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South Africa's democratic transition in 1994 created expectations of a dramatic turnaround in the economic performance. Trade and financial sanctions and internal political opposition to the apartheid government had contributed to the poorest ten-year growth performance (1984 - 1993) since the...
Persistent link: https://www.econbiz.de/10005650432
This paper aims to describe, identify underlying factors and seek explanations for South Africa's economic recovery since 1994, as evidenced by trends in growth and investment. Compared with an international peer group, the initial conditions for a dramatic growth recovery were inauspicious in...
Persistent link: https://www.econbiz.de/10012759039
Persistent link: https://www.econbiz.de/10005660615
This research study summarises the effects of corruption in Brazil and its effects on the economic growth of the country, both on the governmental and corporate level. By making use of the theoretical approach of Pak Hung Mo and his model of the economic growth which takes into consideration...
Persistent link: https://www.econbiz.de/10012955728
The present paper analyzes the impacts of total labor productivity and efficiency in Oman State. As a Gulf state it has depended on oil production for its economic life for the past decades. However, it was typically known for traditional industries and trade, helped by her long sea shores and...
Persistent link: https://www.econbiz.de/10014172608
We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model.
Persistent link: https://www.econbiz.de/10005675356
Most empirical work on sources of economic growth for different countries lack country-specific empirical evidence to guide policy choices in individual developing countries and previous studies of factor productivity tend to focus on the entire economy or a single sector. This provides fewer...
Persistent link: https://www.econbiz.de/10011753930
Using a growth accounting framework, we find that developing Asia grew rapidly over the past 3 decades mainly due to robust growth in capital accumulation. The contributions of education and total factor productivity in the region's past economic growth remain relatively limited. Our baseline...
Persistent link: https://www.econbiz.de/10008749709
Using growth accounting framework and panel data analysis, while accounting for dynamics and endogeneity issues in growth modelling, this paper analyses the sources of growth in selected COMESA member countries. The growth accounting suggests a moderate level of TFP and that the contribution of...
Persistent link: https://www.econbiz.de/10011213181
Most empirical work on sources of economic growth for different countries lack country-specific empirical evidence to guide policy choices in individual developing countries and previous studies of factor productivity tend to focus on the entire economy or a single sector. This provides fewer...
Persistent link: https://www.econbiz.de/10012009769