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This study examines the growth determinants and the economic policy challenges that Armenia faces to sustain the rapid growth of the past two years. The paper also seeks to answer the following two questions: Why has Armenia performed relatively better than other transition economies? What are...
Persistent link: https://www.econbiz.de/10014403946
The paper examines fiscal sustainability issues for the case of Eritrea but has wider implications for addressing … fiscal and debt sustainability. It begins with a formal definition and explanation of analytical sustainability indicators … sustainability. The paper then goes beyond the usual analytical indicators by attempting to identify how and through which channels …
Persistent link: https://www.econbiz.de/10014404132
This paper assesses the sustainability of China''s export-oriented growth over the medium to longer term. It shows that …
Persistent link: https://www.econbiz.de/10014404301
model is used to analyze the risk profile and sustainability of Australia''s public debt under different policies …
Persistent link: https://www.econbiz.de/10014404316
This paper focuses on the increase in the external debt stock that reflects donor financing, including IMF and Bank lending to help Mongolia smooth its fiscal adjustment path after the major terms of trade shock. The fiscal deficit is expected to steadily decline until revenues from the Oyu...
Persistent link: https://www.econbiz.de/10014404512
This issue of the Regional Economic Outlook for Europe examines the moderate and uneven recovery occurring across the region. The varying speed of recovery in advanced Europe is closely linked to the degree of overheating and credit expansion going into the crisis. The even more varied speed of...
Persistent link: https://www.econbiz.de/10014405698
Persistent link: https://www.econbiz.de/10011650835
This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation....
Persistent link: https://www.econbiz.de/10011656927
Persistent link: https://www.econbiz.de/10011661996
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