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Northern Star; Canada's Path to Economic Prosperity
Klyuev, Vladimir; Mühleisen, Martin; Bayoumi, Tamim - International Monetary Fund (IMF) - 2007
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
Persistent link: https://www.econbiz.de/10011245903
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China's Growth and Integration into the World Economy; Prospects and Challenges
Prasad, Eswar - International Monetary Fund (IMF) - 2004
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
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Making growth more inclusive in Thailand
Fleischer, Lara; Bogiatzis, Adam; Asada, Hidekatsu; … - 2018
The People pillar of the 2030 Agenda for Sustainable Development focuses on quality of life in all its dimensions, and emphasises the international community’s commitment to ensuring all human beings can fulfil their potential in dignity, equality and good health. Thailand’s path from a...
Persistent link: https://www.econbiz.de/10011914176
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Generational Aspects of Inclusive Growth
Baduel, Bénédicte; Ter-Martirosyan, Anna; Isakova, Asel - 2021
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10013226436
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The Effect of Population Aging on Economic Growth, the Labor Force and Productivity
Maestas, Nicole; Mullen, Kathleen; Powell, David - 2016
Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical … trends in fertility. We use predicted variation in the rate of population aging across U.S. states over the period 1980 …-2010 to estimate the economic impact of aging on state output per capita. We find that a 10% increase in the fraction of the …
Persistent link: https://www.econbiz.de/10014140108
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Population aging, silver dividend, and economic growth
Park, Donghyun; Shin, Kwanho - 2023
While there are growing concerns about population aging, some studies explore the possibility that population aging can … sources of growth in an aging society. Extending Lee and Shin (2021) to include developing countries, we examine the potential … for a silver dividend by investigating the channels through which population aging affects economic growth. We find that …
Persistent link: https://www.econbiz.de/10014227869
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Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council
Behar, Alberto - 2015
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an...
Persistent link: https://www.econbiz.de/10013015593
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Job Protection Deregulation in Good and Bad Times
Duval, Romain - 2018
This paper explores the short-term employment effect of deregulating job protection forregular workers and how it varies with prevailing business cycle conditions. We apply a localprojection method to a newly constructed 'narrative' dataset of major regular job protectionreforms covering 26...
Persistent link: https://www.econbiz.de/10012929932
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What are the Effects of Public Debt on Innovation and Employment Growth?
Coccia, Mario - 2015
The study here analyzes, across European countries, the relationship between labour and drivers of technological innovation, also considering the interaction of these variables with the structural indicator of the public debt. The main findings are: the fruitful effect of total public...
Persistent link: https://www.econbiz.de/10014137022
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Macroeconomic Effects and Policy Challenges of Population Aging
Faruqee, Hamid; Tamirisa, Natalia T. - International Monetary Fund (IMF) - 2006
This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a … small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace … comparable to that in other advanced countries in Europe. Simulations show that population aging is likely to slow economic …
Persistent link: https://www.econbiz.de/10005264152