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Namibia celebrated its 20th birthday in 2010. The tertiary sector in Namibia contributes more than 50 per cent to GDP, followed by primary and secondary industries. Mining and quarrying account for about 13 per cent of GDP, compared with 6 per cent and 4 per cent for agriculture and fisheries,...
Persistent link: https://www.econbiz.de/10013038488
This paper proposes a model of international trade with capital accumulation and financial intermediation. This is achieved by embedding the Melitz (2003) model into an incomplete-markets neoclassical framework with an endogenous credit market. The model preserves the analytical tractability of...
Persistent link: https://www.econbiz.de/10013109531
”. With the primary objective of developing collective strategies for sustainable growth and development from various … sustainable growth of their business. The transition from recession to recovery presents unique opportunities and challenges to … University, on the theme of “Global Recession to Global Recovery: Opportunity, Challenges and Strategies for Sustainable Growth …
Persistent link: https://www.econbiz.de/10013110884
For a long time, China’s impressive growth performance has been driven by investment and high productivity gains. Based … sustainability of China’s investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant … soft budget constraints is seen to undermine China’s long-term growth potential. …
Persistent link: https://www.econbiz.de/10012016064
Protectionist sentiments have been rising globally in recent years. The consequences of a surge in protectionist measures present policy challenges for emerging markets (EMs), which have become increasingly exposed to global trade. This paper serves two main purposes. First, we collect several...
Persistent link: https://www.econbiz.de/10014048845
Persistent link: https://www.econbiz.de/10011774279
In this paper, we show, using the consumer’s budget constraint, that the residuals of the trend relationship among consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for a panel of 31 emerging economies and find that,...
Persistent link: https://www.econbiz.de/10013315965
In this paper, we show, using the consumer's budget constraint, that the residuals of the trend relationship among consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for a panel of 31 emerging economies and find that,...
Persistent link: https://www.econbiz.de/10014176822
Persistent link: https://www.econbiz.de/10011297756
current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel … with considerable impacts of exports to EME and AdE, exports to China have limited effects on the growth of its partners …. However, the global financial crisis marks a turning point of China’s role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012209723