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to innovation and growth. Finally, an outline of the role of monetary policy in sustaining growth and innovations by …A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the … productivity gains to real GDP growth is explained. Then the focus is given on the role of financial sector reforms in contributing …
Persistent link: https://www.econbiz.de/10005341753
demography. However, the paper contends that their lacklustre growth performance over the last two decades has also been due to …
Persistent link: https://www.econbiz.de/10005001265
The study presents recent global evidence on the transformation of economic growth to poverty reduction in developing … countries, with emphasis on the role of income inequality. The focus is on the period since the early/mid-1990s when growth in … study finds that on average income growth has been the major driving force behind both the declines and increases in poverty …
Persistent link: https://www.econbiz.de/10008828343
Persistent link: https://www.econbiz.de/10005001340
This paper reviews India’s experience to understand how services sector liberalisation can generate (welfare) gains for developing countries, in particular vis-à-vis its employment generation potential. The analysis has been based on India’s experience of an increasingly open service sector...
Persistent link: https://www.econbiz.de/10005699117
they have played significant roles in the region’s slow and episodic economic growth. Results from cross …-country regressions covering 31 Sub-Saharan African countries suggest that growth in Africa is not simply a question of capital … growth of African economies does not depend so much on their ability to innovate, but rather on their capacity to absorb and …
Persistent link: https://www.econbiz.de/10009002152
With a vast and diverse SME sector India’s industrialization owes much to the technological dynamism of enterprises. Various institutional interventions have been made to promote innovativeness in the sector, albeit, following economic reforms, it appears that the SME sector has not been...
Persistent link: https://www.econbiz.de/10009386042
Public sector reforms are commonplace in developing countries. Much of the literature about these reforms reflects on their failures. This paper asks about the successes and investigates which of two competing theories best explain why some reforms exhibi
Persistent link: https://www.econbiz.de/10010739526
There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of imports. Assuming reasonable spreads between the yield on reserve assets and the cost of foreign...
Persistent link: https://www.econbiz.de/10005699170
region will contribute nearly 40 percent of the growth in the world’s working-age (15–64) population over the next …
Persistent link: https://www.econbiz.de/10009493951