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: the financial globalization channel and the tradable-led growth channel. I conclude that since these mechanisms are not … economic growth. This research has relied on a variety of econometric techniques applied to large cross-country data sets …. Although the documented positive effects of both RER competitiveness and stability on growth appear to be robust, it is still …
Persistent link: https://www.econbiz.de/10010209280
many reasons, especially the inadequacy of institutions. In particular, we perceive the need for strengthening and … adjusting the welfare state. Analysing the connections between globalisation and growth in the developing countries, distinction …. Globalisation requires the strengthening of international cooperation institutions. This, however, in turn depends on prior reform …
Persistent link: https://www.econbiz.de/10005003949
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … sometimes on output (GDP) levels and volatility of output. This survey of the literature on Monetary policy and growth shows … that money plays a small role in developing countries and that monetary policy is not a very important influence on growth …
Persistent link: https://www.econbiz.de/10011988624
analyze the main mechanisms by which the macroeconomic impact of education on growth (and economic development) occurs. Our …This study articulates the interaction between institutional governance, education and economic growth. Given the … engenders positive economic development externalities. We articulate two main channels through which education affects economic …
Persistent link: https://www.econbiz.de/10011596860
Governments can play great roles in their countries, regions, and cities; facilitating or leading the resolution of festering problems and opening new pathways for progress. Examples are more numerous than one might imagine and raise an important question: 'how do governments become great?'....
Persistent link: https://www.econbiz.de/10010128322
studies like the 2008 Growth Commission Report noted the importance of leadership in development. This and other studies …'Leadership' is not a common topic for research in international development. In recent years, however, prominent … focused on individual leaders - or heroes - when examining 'who leads development'. The current article asks if heroes really …
Persistent link: https://www.econbiz.de/10010187197
Using the economic freedom index and the newly developed KOF-index of globalization, it is shown that the Scandinavian … and the so called liberal welfare states. The market economy and globalization hence do not pose threats to these welfare …
Persistent link: https://www.econbiz.de/10005419157
Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a … attention on the wrong issue. There is nothing in the literature that suggeststhat this period of the "Hindu Rate of Growth" had … allows a statistically more accurate determination of thedifferent phases of Indian economic growth. The paper confirms that …
Persistent link: https://www.econbiz.de/10011807532
This paper discusses a number of questions with regard to Sweden's economic and political development: How did Sweden …, as well as studies of inequality and economic growth. The main conclusion is that there is little, if any, Swedish … exceptionalism: Sweden became rich because of well-functioning capitalist institutions, and inequality was low before the expansion …
Persistent link: https://www.econbiz.de/10010320373
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …
Persistent link: https://www.econbiz.de/10010264401