Showing 1 - 10 of 65
relationship between deflation and economic growth, using consumer prices time series, Borio et al. (2015) find some evidence that … harmful effect of deflation on growth. …
Persistent link: https://www.econbiz.de/10011579040
We survey India’s experience with exporting services. We show that the country’s experience is unique in that modern tradable services are a significantly larger share of GDP than in other countries at comparable levels of economic development. This has not always been the case, however;...
Persistent link: https://www.econbiz.de/10011257787
implications for economic development. Using National Accounts Statistics and cross-county data, we show that the growth of … services has been broad-based. We show that the growth of service sector employment is not simply disguised manufacturing … underscores the importance for India of continuing to invest in labour skills. We conclude that sustaining economic growth and …
Persistent link: https://www.econbiz.de/10009363516
-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that … association. Here we identify two waves of service sector growth, a first wave in countries with relatively low levels of per …
Persistent link: https://www.econbiz.de/10009363635
What is the relationship between real exchange rate misalignments and economic growth? And what effect, if any, did … undervaluations or overvaluations of the lira/euro have on Italy's growth? We address these questions by presenting, first, three main … facts: (i) there is a positive relationship between undervaluation and growth; (ii) this relationship is strong for …
Persistent link: https://www.econbiz.de/10009364463
over the deficit episode and its aftermath, growth is slower than when countries rely on domestic savings. The paper … concludes that financing growth and investment out of foreign savings, while not impossible, is risky. …
Persistent link: https://www.econbiz.de/10011535790
conclude that financing growth and investment out of foreign savings, while not impossible, is risky. …
Persistent link: https://www.econbiz.de/10011621557
relationship between deflation and economic growth, using consumer prices time series, Borio et al. (2015) find some evidence that … harmful effect of deflation on growth. …
Persistent link: https://www.econbiz.de/10011725563
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ … between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in …
Persistent link: https://www.econbiz.de/10011725590
-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that … association. Here we identify two waves of service sector growth, a first wave in countries with relatively low levels of per …
Persistent link: https://www.econbiz.de/10011807641