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Darvas, Zsolt M.; Pisani-Ferry, Jean - 2011

growth ; deleveraging ; productivity ; convergence ; economic adjustment ; structural reform scoreboard ; composition of … sector deleveraging, reduce the fragility of the banking sector, counter the falling behind of southern European countries … emerging countries of Asia and Latin America. Productivity improvement was immediate in the US, but Europe hoarded labour and …

Persistent link: https://www.econbiz.de/10009564635

Inequality and growth : Marxian and post-Keynesian/Kaleckian perspectives on distribution and growth regimes before and after the Great Recession

Hein, Eckhard - 2018

The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to the rich has been an important feature of financedominated capitalism since the early 1980s. After the Great Financial Crisis and the Great Recession in 2007-9, the recovery has...

Persistent link: https://www.econbiz.de/10011790517

Drivers of Growth : Evidence from Sub-Saharan African Countries

Ghazanchyan, Manuk - 2013

This study examines the drivers of growth in Sub-Saharan African countries, using aggregate data, from the past decade. We correlate recent growth experience to key determinants of growth, including private and public investment, government consumption, the exchange regime and real exchange...

Persistent link: https://www.econbiz.de/10013071368

The Rising Resilience of Emerging Market and Developing Economies

Abiad, Abdul G. - 2016

Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good-for the first time EMDEs spent more time in expansion and had smaller downturns thanadvanced economies. In this paper we document...

Persistent link: https://www.econbiz.de/10013007644

A New Look at the Determinants of Growth in Asian Countries

Ghazanchyan, Manuk - 2015

This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate regime, financial risk, and capital account openness. We use a panel data set of a sample of Asian countries over the period 1980 to 2012. Our results indicate that private and...

Persistent link: https://www.econbiz.de/10013013822

Can Uzbekistan Economy Retain Its High Growth Rate? Scenarios of Economic Development in 2015-30

Popov, Vladimir - 2014

productivity (TFP), as well as possible government responses to these shocks, in particular, changes in industrial policy. In …

Persistent link: https://www.econbiz.de/10013044489

Europe's long-term growth prospects : with and without structural reforms

McQuinn, Kieran; Whelan, Karl - 2015

. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …

Persistent link: https://www.econbiz.de/10010496054

Europe's long-term growth prospects : with and without structural reforms

McQuinn, Kieran; Whelan, Karl - 2015

Persistent link: https://www.econbiz.de/10010517186

Does trade cause divergence? : dynamic panel data evidence

Felbermayr, Gabriel - 2004

This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach and that it is best estimated with Blundell and Bond's (1999) system-GMM estimator. This procedure remedies some econometric problems such as regressor endogeneity, measurement...

Persistent link: https://www.econbiz.de/10009748287

Trade liberalization and economic growth : a study on Ghana, Nigeria and Cote d'Ivoire

Amoasah, Francis - 2018

The study considers the relationship between trade liberalization and economic growth among three sub-Saharan African countries: Ghana, Nigeria, and Cote d'Ivoire. We find no statistically significant increase in the economic growth of the countries following trade liberalization. However,...

Persistent link: https://www.econbiz.de/10011946984