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This paper contributes to trade diversification literature by comparing changes in relative (i.e. assessed in … particular, by focusing on the diversification of imports, we add a missing piece to already analysed export trends. We use …), they follow a similar path of evolution in the development process. Progressing relative diversification (despecialisation …
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The post-war experience of developing countries leads to two depressing conclusions: only a small number of countries have successfully developed; and development theory has not produced development. In this article we examine one critical fact that might provide insights into the development...
Persistent link: https://www.econbiz.de/10013147231
In this study an attempt is made to gauge the importance of prudent macro-economic management in the location choice decision of foreign direct investors. Moreover, infrastructure availability, market size, trade liberalisation and economic development are also considered, for a set of forty...
Persistent link: https://www.econbiz.de/10012960372
Illicit financial flows (IFFs) not only deprive developing countries of domestic resources for development, but also pose a continuing challenge for sustained growth, governance, and effective social justice. This paper provides theoretical and empirical evidence on this growing concern for the...
Persistent link: https://www.econbiz.de/10014260415
patterns of absolute diversification/concentration. The results show that in line with 'stages of diversification' approach …
Persistent link: https://www.econbiz.de/10011802037
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and vulnerable to external shocks.This report strives to analyze the main challenges for economic diversification from a … productivity angle.In looking at a set of high-growth economies of the past, the Growth Report 2008 identified common … total factor productivity to growth is on a declining path.The structural shift of the Ghanaian economy into services and …
Persistent link: https://www.econbiz.de/10012646743
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