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 …

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 …

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 and External Stabilisation (defined in terms of Current Account Balance as a percentage of GDP) is a … targeted for an average GDP growth rate of 9 percent and a Current Account Deficit (CAD) below 2.5 percent of GDP during the … services trade on India's Economic Growth and Current Account Balance, during the post-reform period from 1990-91 to 2011 …

plethora of perspective towards the current account deficit-economic growth nexus, there is still no consensus on the impact … that there is a positive relationship between current account balance and growth and other variables that come about as … capital absorptive capacity of the country such that foreign aid will be effective aiming at stage managing growth …

The purpose of this study is to assess, from a Balance of Payment Constraint Growth (BPCG) theoretical perspective … builds a BPCG model for the post-COVID era and applies it to evaluate challenges to growth in six countries: Chile, Colombia …