Showing 1 - 10 of 3,368
The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in the past decades, which has promoted its fast economic growth and has reached a level of middle-income in recent years. It is widely accepted that the PRC's status as the...
Persistent link: https://www.econbiz.de/10011667026
This paper argues that the single most important factor that explains East Asia's development success was its fast … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …
Persistent link: https://www.econbiz.de/10011880537
Since the late 1970s, the Chinese government has been undertaking major efforts in developing their countries economy by means of industrial policy. However, a more narrow approach to industrial policy has been pursued only since 2010, with the initiation of the 'Strategic Emerging Industries'...
Persistent link: https://www.econbiz.de/10014327490
The process of economic reforms launched in 1978, and gradually extended until current days, has catapulted China into a stellar growth trajectory that has proven highly resilient. In this paper, we estimate the effect on economic development of China's industrial policy, in particular, the...
Persistent link: https://www.econbiz.de/10013071566
China has become the largest and fastest growing semiconductor market in the world, absorbing 40% of the worldwide semiconductor shipments. For US semiconductor firms, nothing compares to the China market. China however faces a fundamental dilemma. As the world's leading exporter of electronic...
Persistent link: https://www.econbiz.de/10012993915
The paper analyses the enigmatic high growth in Ethiopia from 2004 to 2015 (10.9% p.a.) and gauges the prospects for the future. In 2000, Ethiopia was the poorest country on the globe in per capita GDP - a mere 124 USD in current prices. The main finding is that the take-off was driven by...
Persistent link: https://www.econbiz.de/10011487504
This paper aims to redefine the term competitiveness to enhance its usefulness for the evaluation of country performance and for policy conclusions. We attempt to establish a definition that is adequate if economic policy strives for a new growth path that is more dynamic, socially inclusive and...
Persistent link: https://www.econbiz.de/10010431697
This research paper provides a solid historical overview of European industrial policy during the post-WWII era, extending the time horizon up to the 1990s. Our research focus is the EU 15. Unlike previous publications, this paper outlines the most important characteristics and drivers of...
Persistent link: https://www.econbiz.de/10010432441
South Africa has exhibited tepid economic growth over the past twenty years as well as high levels of income inequality characteristic of a middle income country growth trap. This paper compares and contrasts South Africa's growth trap relative to middle-income peer economies. In addition, we...
Persistent link: https://www.econbiz.de/10010434420