This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...

An Englishman once watched his first American football game. He looked intently as the team gathered into a huddle after each play. His American host asked him what he thought of the proceedings. “Not a bad sport,” remarked the visitor, “but they do seem to engage in an excessive number of...

International analysis of economic growth has confirmed the theoretical assumption that international variations in per capita income can to a large extent be explained by differences in the accumulation of capital and human capital and by differing rates of technological progress. However,...

Latin American countries have lost competitiveness in world markets in comparison to China over the last two decades. The main purpose of this study is to examine the causes of this development. To this end an augmented Dornbusch-type Ricardian' model is estimated using panel data. The...

The paper presents a review of theoretical concepts and empirical findings on the issue of FDI-induced spillover and crowding-effects in the Chinese economy. Against the background of the peculiar characteristics of China's FDI-inflows the paper discusses various research agendas and results. It...

Irland hat in letzter Zeit eine bemerkenswert positive Wirtschaftsentwicklung durchgemacht. Lassen sich aus dieser Entwicklung Lehren für Deutschland oder für andere Länder ziehen?

Der Beitrag betrachtet den chinesischen Wachstums- und Entwicklungsprozess der vergangenen drei Jahrzehnte aus dem Blickwinkel des Konzepts nachholenden Wachstums'. D.h. der Idee, dass bei aller Ideosynkrasie nationaler Strukturen ökonomische Entwicklungsprozesse grundsätzlich ähnlichen...