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Persistent link: https://www.econbiz.de/10010361332
impact of both trends on long-run economic growth is studied, and results are discussed in light of relevant policy debate. …
Persistent link: https://www.econbiz.de/10011304117
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. …
Persistent link: https://www.econbiz.de/10010380593
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 …
Persistent link: https://www.econbiz.de/10011560902
policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10010469677
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
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 …
Persistent link: https://www.econbiz.de/10011615569
Persistent link: https://www.econbiz.de/10010359036
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …-Economic Panel that we combine with geographic flood data, we compare the savings behavior of affected and non-affected individuals …
Persistent link: https://www.econbiz.de/10010516460