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Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its member states and to speed up the process ofconvergence. This paper empirically explores the effectiveness of European Structural Fundsby means of a panel data analysis for 13...
Persistent link: https://www.econbiz.de/10011327526
economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper … attempts to fill this gap by answering how and to what extent oil-price shocks impact China’s economy, emphasizing on the price … differentiated price control policies for materials and intermediates on the one hand and final products on the other hand in China …
Persistent link: https://www.econbiz.de/10014208269
capital, business environment, to investigate what extent China’s economy structure is likely hit by SARS epidemic in 2003 and … global financial crisis in 2008. It finds that China’s economy structure is unchanged after the hits, the deep economy … crisis have no impact on the long run factor, accordingly, China’s economy growth is sustainable. It suggests further human …
Persistent link: https://www.econbiz.de/10013237176
Many developing countries have attempted to pursue the East Asian growth model in recent decades. This model is widely perceived to have been based on export-led growth. Given that developed countries are likely to grow at a slower rate and be less willing to run trade deficits in the...
Persistent link: https://www.econbiz.de/10009381662
This paper assesses why the 2008–2009 global economic recession impacted East Asia less than it did the United States (US) and the European Union (EU). The paper utilizes a “growth-with-resilience” (GWR) index aimed at measuring the extent to which a country can absorb or counteract...
Persistent link: https://www.econbiz.de/10013088233
In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative — a comprehensive debt relief program aimed at reducing the external debt burden of eligible countries to sustainable levels, provided they carry out strong programs of macroeconomic adjustment and...
Persistent link: https://www.econbiz.de/10013028675
In the last 33 years after the People's Republic of China's (PRC) openness and reform, huge amounts of foreign direct …
Persistent link: https://www.econbiz.de/10009734196
Persistent link: https://www.econbiz.de/10009675194
India's decelerating wheat- and rice-yield growth rates have led to questions of whether India's agricultural sector will be able to meet future food demands. To explore this issue, ERS researchers measure sector-level agricultural total factor productivity (TFP) growth and evaluate how public...
Persistent link: https://www.econbiz.de/10013001517
Persistent link: https://www.econbiz.de/10010212785