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Persistent link: https://www.econbiz.de/10010928263
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problem of sovereign bonds issued by peripheral Euro-States. The other is the fall in the rate of growth of the Eurozone …
Persistent link: https://www.econbiz.de/10010798322
Over the last two decades MENA countries as much of the developing countries have experienced a wave of liberalization of financial sector. The purpose of this paper is three fold: to review the literature on the rationale for financial repression, examining why governments adopt financial...
Persistent link: https://www.econbiz.de/10005561741
running from social conditions and factors to productivity growth. <p> The objective of the second issue of the Review of … between population, education, health and social divergence and productivity. In the fourth section, three papers address the …
Persistent link: https://www.econbiz.de/10005518911
acceleration in per capita GDP reflects an acceleration in employment rate growth, not in productivity growth. The main policy …-friendly industrial and tax policies; stick to free or low-cost secondary and post-secondary education; and ensure aggregate supply can …
Persistent link: https://www.econbiz.de/10005518962
.S. productivity levels during the postwar period and finds strong evidence for this phenomenon up to 1990, with rapid growth in … investment, education, and R&D in OECD countries accounting for the catch-up. The process of convergence seems to have ended in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given …
Persistent link: https://www.econbiz.de/10005518976
productivity growth, capital per worker and the skills level of the workforce as represented by educational attainment, have … improved markedly in the construction sector in recent years. He explains the stagnation of labour productivity growth despite … problems which underestimate productivity growth. …
Persistent link: https://www.econbiz.de/10005518983
This paper investigates the relationship between the size of an unfunded public pension system and economic growth in … an overlapping generation economy, in which altruistic parents finance the education of their children and leave bequests … argument of parental utility. Unfunded public pensions can promote growth when families face liquidity constraints preventing …
Persistent link: https://www.econbiz.de/10005530831
concerned with productivity and competitiveness issues. Not surprisingly, formal education is the preferred and most … achieved through a better understanding of the relationship between the skills developed through formal education and their … points out, "the issue is not whether education has benefits but, rather, the magnitude of its 'true' benefits, the benefits …
Persistent link: https://www.econbiz.de/10005481812