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sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less … formal and low-productivity entities. This hampers efficient resource allocation and tends to entrench social inequalities … to be overcome to raise productivity in the informal, low-skill and low-productivity sector, and to facilitate resource …
Persistent link: https://www.econbiz.de/10010464942
the bulk of productivity gains in the United States …
Persistent link: https://www.econbiz.de/10014031386
This study explores the question of structural change and inclusive development in South Africa and Brazil. Using Census data from the two countries, the analysis combines a household level multidimensional indicator of well-being with the applications of growth incidence curves and a sectoral...
Persistent link: https://www.econbiz.de/10010465459
Measures of institutional quality are strong predictors of cross-country differences in income and productivity. The …
Persistent link: https://www.econbiz.de/10012900823
Persistent link: https://www.econbiz.de/10011807541
In this paper, I discuss the reasons for Costa Rica's economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful...
Persistent link: https://www.econbiz.de/10010273461
Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a telling comment and expose obscureeconomic data to a wider audience, but they can just as readily obscure reality byfocussing attention on the wrong issue. There is nothing in the...
Persistent link: https://www.econbiz.de/10011807532
effect of individualism on income per worker and total factor productivity as well as on innovation. The baseline genetic …
Persistent link: https://www.econbiz.de/10009007836
During the 1950-70s Norway had relatively low GDP per capita compared to the OECD average and even more so compared to Denmark and Sweden. During the 1970s there was a significant catch-up in incomes and from the early 1990s a "take-off" in relative income. Norway is currently ranked among the...
Persistent link: https://www.econbiz.de/10003845012
The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs Hong Kong, Korea, Singapore and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered by...
Persistent link: https://www.econbiz.de/10011409015