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China's march to prosperity : reforms to avoid the middle-income trap

Koen, Vincent; Herd, Richard; Hill, Sam - 2013

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Persistent link: https://www.econbiz.de/10010231008

The quantitative importance of openness in development

Cai, Wenbiao; Ravikumar, B.; Riezman, Raymond Glenn - 2013

stagnation in a traditional technology to industrialization and prosperity with a modern technology - be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …

Persistent link: https://www.econbiz.de/10010189831

The Quantitative Importance of Openness in Development

Cai, Wenbiao - 2014

stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …

Persistent link: https://www.econbiz.de/10013062936

The Quantitative Importance of Openness in Development

Cai, Wenbiao - 2013

Persistent link: https://www.econbiz.de/10013075128

Asia's Geographic Development

Desmet, Klaus - 2017

This paper studies the impact of spatial frictions on Asia's long-term spatial development. Using the framework provided in Desmet, Nagy, and Rossi-Hansberg (2016), we analyze the evolution of Asia's economy and the relative performance of specific regions and countries. We then perform a number...

Persistent link: https://www.econbiz.de/10012949164

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

Popov, Vladimir - 2014

Uzbekistan in recent 10 years is an extremely successful economy – high growth (8%), low domestic and international debt, undervalued exchange rate, relatively even distribution of income, creation from scratch competitive export oriented auto industry. It is important though to avoid...

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

Savings transition in Asia : unity in diversity

Athukorala, Premachandra; Wanissa Suanin - 2022

This paper examines the national savings behaviour in the process of economic growth through a comparative analysis of countries in developing Asia from a historical perspective. Developing Asia provides an ideal laboratory for the study with considerable differences in the savings behaviour...

Persistent link: https://www.econbiz.de/10013479526

Structural transformation and inequality : a sSectoral analysis for low- and middle-income countries

Magwedere, Margaret Rutendo; Marozva, Godfrey - In: Review of Economic Analysis : REA 16 (2024) 4, pp. 423-441

The study examined the impact of structural transformation to inequality using a panel of low- and middle-income countries from 1996 - 2018. The system generalised method of moments was used to determine the effect of value-added of each sector to income inequality for the countries in the...

Persistent link: https://www.econbiz.de/10015386806

Governance and development outcomes in Asia

Sen, Kunal - 2014

The relationship between governance and economic development is one of the most important areas of research in international development. Much of the previous literature has focused on whether better governance leads to higher levels of income. In this paper, we examine the relationship between...

Persistent link: https://www.econbiz.de/10010241356

Revisiting India's growth transitions

Basu, Deepankar - 2020

This paper reconsiders two questions relating to India's economic growth: structural breaks in growth and the impact of equipment investment on aggregate economic growth. First, statistical tests of structural change show that economic growth in post-independence India has witnessed four...

Persistent link: https://www.econbiz.de/10012136993