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Thailand and the Republic of Korea were developing at a similar pace during the 1960s. However, the Republic of Korea’s economic development rapidly expanded from the 1970s onward, leaving Thailand lagging far behind. This paper investigates the labor productivity slowdown in Thailand using a...
Persistent link: https://www.econbiz.de/10014333419
This paper studies private sector development in transition economies. To address this issue, many economist have focused on the issue of privatization, assuming that privatization is a proxy for private sector development. But as the experience of countries such as Poland has revealed,...
Persistent link: https://www.econbiz.de/10005704151
The comparison of the periods of rapid economic growth in China since 1978 and India since 1992 markedly show different … backwardness" and some aspects of the "fordist model of growth". China had an anticipated and deeper structural change, spurred … penetration of its industrial products in the world market. However, a substantial part of China's exports in medium and high tech …
Persistent link: https://www.econbiz.de/10005002393
Analysis into the sources of lower levels of national productivities between Central East European Economies and the European Union is scarce and lacks comparability. These sources are assessed by analysing the role played by sectoral structures. After providing a brief overview over comparative...
Persistent link: https://www.econbiz.de/10005062451
Recently, for the first time, international data on IQ scores across countries have become available. The new data opens up the exciting possibility of using cross country analysis to study IQ and its determinants. One important potential determinant of IQ is income inequality. The purpose of...
Persistent link: https://www.econbiz.de/10005062992
What is the root cause of Africa’s current state of under-development? Is it the long history of slave trade, or the legacy of extractive colonial institutions, or the fallout of malaria? A precise answer still eludes us. This paper investigates the relative contribution of these historical...
Persistent link: https://www.econbiz.de/10005181171
Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...
Persistent link: https://www.econbiz.de/10005687639
This paper examines the successes of ten 'high-achievers' - countries with social indicators far higher than might be expected given their national wealth. Their progress in such fields as education and health offers lessons for social policy elsewhere in the developing world. Based on...
Persistent link: https://www.econbiz.de/10005430344
The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of...
Persistent link: https://www.econbiz.de/10011083225
This study reviews the growth and development performance of developing countries in the latter part of the 20th century. Sustained growth among “successful” countries was accompanied by structural change in terms of output and labour share shifts, trade diversification, sustained...
Persistent link: https://www.econbiz.de/10005786867