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Growth, Investment and Productivity in Papua New Guinea
Faal, Ebrima - 2010
to GDP ratio of only 13 per cent during the past decade, significantly higher productivity growth and investment will be … needed to sustain GDP growth rates at 5 per cent or higher. The historical performance also indicates that, in the absence of …
Persistent link: https://www.econbiz.de/10013138043
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Growth and Productivity in Papua New Guinea
Faal, Ebrima - 2006
lower Total Factor Productivity (TFP) growth. It also suggests that raising real GDP growth will require increases in both … investment levels and productivity. With a ratio of investment to GDP of 13 percent during the last decade, significantly higher … productivity growth and investment will be needed to sustain GDP growth rates at 5 percent or higher. The historical performance …
Persistent link: https://www.econbiz.de/10012779887
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Asian development outlook forecast skill
Ferrarini, Benno - 2014
current-year gross domestic product (GDP) growth and consumer price index (CPI) inflation of Asian economies. WEO may have an … edge over ADO when it comes to year-ahead GDP forecasts, while ADO's inflation forecasts tend to be more accurate. By and …
Persistent link: https://www.econbiz.de/10010241351
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Asian Development Outlook Forecast Skill
Ferrarini, Benno - 2014
current-year gross domestic product (GDP) growth and consumer price index (CPI) inflation of Asian economies. WEO may have an … edge over ADO when it comes to year-ahead GDP forecasts, while ADO's inflation forecasts tend to be more accurate. By and …
Persistent link: https://www.econbiz.de/10013049286
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Preparing Developed Democracies for Long-Run Economic Slowdowns
Burgess, Matthew; Carrico, Amanda; Gaines, Steven D.; … - 2021
Economic growth in the 19th and 20th centuries, following the Industrial Revolutions, was much faster than in preceding centuries. This unprecedented global growth coincided with the global proliferation of democracy, with some evidence for bidirectional causation. Macroeconomic forecasts have...
Persistent link: https://www.econbiz.de/10013245417
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Asian development outlook forecast accuracy 2007-2016
Ferrarini, Benno - 2019
This is done in relation to the benchmark of World Economic Outlook (WEO) projections by the International Monetary Fund. Amid much heterogeneity across countries and years, it has been found that ADO and WEO projections overlap quite closely. Both are inaccurate, especially during crisis years,...
Persistent link: https://www.econbiz.de/10011955528
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Why we don't see poverty convergence : the role of macroeconomic volatility
Crespo Cuaresma, Jesús; Klasen, Stephan; Wacker, Konstantin - 2013
Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-23; 2012) presents evidence against the existence of poverty convergence in aggregate data despite the conditional convergence of per capita income levels and the close linkage between growth and...
Persistent link: https://www.econbiz.de/10010360158
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Information technology and its role in India's economic development : a review
Singh, Nirvikar - 2014 - rev.
Information technology (IT) is an example of a general purpose technology that has the potential to play an important role in economic growth, as well as other dimensions of economic and social development. This paper reviews several interrelated aspects of the role of information technology in...
Persistent link: https://www.econbiz.de/10010344931
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Financial Development and Long-Run Volatility Trends
Wang, Pengfei - 2013
Countries with more developed financial markets (as measured by the private debt-to-GDP ratio) tend to have … allocations under more relaxed borrowing constraints can reduce the impact of non-financial shocks (such as TFP shocks, government …
Persistent link: https://www.econbiz.de/10013088166
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On the Link between the Volatility and Skewness of Growth
Bekaert, Geert - 2018
-of-period GDP per capita …
Persistent link: https://www.econbiz.de/10012938656