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The paper discusses the strategy of economic development of Russia, which has to be developed after the end of the first stage of post-communist transition – when private economy replaced the state-controlled one and stabilization has been obtained. Russia is considered as a heavy...
Persistent link: https://www.econbiz.de/10014164407
We investigate the relevance of beta (β, absolute and conditional) and sigma (σ) convergence in the economies of the Common Monetary Area of Southern Africa and in the provinces of the Republic of South Africa using panel data, allowing an understanding of growth and inequality in the region....
Persistent link: https://www.econbiz.de/10012404488
that state industrial policy in Europe after 1945 had been always one of the most controversial policy fields and that its … enormous differences between nations and regions in Europe, even when they had to face similar challenges. The paradigm shift … environment favourable to competition, innovation and technology transfer. For Western Europe, it was increasing trade and …
Persistent link: https://www.econbiz.de/10010432441
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The study analyzes the impacts of the financial and economic crisis on the potential growth in the European Union. It carries out quantitative analysis in order to reveal the medium and long-term trends. According to the analysis the impacts of the crisis are significantly different in the...
Persistent link: https://www.econbiz.de/10013085313
This study assesses the potential macroeconomic impact of the stimulus and the structural reforms supported by the Recovery and Resilience Facility (RRF) on the Greek economy. The set-up is a Dynamic Stochastic General Equilibrium (DSGE) model that is augmented to account for the main features...
Persistent link: https://www.econbiz.de/10014077832
Persistent link: https://www.econbiz.de/10000645412
Cross-country growth regressions have in recent years become a major growth industry. The most common purpose of this work has been to investigate the determinants of economic growth. But it is also possible to use the existing growth data to determine the extent to which policy choices help or...
Persistent link: https://www.econbiz.de/10014082485