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The EU candidate and potential candidate countries have made considerable progress in economic transition and integration into the world economy within less than two decades. Nevertheless, gaps in terms of income per capita relative to the euro area remain large. This suggests that the...
Persistent link: https://www.econbiz.de/10011606238
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In light of the profound changes that both the European economy and European politics have experienced since the global financial crisis of 2008, this policy paper intends to retrace the experience of Central, Eastern and Southeastern European (CESEE) countries with transition and catching-up...
Persistent link: https://www.econbiz.de/10013369935
We compare the economic and environmental performances of India and China over the past decade against the Euro Area …, Japan, and the USA. India has emerged as the world's fastest growing large economy, but closer scrutiny suggests this …-Samuelson effect. Indeed, notwithstanding its superior level of economic development relative to India, China still posts stronger …
Persistent link: https://www.econbiz.de/10014515220
This paper analyses the integration of China and India into the global economy. To this end, it presents estimates from … China’s trade intensity is higher than fundamentals would suggest, whereas the converse is true for India. Second, Chinese …, China’s exports of services tend to complement its exports of goods, while India’s exports are growing only in deregulated …
Persistent link: https://www.econbiz.de/10011606232
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(IPRs) enforcement, with special reference to injunctions in India. It examines how far the courts consider the implications …
Persistent link: https://www.econbiz.de/10014494919
Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the productivity trend. For such AI-generated growth to work, high...
Persistent link: https://www.econbiz.de/10014560197
This paper analyzes the distribution of real household incomes and consumption growth in Azerbaijan between 2004 and 2009. Decile-specific price deflators were used to calculate real incomes and consumption dynamics. The analysis, which was based on growth incidence curves, showed that economic...
Persistent link: https://www.econbiz.de/10011430859
Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number of proxy variables, whereas Total Factor Productivity is...
Persistent link: https://www.econbiz.de/10011430860