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this aspect, however, are inconclusive. Based on the average growth rate for the last two decades, we select 12 top … positive and significant impact of openness on economic growth. The system GMM technique is used to overcome the shortcomings … of endogeneity as found in most previous studies. While growth in labor force has insignificant effect on output growth …
Persistent link: https://www.econbiz.de/10009209712
Both economic growth and exchange rate theories suggest that the exchange rate regime could have consequences for the … medium-term growth of a country, directly, through its effects on the adjustment to shocks, and indirectly, through its … impact on the important determinants of growth. It is, however, surprising that there was little empirical work investigating …
Persistent link: https://www.econbiz.de/10008546799
Empirical results show that exchange rate volatility has a negative impact on the economic growth of Bangladesh. In … rate volatility and growth relationship. To test this, Ordinary Least Square technique has been used considering the … interaction between financial development and exchange rate volatility. The findings of the study confirm that growth of this …
Persistent link: https://www.econbiz.de/10010764483
that in a progressively multipolar world economy, the goals of global rebalancing, growth, and development are increasingly … inter-linked. Growth-oriented rebalancing calls for emphasizing structural reforms and leveraging the role of developing … countries in supporting strong and balanced global growth. …
Persistent link: https://www.econbiz.de/10009018576
Both economic growth and exchange rate theories suggest that the exchange rate regime could have consequences for the … medium-term growth of a country, directly, through its effects on the adjustment to shocks, and indirectly, through its … impact on the important determinants of growth. It is, however, surprising that there was little empirical work investigating …
Persistent link: https://www.econbiz.de/10008562939
our model applies. Drawing on the experiences of nations which have successfully transited from growth-inhibiting to … revolution or the threat of revolution, religion through it impact on human capital, international trade and entrepreneurship …
Persistent link: https://www.econbiz.de/10012983332
This study tests for the stationarity of current account deficits for a sample of twenty six African countries. For this purpose, a new test advocated by Breuer, McNown and Wallace (2002) is employed which allows one to test for unit roots in heterogeneous panel datasets. This SURADF test...
Persistent link: https://www.econbiz.de/10014215699
The West Asia/North Africa (WANA) region contains large areas with rainy winters and hot, dry summers. The social … diets of the region, compared with diets in the US, UK, France and Japan. Population growth has been rapid and many WANA …
Persistent link: https://www.econbiz.de/10014142100
Past research on aid and growth is flawed because it typically examines the impact of aggregate aid on growth over a … short period, usually four years, while significant portions of aid are unlikely to affect growth in such a brief time. We … divide aid into three categories: (1) emergency and humanitarian aid (likely to be negatively correlated with growth); (2 …
Persistent link: https://www.econbiz.de/10005408143
Africa's improved growth performance over the last 15 years provides an opportunity for the continent to transit from … agriculture therein, and the pace of structural transformation in Africa over the last 50 years. The evolution has involved …. Government intervention in favour of industrialization in the 1960s-1970s resulted in the neglect of agriculture, poor growth …
Persistent link: https://www.econbiz.de/10010343227