization and urbanization is absent in Sub …
Persistent link: https://www.econbiz.de/10012973214
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Public Policy and Industrial Transformation in the Process of Development
Agenor, Pierre-Richard - 2017
imitation sector. The process of industrialization increases the demand for high-skill labor, inducing individuals to invest in …
Persistent link: https://www.econbiz.de/10012974488
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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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Egypt Beyond the Crisis : Medium-Term Challenges for Sustained Growth
Herrera, Santiago - 2017
The paper analyzes the impact of the recent global crisis in the context of the previous two decades' growth and capital flows. Growth decomposition exercises show that Egyptian growth is driven mostly by capital accumulation. To estimate the share of labor in national income, the analysis...
Persistent link: https://www.econbiz.de/10012976332
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How and Why Does History Matter for Development Policy?
Woolcock, Michael - 2017
The consensus among scholars and policymakers that "institutions matter" for development has led inexorably to a conclusion that "history matters," since institutions clearly form and evolve over time. Unfortunately, however, the next logical step has not yet been taken, which is to recognize...
Persistent link: https://www.econbiz.de/10012976368
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Banking Sector Stability, Efficiency, and Outreach in Kenya
Beck, Thorsten - 2017
Although Kenya's financial system is by far the largest and most developed in East Africa and its stability has improved significantly over the past years, many challenges remain. This paper assesses the stability, efficiency, and outreach of Kenya's banking system, using aggregate, bank-level,...
Persistent link: https://www.econbiz.de/10012976347
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Structural Change, Fundamentals, and Growth : A Framework and Case Studies
McMillan, Margaret - 2017
industrialization only played a significant role in Vietnam …
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