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Countries pass through different stages of structural transformation. In the early stage of development, economic activity is dominated by agriculture and mining. As a country develops, firms adopt new technology and move toward industrialization and faster economic growth. Eventually, the...
Persistent link: https://www.econbiz.de/10012199154
a new paradigm of domestic demand-led growth. Globalization has so diversified global economic activity that no country …
Persistent link: https://www.econbiz.de/10013122315
a new paradigm of domestic demand-led growth. Globalization has so diversified global economic activity that no country …
Persistent link: https://www.econbiz.de/10009269460
In diesem Artikel diskutieren wir die Notwendigkeit von Industriepolitik und die Rolle der Entwicklungsbanken für … wirtschaftliche Entwicklung. Der Aufholprozess der Länder des globalen Südens auf das Produktivitätsniveau und den Lebensstandard des … Erleichterung des wirtschaftlichen Aufholprozesses des globalen Südens als Teil der notwendigen Industriepolitik. Sie können …
Persistent link: https://www.econbiz.de/10012940029
The catching-up of countries in the Global South to productivity levels and living standards of the Global North is the exception. There are two main economic explanations for this. First, developing countries are pushed to low-tech-labor-intensive productions and tasks in global value chains....
Persistent link: https://www.econbiz.de/10012231981
Persistent link: https://www.econbiz.de/10012101635
A Schumpeterian theory of development and underdevelopment in an open global economy with technology transfer, trade …
Persistent link: https://www.econbiz.de/10014063867
This essay focuses on two questions: How do the current economic systems and institutions of Islamic nations differ from those of other nations at roughly the same stage of economic development? And what is the impact of Islam on the economic and social performance of these nations? Using a...
Persistent link: https://www.econbiz.de/10012732940
Success in development over the past half-century was based on manufacturing-led export growth. Because the share of global employment in manufacturing will decline, manufacturing won't play the same role in the coming decades. An increase in manufacturing employment won't suffice to meet the...
Persistent link: https://www.econbiz.de/10011955468
Participation in the modern, globalized economy necessarily entails some degree of economy-level specialization in terms of the relative intensities of activities, since all economies – and especially developing ones – are small relative to the global economy. At the same time, it has been...
Persistent link: https://www.econbiz.de/10012904163