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 …: 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 …: the financial globalization channel and the tradable-led growth channel. I conclude that since these mechanisms are not …

economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth.<P>En marche pour la prospérité : Réformer pour poursuivre le rattrapage en Chine<BR>La Chine est bien placée pour ne …

international trade, economic development and growth. We summarize the main conceptual issues, discuss the relevance of the RER as … RER to trade and long run growth and development, analyze the challenges - especially the disconnect between theory and … an instrument of development policy, provide an overview of the macroeconomic and microeconomic mechanisms that link the …

international trade, economic development and growth. We summarize the main conceptual issues, discuss the relevance of the RER as … RER to trade and long run growth and development, analyze the challenges - especially the disconnect between theory and … an instrument of development policy, provide an overview of the macroeconomic and microeconomic mechanisms that link the …

exports and boost growth. This view, however, is not supported by the most prominent economic models, which do not predict a … positive relationship between real undervaluation and economic growth. I propose a 3-sector model with labor market frictions … real growth through a reallocation of workers from a low-productivity traditional sector into a high …

-run growth, whereas others argue that the RER is a key variable for promoting long-run economic development. Neither extreme view … output growth. Some claim that export performance depends only on nonprice competition and the RER is irrelevant to long … growth, but subject to numerous qualifications. For example, RER effects on exports differ by type of goods exported, while …

Westra and Alan Zuege (eds) Phases of Capitalist Development: Booms, Crises, and Globalization, pp195-215. London: McMillan …’s conception of ‘long waves’ of growth and accumulation. It develops the distinction between endogenous and exogenous causes of …