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economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth.<P>En marche pour la prospérité : Réformer pour poursuivre le rattrapage en Chine<BR>La Chine est bien placée pour ne …
Persistent link: https://www.econbiz.de/10011277005
developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on … migration. The essential question is whether, in times to come, these four countries could be the new engines of growth for the … world economy. The answer is that rapid growth in China already supports growth elsewhere, so far primarily as a market for …
Persistent link: https://www.econbiz.de/10010323529
For a long time, China’s impressive growth performance has been driven by investment and high productivity gains. Based … sustainability of China’s investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant … soft budget constraints is seen to undermine China’s long-term growth potential. …
Persistent link: https://www.econbiz.de/10012016064
Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …
Persistent link: https://www.econbiz.de/10005062412
current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel … with considerable impacts of exports to EME and AdE, exports to China have limited effects on the growth of its partners …. However, the global financial crisis marks a turning point of China’s role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012209723
the current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of … with considerable impacts of exports to EDE and AdE, exports to China have limited effects on the growth of its partners …. However, the recent financial crisis marks a turning point of China's role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012120434
Persistent link: https://www.econbiz.de/10013017038
growth of India puts it's among the largest and fastest growing economy of the world. Following the liberalization, Asian …
Persistent link: https://www.econbiz.de/10013146559
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
Recent trends suggest the world economy may be tending towards an equilibrium with two distinct trading blocs, each internally integrated, but with significant isolation between the blocs. This paper uses a quantitative theory to explore how far this bifurcation would need to go to pose a threat...
Persistent link: https://www.econbiz.de/10014322792