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The Philippines has set an ambitious goal of becoming a predominantly middle-class society free of poverty by 2040. However, this aspiration comes at a time of significant global headwinds that pose risks to the country's development trajectory. Growing the middle class is more closely related...
Persistent link: https://www.econbiz.de/10015209907
This study employs macrodata for 23 African countries to examine whether good governance interacts with economic globalisation (EG) to foster inclusive green growth (IGG). First, the study finds that EG hampers IGG in Africa. Second, although unconditionally good governance promotes IGG, only...
Persistent link: https://www.econbiz.de/10013349230
Drawing on selective stylized facts, the paper evaluates the growth-effects for African countries and the disruptive potentials resulting from the COVD-19 pandemic, as African countries are involved in intra-regional integration processes. As AfCFTA involving 55 countries (ratified by 22...
Persistent link: https://www.econbiz.de/10014000443
This study employs macrodata for 23 African countries to examine whether good governance interacts with economic globalisation (EG) to foster inclusive green growth (IGG). First, the study finds that EG hampers IGG in Africa. Second, although unconditionally good governance promotes IGG, only...
Persistent link: https://www.econbiz.de/10014278459
Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These...
Persistent link: https://www.econbiz.de/10014279350
Technological advancements are often viewed as drivers of green growth, but they also carry the potential to widen social inequality, particularly in job automation and the transformation of work routines. This study delves into the relationship between technology and inclusive growth, drawing...
Persistent link: https://www.econbiz.de/10014438992
Boracay Island, Malay is one of the most popular tourist destinations in the Philippines. Over the years, its sustained growth as a top tourist destination has been substantially supported by the island's informal tourism sector-that is primarily women dominated. While tourism products and...
Persistent link: https://www.econbiz.de/10014485141
The mantra of inclusive growth is taking over the public policy debates addressing poverty alleviation and sustained development in the developing world. In order to reduce poverty substantially, rapid pace of growth is not only necessary, but it should be sustainable in the long run and...
Persistent link: https://www.econbiz.de/10010310640
This paper investigates the determinants of inclusive growth with a focus on foreign aid. Based on the Solow growth model, a theoretical model has been developed which shows that foreign aid can stimulate inclusive growth if it is effectively used for augmenting either physical or human...
Persistent link: https://www.econbiz.de/10010319930
Decoupling economic growth from environmental degradation and climate change, increasing resource efficiency, and promoting both sustainable production and sustainable lifestyles is a challenge in North Africa, a region where even a relative decoupling of income growth and carbon (CO2) emissions...
Persistent link: https://www.econbiz.de/10014533979