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The transitional recession in countries of Eastern Europe and the Former Soviet Union has lasted much longer than expected. The legacy of the past and recent policy mistakes have both contributed to the slow progress. As structural reforms and gradual institution building have taken hold, the...
Persistent link: https://www.econbiz.de/10005605388
various estimation issues including reverse causality and endogeneity. In addition, threshold effects, nonlinearities, and … increase in the initial debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0 …
Persistent link: https://www.econbiz.de/10008646412
suggested model includes linear and non-linear time trends, and stationary and nonstationary processes based on integer and …
Persistent link: https://www.econbiz.de/10005181402
ratio and real GDP and the savings ratio and real GDP are fractionally cointegrated. The policy implications are explained. …
Persistent link: https://www.econbiz.de/10008492365
, with particular emphasis on his estimates of population, real GDP, and real GDP per capita for very long periods, going … article concludes that the book will be required reading for all economists interested in long-run economic growth trends and …
Persistent link: https://www.econbiz.de/10005518964
to the G-7 countries and study various aspects of national and global business cycles, obtaining three main results …
Persistent link: https://www.econbiz.de/10008839326
This report presents the summary results of purchasing power parities (PPP) in the 2011 International Comparison Program in Asia and the Pacific and background information on the concepts that underpin the results. The PPPs are disaggregated by major economic aggregates which enable robust...
Persistent link: https://www.econbiz.de/10010942332
This paper examines the time series behaviour of three variables (GDP, price level of consumption and population) in … in the cases of Benin, Burkina Faso and Senegal for GDP. …
Persistent link: https://www.econbiz.de/10011130294
This Selected Issues paper analyzes Jamaica’s experience of low growth despite consistently high investment rates. It suggests that the link between public debt and productivity is part of the answer to the puzzle. The paper considers Jamaica’s debt management strategy and its...
Persistent link: https://www.econbiz.de/10011244350
by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The …
Persistent link: https://www.econbiz.de/10005826291