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We investigate the impact of differences in privatisation method on national economic performance in transition … transition and recession was over. Our analysis suggests that an advantage of mass privatisation was that it led spontaneously to …
Persistent link: https://www.econbiz.de/10011606670
Although Thailand's service sector accounts for almost half of the national income and has a major stake in national employment, its contribution to the growth of the gross domestic product (GDP) fluctuates. Moreover, the share of the service sector in GDP is decreasing while many developed...
Persistent link: https://www.econbiz.de/10013079262
Although Thailand's service sector accounts for almost half of the national income and has a major stake in national employment, its contribution to the growth of the gross domestic product (GDP) fluctuates. Moreover, the share of the service sector in GDP is decreasing while many developed...
Persistent link: https://www.econbiz.de/10009781188
empirical indicators, and we employ non‐linear smooth transition models to evaluate the link between empirical indicators and …
Persistent link: https://www.econbiz.de/10014517008
This article uses “extreme-bound”-type analysis to revisit the determinants behind the widely differing economic growth in Russian regions prior to the recent global financial crisis. Using data of regional growth in 1995–2006 for 77 Russian regions, it examines the growth drivers for the...
Persistent link: https://www.econbiz.de/10011040302
The Index of Sustainable Economic Welfare (ISEW) was introduced by Daly and Cobb in 1989 in order to integrate the …
Persistent link: https://www.econbiz.de/10011048130
Dynamic panel data methods are used to estimate a growth model using data from 23 transition countries for the period … and other factors potentially relevant to growth in transition economies. It is found that ‘mass privatization’ is … structure and the speed with which the links between the state and firms were severed. -- Privatization ; transition economies …
Persistent link: https://www.econbiz.de/10003342122
We follow Woo (2011) in using the Catch-Up Index (CUI) to define the middle-income trap and identify the countries caught in it. The CUI shows that China became a middle-income country in 2007-2008. We see five major types of middle-income trap that China is vulnerable to (a) fiscal stress from...
Persistent link: https://www.econbiz.de/10013097879
Persistent link: https://www.econbiz.de/10013101550
This chapter takes stock of growth trends in Belarusian economy since 1996, reviews the evidence of accumulated challenges and risks within the existing growth patterns, and provides policy recommendations aimed at strengthening growth sustainability. In sum, while economic growth in Belarus in...
Persistent link: https://www.econbiz.de/10013058110