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This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...
Persistent link: https://www.econbiz.de/10010509097
This article studies the role of technology drivers in catching up at different stages of development. Countries can be … [technological capabilities, external spillovers, technological specialization and stability of policies in science and technology … stage of development, as well as the stability of technology policies. …
Persistent link: https://www.econbiz.de/10012157100
-quality services so as to steer societies away from being marginalized by the information and communication technology revolution. …
Persistent link: https://www.econbiz.de/10011588874
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707
The effects of technology on economic growth and development have been an area that many economists have focused on … of the study is to determine the direction of the net effect of technology for the determined country groups. In such a … way that, by increasing productivity, technology is the most important factor in solving the world's scarce resources …
Persistent link: https://www.econbiz.de/10014442283
The aim of this study is to develop a conceptual framework for the middle-income trap (MIT). Firstly, we present an extensive literature review of what the MIT concept is, why economies become 'stuck' in the MIT, and how the idea is criticized. Secondly, we put together a list of countries stuck...
Persistent link: https://www.econbiz.de/10011672545
international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …
Persistent link: https://www.econbiz.de/10014023784
The main objective of this work is to investigate the theoretical interrelationships between economic growth, the National Innovation System (NIS) and the real exchange rate (RER) in an export-led growth model. Formally, this work presents new changes in the Kaldor-Dixon-Thirlwalĺs model by the...
Persistent link: https://www.econbiz.de/10011865754
This paper revisits the role of the manufacturing sector during the middle-income stage. By exploiting a large dataset that covers internationally comparable sectoral information, we prove that the manufacturing sector is imbued with three important characteristics. First, for middle-income...
Persistent link: https://www.econbiz.de/10011476359
Politikinstrumente auf das mittel- und langfristige Wirtschaftswachstum der USA und Japan vorzunehmen. Unsere Ergebnisse zeigen mehrere …
Persistent link: https://www.econbiz.de/10011984170