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The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact successive waves of investment have emerged during the eighties and produced a piling-up of productive systems. A wave of small national enterprises and entrepreneurs, a second large...
Persistent link: https://www.econbiz.de/10015260085
The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic performances are thus dependent of the activities of vulnerable sectors, and in general of the production of one or some raw materials. In fact, in spite of the growth of the weight...
Persistent link: https://www.econbiz.de/10015265145
The relationship between export diversification and economic growth has been widely discussed in the economic literature, although there is currently no clear consensus on the subject. This study analyzes the dynamic relationship between export diversification and economic growth in Tunisia,...
Persistent link: https://www.econbiz.de/10015267446
A panel data analysis is used to evaluate the effects on openness/inequalities relationship of such factors as factor endowments, associated trade diversification paths, openness of low wage Asiatic countries and technological bias in imports. The focus is on Latin America. Predictions of...
Persistent link: https://www.econbiz.de/10005702943
trend, we chose to focus on China as it has piled up large amounts of foreign currency reserves and shown a firm political …
Persistent link: https://www.econbiz.de/10005404305
Persistent link: https://www.econbiz.de/10000340115
The Democratic Republic of Congo (DRC) has faced persistent current account deficits despite a period of economic growth fueled by Foreign Direct Investment (FDI). This paper uses an Autoregressive Distributed Lag (ARDL) model and the Balance of Payments (BOP) framework to explore the dynamics...
Persistent link: https://www.econbiz.de/10015214462
This work aims at studying the macroeconomic impact of COVID-19 on the activity economic in DR Congo. To do this, a dynamic and stochastic general equilibrium model in the open economy is used and the model parameters are estimated using the Bayesian approach. The estimated data cover the period...
Persistent link: https://www.econbiz.de/10015217249
This paper examine the impact of finance, mesured by a composite indicator of financial development, and the trade, mesured by the openness, on the economic growth. It uses annual data over the periode 1979-2004 and apply the bound testing approach of cointegration advanced by Pesaran and al...
Persistent link: https://www.econbiz.de/10015218523
One considers a model of accumulation of the human capital in the presence of the international migration offers. One shows that under certain conditions,this option can support the increase in the stock of the national human capital by taking of account the externalities. Thus the `brain drain'...
Persistent link: https://www.econbiz.de/10015218705