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Rebalancing China's Economy; What Does Growth Theory Tell Us?
Aziz, Jahangir - International Monetary Fund (IMF) - 2006
China is to rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms …This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low … and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts …
Persistent link: https://www.econbiz.de/10005769167
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Armenia; The Road to Sustained Rapid Growth-Cross-Country Evidence
Iradian, Garbis - International Monetary Fund (IMF) - 2003
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/10005263869
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Growth and Structural Reforms; A New Assessment
Christiansen, Lone Engbo; Tressel, Thierry; Schindler, … - International Monetary Fund (IMF) - 2009
, not by higher aggregate investment. We present evidence that variation in the quality of property rights helps explain the …
Persistent link: https://www.econbiz.de/10008561089
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Morocco; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper on Morocco analyzes Morocco’s growth performance over the past thirty-five years with a special focus on the more recent past. The paper presents stylized trends in growth; it first puts the overall growth performance of Morocco in an international perspective,...
Persistent link: https://www.econbiz.de/10005825232
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Cambodia; Selected Issues
International Monetary Fund (IMF); International … - 2004
This Selected Issues paper for Cambodia explores the implications for long-term sustainable growth from cross-country analysis of the sources of growth. Cambodia’s low labor productivity, inadequate and expensive infrastructure, and a cumbersome regulatory environment do not bode well for...
Persistent link: https://www.econbiz.de/10005768418
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Obtstacles to Faster Growth in Transition Economies; The Mongolian Case
Black, Stabley W. - International Monetary Fund (IMF) - 2001
banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising …
Persistent link: https://www.econbiz.de/10005263703
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The Dominican Republic; Stabilization, Structural Reform, and Economic Growth
Cardoso, Jaime; Young, Philip M. - International Monetary Fund (IMF) - 2002
Persistent link: https://www.econbiz.de/10005590873
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The Macroeconomic Impact of Scaled-Up Aid; The Case of Niger
Sacerdoti, Emilio; Salinas, Gonzalo; Farah, Abdikarim - International Monetary Fund (IMF) - 2009
We develop a simple macroeconomic model that assesses the effects of higher foreign aid on output growth and other macroeconomic variables, including the real exchange rate. The model is easily tractable and requires estimation of only a few basic parameters. It takes into account the impact of...
Persistent link: https://www.econbiz.de/10005263767
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Growth and Convergence in WAEMU Countries
Wane, Abdoul Aziz - International Monetary Fund (IMF) - 2004
This paper investigates convergence and dynamic effects of human and physical capital on growth, in WAEMU countries. Using recently developed models for panel data and a growth accounting model, the study finds that growth is largely explained by changes in literacy rates and factor...
Persistent link: https://www.econbiz.de/10005263809
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Growth in the Dominican Republic and Haiti; Why Has the Grass Been Greeneronone Side of Hispaniola
Jaramillo, Laura; Sancak, Cemile - International Monetary Fund (IMF) - 2007
The Dominican Republic and Haiti share the island of Hispaniola and are broadly similar in terms of geography and historical institutions, yet their growth performance has diverged remarkably. The countries had the same per capita real GDP in 1960 but, by 2005, the Dominican Republic's per...
Persistent link: https://www.econbiz.de/10005264171