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China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country's low levels of financial and institutional development, state-dominated economy, and nondemocratic government. Notwithstanding the inefficient and risky growth model, the...
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largely ignored link between demographics and economics. Design/methodology/approach – The paper achieves its objective by … in this direction. In future research, demographics must be monitored to make social and economic plans for the working … policy‐makers, especially those unaware of the role of demographics in productivity and planning.  …
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Mehr als andere hoch entwickelte Industriestaaten steht Deutschland vor weit reichenden demographischen Herausforderungen. Die Alterspyramide gerät von zwei Seiten her ins Wanken: durch niedrige Geburtenzahlen und steigende Lebenserwartung. So wird es in Deutschland im Jahr 2050 ebenso viele...
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An ageing population raises challenges for our societies and economies culturally, organisationally and from an economic point of view. Policymakers worry about how living standards will be affected as each worker has to provide for the consumption needs of a growing number of elderly...
Persistent link: https://www.econbiz.de/10015307142
The new growth literature, using both endogenous growth and neoclassical models, has generated strong claims for the effect of national policies on economic growth. Empirical work on policies and growth has tended to confirm these claims. This paper casts doubt on this claim for strong effects...
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When India became a republic in 1950, the economy was primarily agrarian, with threefifths of output originating from agriculture. In the sixty years since independence, there has been a significant transformation of economic activity away from agriculture, with less than one-fifth of output now...
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