Showing 1 - 10 of 509
China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a … inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of …. The inability to sell or mortgage rural land has further reduced opportunities. China has a uniquely decentralized fiscal …
Persistent link: https://www.econbiz.de/10012747720
-level panel dataset obtained from China. The results show that economic structure, development strategy and environmental …
Persistent link: https://www.econbiz.de/10012975841
China's medium-term prospects for growth, poverty reduction, and development. The paper reviews China's pre-crisis growth … immediate impact of the global crisis on China's economic performance in 2009 and its likely impact in the short run. It then … paper explores China's medium-term growth prospects in light of the crisis and the key policies for moving to a robust and …
Persistent link: https://www.econbiz.de/10012976358
By international standards, and given its relatively low per capita income, Vietnam has achieved substantial reductions in, and low levels of, infant and under-five mortality. The authors review existing evidence and provide new evidence on whether, under the economic liberalization program...
Persistent link: https://www.econbiz.de/10012973173
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
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
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
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
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
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