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The document contains a detailed description of the current domestic and external macroeconomicconditions, and a consistent set of forecasts. The analysis covers existing mutual links among sixeconomies (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan) and their key trading...
Persistent link: https://www.econbiz.de/10013310353
Demand and growth regimes (DGR) and macroeconomic policy regimes (MPR) frameworks have assumed prominence within the post-Keynesian literature. However, most studies based on these conceptual frameworks have focused on developed economies. The main contribution of this paper is to provide a...
Persistent link: https://www.econbiz.de/10014516160
Thailand and the Republic of Korea were developing at a similar pace during the 1960s. However, the Republic of Korea’s economic development rapidly expanded from the 1970s onward, leaving Thailand lagging far behind. This paper investigates the labor productivity slowdown in Thailand using a...
Persistent link: https://www.econbiz.de/10014333419
This article aims to analyze the possibilities of the accumulation and mobilization of savings and their role in the economic development of the Republic of Azerbaijan. Currently, the national economic growth is mostly based on the resource components; crude oil, natural gas and oil products....
Persistent link: https://www.econbiz.de/10013210299
The objective of this paper is to discuss macroeconomic policies that would help African countries, especially the low income countries, reach strong, sustained and shared growth in the post-crisis world. The paper first reviews, with a special focus on LICs, macroeconomic policies in Africa...
Persistent link: https://www.econbiz.de/10013131525
This paper is an attempt to analyze the social indicators of two government eras i.e. the military regime of General Pervaiz Musharraf (FY00-FY05) and the democratic governments of Pakistan Peoples Party (PPP) and the Muslim League (FY89-FY99). Since the social indicators are the benchmark &...
Persistent link: https://www.econbiz.de/10013047431
Spanish Abstract: En 1989 Venezuela implementó un programa de reformas para fortalecer el papel del mercado en la asignación de los recursos y disminuir la intervención del Estado y un año después Perú hizo otro tanto. Sin embargo, Perú creció a una tasa de 6,3 por ciento en las...
Persistent link: https://www.econbiz.de/10014153310
Demand and Growth Regimes (DGR) and Macroeconomic Policy Regimes (MPR) frameworks have taken prominence within the post-Keynesian literature. However, the majority of studies based on these conceptual frameworks have focused on developed economies. The main contribution of this paper is to...
Persistent link: https://www.econbiz.de/10013500700
Albert Hirschman’s unbalanced growth hypothesis suggests that a developing economy can promote economic growth by initially investing in industries with high backward and forward linkages. In the case of Chinese economic policy today, one application would be the continued presence of the...
Persistent link: https://www.econbiz.de/10014188883
The paper analyzes the recent growth dynamics in China, evaluating both cyclical positions and long-term growth prospects. The analysis shows that financial cycles play a more important role than traditional inflation-based cycles in shaping the dynamics of growth. Currently, the...
Persistent link: https://www.econbiz.de/10013021521