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In this multi-country study, sample countries selected from each segment of development levels areanalysed in terms of …, transition countries, Asian countries and Middle-East countries had been analysed and compared in terms of their development … paths and factors that determined their development levels such as real wages, foreign capital, trade, deficits and other …
Persistent link: https://www.econbiz.de/10005406760
Persistent link: https://www.econbiz.de/10005607499
The North-South gridlock is explored in more depth in the paper by Kathleen Macmillan. She notes that statements from Western political leaders, under pressure from increasingly vocal protestors, emphasizing the potential of trade liberalization to alleviate poverty in the developing world, have...
Persistent link: https://www.econbiz.de/10005518927
internal Socio-Economic development target units, Pumping money and strengthening the defense of the assisted nation only …
Persistent link: https://www.econbiz.de/10005556940
, to enhance countries' growth. I argue that the relationship between stock markets and growth is exaggerated and that the … simple act of opening a formal stock market is not a good predictor of whether a country will experience economic growth …. While it is possible that in some instances opening a stock market can lead to increased growth, I do not find any evidence …
Persistent link: https://www.econbiz.de/10010369472
growth. At early stages of development, the presence of indivisible projects limits the degree of risk … inability to diversify idiosyncratic risks introduces high uncertainty in the growth process. The typical development pattern …This paper offers a theory of development which links the degree of market incompleteness to capital accumulation and …
Persistent link: https://www.econbiz.de/10005124312
As noted by Gurley and Shaw, there is a typical pattern of economic development in which the evolution of the financial … system is an essential aspect of the growth process. We focus on one component of this evolution: the increasing importance … of equity markets as an economy grows. We develop a growth model where capital accumulation is financed externally …
Persistent link: https://www.econbiz.de/10005596717
Persistent link: https://www.econbiz.de/10011774279
While production of ICT equipment plays a subordinate role for economic growth in most of these countries, they do … benefit from capital deepening arising from falling prices of ICT equipment. Adapting established growth accounting approaches … to the data environment of low-income countries, we quantify the growth impacts of absorption of ICT equipment, finding …
Persistent link: https://www.econbiz.de/10008470403
High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth … dangers and reasons for India’s growth slowdown and proposes policy reforms for sustaining fast growth. …
Persistent link: https://www.econbiz.de/10011242331