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broad problems of growth and regional economy, focusing on economic developments in Japan and Korea. Part 2 discusses trade …
Persistent link: https://www.econbiz.de/10012396985
The end of communism and accession to the European Union have had a huge impact on Poland. This book provides an overall assessment of the post-1989 transformation in Poland, covering economic transformation, the heritage of the past and national identity, and regional and political developments...
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"This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a … quality and breadth of coverage not found in any other English-language text. In The Chinese Economy, Barry Naughton provides … both an engaging, broadly focused introduction to China's economy since 1949 and original insights based on his own …
Persistent link: https://www.econbiz.de/10003355521
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[...]This paper presents theoretical and empirical analysis ofautomatic fiscal stabilizers. Using the modern theory of consumption behavior, we identify several channels throughwhich optimal reaction of household consumption plans toaggregate income shocks is tempered by these stabilizers....
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In early modern north-western Europe, real wages declined while GDP per capita was on the increase. In contrast, wage growth in Tokugawa Japan went hand in hand with output growth. Based on this finding, the paper revisits Thomas Smith’s thesis on ‘Pre-modern Economic Growth: Japan and the...
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