One downside effect of rapid economic growth in China has been the ever rising inter-regional inequality. Foreign … effect of FDI on economic growth with its potential 'negative' effect on regional inequality. Using the largest panel dataset … FDI has been an important factor of economic growth in China. It also suggests that it is the uneven distribution of FDI …

This paper explores the link between trade structure, trade specialization and per capita income growth. It is argued … that industrial upgrading in export specialization patterns has a positive long-run growth effect, while the effect of … structural change in industrial import patterns is in principle ambiguous. A standard empirical growth model is augmented by …

The impact of changes in real interest rates on saving and growth is a central issue in development economics …, thereby boosting investment and growth. While such liberalizations have indeed typically succeeded in raising real interest … wealth. The estimated parameters are then used to calculate, in the context of a simple endogenous growth model, the …

market competition. It is a neoliberal prescription for industrialization and growth of the emerging economies of the South … the hypothesis that globalization has high potential to contribute to industrialization and growth of the emerging …

The literature shows that openness to trade improves long-term growth but also that it may increase exposure to high …

We show that equity market liberalizations, on average, lead to a one percent increase in annual real economic growth … cycle. The effect also remains intact when an exogenous measure of growth opportunities is included in the regression. We … find that capital account liberalization also plays a role in future economic growth, but, importantly, it does not subsume …

countries' productive structures for long-run growth. …