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A Real Model of Transitional Growth and Competitiveness in China
Lipschitz, Leslie; Verdier, Geneviève; Rochon, Céline - International Monetary Fund (IMF) - 2008
We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only...
Persistent link: https://www.econbiz.de/10005825815
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Chile; Institutions and Policies Underpinning Stability and Growth
Kalter, Eliot; Phillips, Steven; Singh, Manmohan; … - International Monetary Fund (IMF) - 2004
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...
Persistent link: https://www.econbiz.de/10005767351
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Challenges ahead: Integrating Europe's new members
Boorman, Jack; Adamkus, Valdas; Verheugen, Günter; … - In: CESifo Forum 3 (2002) 2, pp. 26-40
Persistent link: https://www.econbiz.de/10004998686
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Immigration Following EU Eastern Enlargement
Sinn, Hans-Werner; Werding, Martin - In: CESifo Forum 2 (2001) 2, pp. 40-47
Persistent link: https://www.econbiz.de/10005010162
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The European Labour Markets - The Search for Routes to Better Economic Performance in Continental Europe
Zoega, Gylfi; Phelps, Edmund - In: CESifo Forum 5 (2004) 1, pp. 3-11
Persistent link: https://www.econbiz.de/10004998729
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Innovation, Venture Capital and Globalization: the Role of Public Policies
Palacin, Jose - Economic Commission for Europe (UN-ECE), United Nations - 2008
Creating more innovative and dynamic economies is one of the fundamental challenges facing both advanced and emerging market economies. An important ingredient of this involves the creation of entrepreneurial firms which can quickly translate creative ideas and scientific discoveries into viable...
Persistent link: https://www.econbiz.de/10005016197
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A Chinese renaissance in an unremittingly integrating global economy
Das, Dilip K. - In: CESifo Forum 9 (2008) 1, pp. 39-46
Persistent link: https://www.econbiz.de/10005013195
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Institutions and Economic Performance - To Grow or Not to Grow: Why Institutions Must Make a Difference
Gylfason, Thorvaldur - In: CESifo DICE Report 2 (2004) 2, pp. 3-9
Persistent link: https://www.econbiz.de/10005056457
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Developing Essential Financial Markets in Smaller Economies; Stylized Facts and Policy Options
International Monetary Fund (IMF); International … - 2008
This paper surveys the foreign exchange markets, money and secondary government security markets, and stock exchanges in 107 smaller economy countries. The underdevelopment of these markets impedes risk transfer, monetary policy, corporate financing, and the capacity to absorb capital inflows....
Persistent link: https://www.econbiz.de/10011245902
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The Savings Trap and Economic Take-Off
Ghosh, Atish R.; Asilis, Carlos M. - International Monetary Fund (IMF) - 1992
determine savings, investment and growth. Investment is assumed to involve intermediation or other costs which may, in each … period, result in either of two stable equilibria for the savings rate. At the “good” equilibrium, savings and growth are … individual’s belief about the savings behavior of other agents in the economy. The model implies that fiscal policy or public …
Persistent link: https://www.econbiz.de/10005263787