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his paper puts forward and empirically tests the conjecture that specialisation in Natural Resource Industries (NRI) might not necessarily be a ‘curse' for (developing) countries, if it provides opportunities for export diversification in backward linked sectors à la Hirschman. We first...
Persistent link: https://www.econbiz.de/10012864723
Global value chain (GVC) participation has been identified as one of the means by which developing countries can attain inclusive growth yet little attention has been paid to it in sub-Saharan Africa (SSA). Motivated by the dearth of studies on SSA, we investigate the effect of GVC participation...
Persistent link: https://www.econbiz.de/10012544829
The results of decomposition of output growth suggest that in 2015 the main factor inputs increased while the gross value added (GVA) of industrial production dropped. Capital inputs play a dominant part in the structure of main factor inputs in industry. According to preliminary estimates, the...
Persistent link: https://www.econbiz.de/10012995673
Economic Growth and External Stabilisation (defined in terms of Current Account Balance as a percentage of GDP) is a top priority for policy-makers, while laying out the macroeconomic framework for Indian economy. Government of India had targeted for an average GDP growth rate of 9 percent and a...
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This paper is aimed to decompose, the economic growth of the Afar national regional state of Ethiopia in to labor productivity, employment rate and working age population and to verify whether the positive economic growth registered earlier on the region was a job creation growth or not. To do...
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The global economy is currently experiencing a new wave of technological change involving new technologies, especially in the realm of artificial intelligence and robotics, but not limited to it. One key concern in this context is the consequences of these new technologies on the labour market....
Persistent link: https://www.econbiz.de/10012193762