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Most developing and underdeveloped countries beside Sudan suffer from the low levels of income in addition to the low savings that are result from the lack of sophisticated savings channels. Hence, the investment depends on the individual's abilities on self savings, where the investment is...
Persistent link: https://www.econbiz.de/10009223348
This paper provides a survey of recent growth models that attempt to explain the cross-country diversity in rates of … economic growth. It shows that these models can only generate differences in growth rates in the absence of international … capital markets. With free international capital mobility they imply that the growth rate of consumption and GNP would be …
Persistent link: https://www.econbiz.de/10005123806
In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we … speed up growth. The results also show a strong positive effect of reductions in the cost of making new connections. This … has a significant impact on both the steady state growth rate and on transitional growth, while significantly reducing the …
Persistent link: https://www.econbiz.de/10010856401
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276725
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276784
In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we … speed up growth. The results also show a strong positive effect of reductions in the cost of making new connections. This … has a significant impact on both the steady state growth rate and on transitional growth, while significantly reducing the …
Persistent link: https://www.econbiz.de/10008568147
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis … investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … strengthen social welfare systems and access to health and education to ensure widespread benefits from continued high growth …
Persistent link: https://www.econbiz.de/10009191040
analysis deals with different elements of conduct and performance: productivity growth, employment growth, exports growth …, capital intensity growth…The significance of the difference between these conduct and performance indicators across the two … manufacturing growth nor on employment growth. No significant improvements were recorded in the overall production growth, which …
Persistent link: https://www.econbiz.de/10010540339
growth. We use the EORA Multi-Region Input-Output tables to track the evolution of African countries along global value … local projection method to investigate the relationship between global value chains participation and growth, and provide … chains positively impacts their growth; a positive impact which is driven by trade in commodities, knowledge intensive good …
Persistent link: https://www.econbiz.de/10014483896
study investigates the cointegration and causal relationship between productivity growth and export growth for a number of … productivity and exports are causally related in the long run for each economy. The results suggest that export growth contributes … to productivity growth and, thus, the expansion of exports is an integral part of productivity growth. We interpret these …
Persistent link: https://www.econbiz.de/10005641843