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This paper reviews India's growth performance since independence. One of the innovations in this paper is to take explicit account of rainfall variations that play a very important role in the Indian economy. This allows us to determine whether the Indian economy has become less dependent on the...
Persistent link: https://www.econbiz.de/10005582763
This paper studies the relationship between economic growth and financial development in China during the post-1978 … find that while a positive correlation between growth and financial intermediation exists in China, the association is more … apparent than real. The nonstate sector, which contributed most to China's remarkable growth during this period, did not use …
Persistent link: https://www.econbiz.de/10012782641
This paper analyses some of the factors behind the diverging productivity performances of the US and the EU over the 1990s and develops some conjectures regarding the likely developments for the current decade. The 1990s were characterized by two features the disappearance of the process of...
Persistent link: https://www.econbiz.de/10009649627
This paper reviews the status of Agricultural Biotechnology in Sub-Saharan Africa. It addresses the potential economic benefits to Sub-Saharan Africa and the effect biotechnology policies may have on growth, production and poverty reduction. The extent to which agricultural biotechnology will...
Persistent link: https://www.econbiz.de/10009368479
This paper assembles and reviews data on growth performance for East Germany. Conclusions are only tentative, as data reliability is still poor. Examining factor growth and total factor productivity performance, the paper arrives at three main conclusions. First, large-scale dismantling of...
Persistent link: https://www.econbiz.de/10005792463
The recent global recession requires policy makers to identify the relative importance of shock transmission mechanisms in each region and devise counter policy measures against future idiosyncratic shocks. In the last decade, world dynamics have changed considerably due to increased openness...
Persistent link: https://www.econbiz.de/10008533255
Globalization and strengthening of integration processes have, among other things, also influenced some solutions relating to monetary sovereignty of particular countries. A great number of transition countries as well as some other underdeveloped countries are facing both inefficiency in their...
Persistent link: https://www.econbiz.de/10005620044
Este artículo presenta una teoría que analiza la propagación de variantes culturales que inducen la cohesión al interior de la sociedad civil y, por ende, fortalecen la capacidad de un país para resolver problemas de acción colectiva. El modelo combina elementos de la teoría de juegos...
Persistent link: https://www.econbiz.de/10010775640
The economic and social progress Greece achieved in the early post war decades decelerated after 1974 because all institutions sustaining the effi-cient operation of democracy and free markets were deliberately and gravely eroded. Under the impetus of hard core socialists provisions introduced...
Persistent link: https://www.econbiz.de/10011113513
La transición de la economía colectivizada de la URSS a la economía de libre mercado de la Federación de Rusia en los años 90 presentó numerosos problemas. La gran reducción de la producción durante casi diez años, una elevadísima inflación y severos problemas monetarios y cambiarios...
Persistent link: https://www.econbiz.de/10011191469