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While openness to trade is a well-recognized hallmark of the Asian growth model, another component of the model is a … measure the degree of leapfrogging than the extent of trade openness. We undertake a systematic look at the evidence both …
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understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per … health can enhance growth rate, whereas the overall revenue expenditure retards growth. Therefore, provinces' capital budgets …
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analysis identifies two deficits. Firstly, the ordo-liberal concept lacks an orientation towards growth politics. Secondly, the … arrangements and their incentive effects can foster limited liability as well as innovation and thus support sustainable growth. …
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