influenced the shape of these systems as well as the long-run growth outcomes observed among the group of economies that …

Africa's improved growth performance over the last 15 years provides an opportunity for the continent to transit from …. Government intervention in favour of industrialization in the 1960s-1970s resulted in the neglect of agriculture, poor growth … require accelerated agricultural productivity growth, a modernized informal service sector, and effective industrialization …

Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a … attention on the wrong issue. There is nothing in the literature that suggeststhat this period of the "Hindu Rate of Growth" had … allows a statistically more accurate determination of thedifferent phases of Indian economic growth. The paper confirms that …

We use the two-sector specific factors model, which is known from the theory of international trade, in a growth … major historical trends and structural turnarounds. -- economic growth ; technical change ; distribution of income …

financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of … paper starts by illustrating these opposing effects by, first, analyzing the dynamics of output growth and financial … intermediation around systemic banking crises and, second, showing that the growth enhancing effects of financial depth are weaker in …