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Persistent link: https://www.econbiz.de/10011695806
expansion of tourism. Cointegration techniques and the multivariate Granger causality test are applied. Results reveal that …
Persistent link: https://www.econbiz.de/10010312651
In this paper, I discuss the reasons for Costa Rica's economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful...
Persistent link: https://www.econbiz.de/10010273461
Oman and Bahrain are Middle Eastern success stories. There are some key similarities. Both have followed pragmatic development strategies built on a stable foundation of strengthened governance structures and enhanced economic liberalization. These improvements occurred in somewhat different...
Persistent link: https://www.econbiz.de/10010273466
Persistent link: https://www.econbiz.de/10011696606
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades …
Persistent link: https://www.econbiz.de/10010318983
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10011807635
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10010282331
The temporal interdependence between saving and output has been in focus in a number of recent empirical studies. Results from these studies have compelled some authors to question the traditional notion of a causal chain where saving leads growth through capital accumulation. This paper...
Persistent link: https://www.econbiz.de/10010321740
approach and the Johansen maximum likelihood approach to cointegration for the period 1970-2007, we find that foreign aid has a …
Persistent link: https://www.econbiz.de/10010333088