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Persistent link: https://www.econbiz.de/10004998727
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10010959467
distribution, comprising a case study of Philippines - discusses trends (1950-1982) relating to economic disparity, unemployment …
Persistent link: https://www.econbiz.de/10010967480
calculations on the Philippines suggest that capital flight contributed to lower the quality of long-term economic growth …. Sustained capital flight over three decades means that capital flight had a role for the Philippines to lose the opportunities … the macroeconomy more effectively, the Philippines remains caught in the perpetuity of crises, its economy hollowed …
Persistent link: https://www.econbiz.de/10005260151
stages of development (in the People’s Republic of China [PRC] and the Philippines) and one mature one (in India). Being … latecomers to offshoring work, the PRC and the Philippines have developed this industry in cooperation with multinational … Philippines has relied on MNEs to come in and set up facilities, with domestic firms setting up facilities where lower (knowledge …
Persistent link: https://www.econbiz.de/10009350540
Philippines. The results show that economic growth explains a lot but not all about poverty. The balance which seems fairly large …
Persistent link: https://www.econbiz.de/10010667527
Philippines, the urban informal sector developed much earlier than in the land surplus countries such as Fiji, Ghana, and Zimbabwe …
Persistent link: https://www.econbiz.de/10010697247
Proposals peddled to address the poverty problem are plenty-and keep growing. At one end of the spectrum are proposals contending that the root of the problem is simply the lack of a respectable economic growth. Putting the economy on a high-growth path is prescribed as all that is needed to...
Persistent link: https://www.econbiz.de/10005696487
Philippines and Thailand), there were considerable differences both in terms of instantaneous impact of the crisis and in terms of … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10010790382
economic growth rates in the Philippines. Remittance is the most important source of finance for the Philippines. Hence, this … the engine that drives growth and economic development in the Philippines. The ARDL model used enables the researchers to …, the findings show that there is no evidence of a long-run relationship between investment in the Philippines and the rate …
Persistent link: https://www.econbiz.de/10010674815