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The Road to Sustainable Growth in Emerging Markets: The Role of Structural and Monetary Policies in Turkey
Aysan, Ahmet Faruk; Güler, Mustafa Haluk; Orman, Cüneyt - Volkswirtschaftliche Fakultät, … - 2013
, with potentially significant repercussions for the world economy. In this paper, we present a detailed account of Turkey …
Persistent link: https://www.econbiz.de/10011260755
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Distance to the Technological Frontier and Economic Development
Özak, Ömer - Southern Methodist University, Department of Economics - 2012
This research proposes that the geographical distance from the location of the pre-industrial technological frontier has a non-monotonic and persistent effect on development. While remoteness from this frontier diminished imitation, it fostered the emergence of a culture conducive to innovation...
Persistent link: https://www.econbiz.de/10010559833
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Disparities in Globalization of the World Economies
Mishra, SK; Kumar, Binod - Volkswirtschaftliche Fakultät, … - 2012
This paper constructs composite indices of globalization of 131 countries spread over the five continents and … classified into World-I, World-II and World-III countries. KOF, the Business Cycle Research Institute in the Swiss Federal … Institute of Technology, Zurich is the source of data used in this study. The Composite Indices of Globalization have been …
Persistent link: https://www.econbiz.de/10011259939
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Macroeconomic Results of 20 Years of Transformation in CIS Countries: The Role of Investments
Golovnin, M.; Ushkalova, D. - In: Journal of the New Economic Association 21 (2014) 1, pp. 200-205
The last more than 20 years of economic transition in CIS countries led to different results for different countries. Leader countries by economic dynamics (Turkmenistan, Armenia, Azerbaijan, Uzbekistan, Belarus, Kazakhstan) could surpass global economic growth trend for the period 1992- 2012....
Persistent link: https://www.econbiz.de/10010839413
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Is Poland the next Spain?
Caselli, Francesco; Tenreyro, Silvana - London School of Economics (LSE) - 2005
We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and...
Persistent link: https://www.econbiz.de/10010745276
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Economic Growth and Migration
Ditzen, Jan - Department of Accountancy, Economics and Finance, … - 2014
The literature on growth theory lacks a precise sense of why there are interactions and dependencies between countries. Correspondingly, the spatial econometrics literature on growth empirics accounts for endogenous cross-country interactions, but lacks crucial insights from economic theory as...
Persistent link: https://www.econbiz.de/10011185570
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The balance-of-payments constraint on economic growth in a long-term perspective: Spain, 1850–2000
Bajo-Rubio, Oscar - In: Explorations in Economic History 49 (2012) 1, pp. 105-117
The balance of payments can act as a constraint on the rate of growth of output, since it puts a limit on the growth in the level of demand to which supply can adapt. In this paper, we examine this issue for the case of Spain, using time series data extending over the period 1850–2000....
Persistent link: https://www.econbiz.de/10010582575
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Institutions and Development: The Interaction between Trade Regime and Political System
Falkinger, Josef; Grossmann, Volker - Institute for the Study of Labor (IZA) - 2004
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10005566427
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The Mystery of Catch-up Development
Evstigneeva, L.; R. Evstigneev. - In: VOPROSY ECONOMIKI 1 (2013)
The paper takes notice of an ever growing inadequacy of the aims and outcomes of catch-up development. Contrary to the widespread approach to catch-up policy as following up the path passed by the developed countries, the authors consider catch-up development as an immanent feature of the global...
Persistent link: https://www.econbiz.de/10010860884
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Proximate, intermediate and ultimate causality: Theories and experiences of growth and development
Szirmai, Adam - United Nations University-Maastricht Economic Research … - 2012
in a sample of 31 developing countries representing 80 percent of the population of the developing world. These series …
Persistent link: https://www.econbiz.de/10010712098