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role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …
Persistent link: https://www.econbiz.de/10011790517
In this paper, we study the interdependent relationship between three types of investments: foreign direct investments …, central government investments, and all other investments, and their role in the gross domestic product dynamics in the … that, in the long run, there is only one relationship in which all other investments are dependent variables. In it, the …
Persistent link: https://www.econbiz.de/10011862144
1980 to 2012. Our results indicate that private and public investments are strong drivers of growth, while more limited …This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate … evidence is found that reduced financial risk and higher foreign direct investment support growth. The exchange rate regime …
Persistent link: https://www.econbiz.de/10013013822
Internal epidemiological restrictions and external shocks have had a significant impact on economic growth in Russia … to GDP dynamics was partially offset by an increase in domestic demand on the back of the outstripping growth of …
Persistent link: https://www.econbiz.de/10013215919
The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … occurred over time, supporting a new growth model with a reduced role of the state, and these shifts appear driven more by …
Persistent link: https://www.econbiz.de/10011657882
For the past nearly forty years, China has experienced average annual real GDP growth of close to ten percent, much of … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … same time, the relative size of foreign investment in China has become negligible and the China growth story thus has …
Persistent link: https://www.econbiz.de/10011659322
that foreign reserve accumulation is part and parcel of a growth strategy based on strong capital investment in a … down once the economic growth rate decelerates and the domestic financial market develops …
Persistent link: https://www.econbiz.de/10013076609
A large body of evidence suggests that poor countries tend to invest less (have lower PPP - adjusted investment rates) and to face higher relative prices of investment goods. It has been suggested that this happens either because these countries have lower TFP in the investment - good producing...
Persistent link: https://www.econbiz.de/10012727281
fast-growing emerging economies. The demand for foreign reserves stems from the interaction between productivity growth and …
Persistent link: https://www.econbiz.de/10012954174
fast-growing emerging economies. The demand for foreign reserves stems from the interaction between productivity growth and …
Persistent link: https://www.econbiz.de/10013012528