to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate … and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits …

systematic relation between fast growth and preference for delayed consumption. The third part applies the methodology to the …

Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind … the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence …

to the relative size of the countries’ GDP. We conclude that the continuation of the fast growth rate of China, while … last resort", the hinese growth path would be challenged by its own success. -- Current account imbalances ; growth ; size …This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate …

physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …

Developing countries have greatly benefited from globalization, coinciding with economic growth and structural … factor proportions of production and indirectly through the trickledown effect of growth. Existing multicountry studies using … and above the growth-poverty nexus. This paper is motivated by the concern that the failure of these studies to detect the …

This study examines the relationship between current-account imbalances and economic growth during the 2008 … estimates. Statistical data are used, including the average of the GDP growth rate in the years prior to the crisis (2003 …-2007), the average of the GDP growth rate for 2008 and 2009, current account as a percentage of GDP, and the level of average …

economic growth between Germany and its major trading partners, the innovative strength of German enterprises, as well as … against third countries. International trade is not a zero sum game. Increasing German exports contribute to growth in other …". Stronger wage growth and higher government expenditures, which are often claimed, could undermine successful economic reforms …

distributional determinants of demand and growth. A general conclusion has been that open economy considerations weaken the potential … for a wage-led growth regime. However, this literature has largely ignored asset portfolio considerations and the stock …