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 …

We show that the effects of inflation on growth change substantially as the inflation rate rises. Moreover the … inflation first begins to seriously negatively affect growth is around 8% for industrial economies but 3% or less for developing … countries. Marginal growth costs for developing countries then decline significantly above 50% inflation. Failure to account for …

impact of both trends on long-run economic growth is studied, and results are discussed in light of relevant policy debate. …

This essay reviews the historical and ongoing role played by trade in sustained high growth and human development … supply-side capacity. Given the strong links between trade-led growth, economic upgrading, and poverty reduction, the paper … argues that trade led economic growth must be prioritised in the post-2015 development agenda. …

policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …

The hallmark of the recent development and growth literature is a quest to identify institutions that explain a …

This paper explores the real exchange rate (RER)-economic growth relationship for a wide sample of countries over the … undervalued RER and growth in non-industrial countries, particularly in those with upper-middle and high income levels. In turn …, RER volatility is found harmful for growth. These results holds when testing for asymmetric effects of RER misalignment: a …

-income countries. From the perspective of growth theory, the productive-consumption hypothesis is of fundamental interest because it …-consumption hypothesis into a simple endogenous growth model reveals the following implications: (a) the possibility of a poverty-trap, (b … rising saving rate, and (e) transitional dynamics to an asymptotic balanced growth equilibrium. …

Four stylised facts of economic growth in DCs are set up initially. Despite its obvious simplicity the linear growth … development. Hence, the big diversity in growth rates can partly be explained to represent transitional phenomena. However, if … international symmetry with respect to preferences and technology is supposed, the possible range of different growth rates is …