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Why did the country that borrowed the most industrialize first? Earlier research has viewed the explosion of debt in 18th century Britain as either detrimental, or as neutral for economic growth. In this paper, we argue instead that Britain's borrowing boom was beneficial. The massive issuance...
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, however, there still is a large room for increasing productivity and efficiency to boost the agricultural potential of the … country further. The government of Kazakhstan has introduced several policy packages in the past to boost productivity and … found in terms of policy effect on productivity and efficiency. The results of the analysis showed that direct subsidy …
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dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies … productivity index to provide estimates of gross technical efficiency, technical progress and returns to scale change, while taking …
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