Showing 1 - 6 of 6
Thailand's development strategy has been strongly market-oriented and open to trade and investment flows with the rest of the world. Since the late 1950s, its growth performance has been outstanding. Poverty incidence has declined dramatically, but economic inequality has increased. Economic...
Persistent link: https://www.econbiz.de/10010333039
While economic growth generally reduces income poverty, there are pronounced differences in the strength of this relationship across countries. Typical explanations for this variation include measurement errors in growth-poverty accounting and countries' different compositions of economic...
Persistent link: https://www.econbiz.de/10010280253
Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and … sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 … and 2005 the size, diversity and sophistication of industry in Africa have all declined. An industrialization strategy …
Persistent link: https://www.econbiz.de/10010330121
Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990 - 2006. Results from the study confirm tourism to be an important ingredient of African development...
Persistent link: https://www.econbiz.de/10010280162
-country regressions covering 31 Sub-Saharan African countries suggest that growth in Africa is not simply a question of capital …
Persistent link: https://www.econbiz.de/10010280171
The aim of this paper is to analyse the effect of institutional reforms on the revival of African economies. We study the impact of positive changes in business environment indicators of the Doing Business project and the Economic Freedom Index of the Heritage Foundation on the private sector...
Persistent link: https://www.econbiz.de/10010280095