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of the divergent economic performances. Our diagnostic analysis reveals that a large part of West Bengal's development …
Persistent link: https://www.econbiz.de/10004991315
There is little doubt that technology change, both in terms of its process and quality dimensions, represents the principal driving force to explain comparative economic performance at both micro and macro levels. This paper examines the sources of technology change and the impediments to the...
Persistent link: https://www.econbiz.de/10010286934
economic development and the dynamics of inequality withinand across societies. The study argues that entrepreneurial spirit … evolved non-monotonicallyin the course of human history. In early stages of development, risk-tolerant, growthpromoting traits … process of economic development. Inmature stages of development, however, risk-averse traits gained an evolutionary advantage …
Persistent link: https://www.econbiz.de/10009486959
of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …, and slowly increases at later stages of development. Third, the volatility of country-specific macroeconomic shocks falls …
Persistent link: https://www.econbiz.de/10010884605
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
and the development of the UAE’s economy. …
Persistent link: https://www.econbiz.de/10011259302
This paper will attempt to provide a comprehensive answer to the complex issue of development in sub-Saharan Africa by … source to finance the development of SSA, while ignoring the two main structural issues inherited from colonialism - the … locked the continent in an FDI paradox that prevents it from funding its own development. …
Persistent link: https://www.econbiz.de/10011259898
of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …, and slowly increases at later stages of development. Third, the volatility of country- specific macroeconomic shocks falls …
Persistent link: https://www.econbiz.de/10005662216
of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …, and slowly increases at later stages of development. Third, the volatility of country-specific macroeconomic shocks falls …
Persistent link: https://www.econbiz.de/10005797163
Persistent link: https://www.econbiz.de/10005090807