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During the past two decades, the “Washington Consensus” has been the dominant recipe for unleashing economic growth in developing countries. In view of the strong criticism mounted against it, it seems to have lost prominence recently. The success of the East Asian newly industrialized...
Persistent link: https://www.econbiz.de/10011260809
This paper describes the major instruments of industrial policy in Morocco since its independence (1956) and assesses them empirically. Regarding the second objective, several methods for assessing the impact of industrial policy exist in the economic literature. In this paper the question is...
Persistent link: https://www.econbiz.de/10005836161
Underlying Greece's public debt crisis is a fundamental economic problem: its lack of international competitiveness. While in the short term the debt crisis must be solved, in the long term the economic perspective of the country will depend on whether it will succeed in developing competitive...
Persistent link: https://www.econbiz.de/10011109956
Cluster policy has become a method of choice for economic policymakers in many nations and regions in both industrialized and developing countries. Since the beginning of the 1990s, the policy is being perceived by politicians and practitioners as a way to anchor economic activity in locations...
Persistent link: https://www.econbiz.de/10011110962
The paper aims to show some of the complex relationships between institutions and industrial policies. Institutions are important factors determining the slow pace of change of the societies, their economies, States and private sectors, therefore presenting important consequences for the design...
Persistent link: https://www.econbiz.de/10005014707
Till recently the investment policy of India was overtly nationalistic. Today however everything seems to be changing …
Persistent link: https://www.econbiz.de/10005836487
In this short essay the contributions discussed at the Conference “From the crisis to the growth. Policies to sustain the SM firms”, taken place in June 2009 at the University of Padova, have been collected. In the contributions presented, moving from different points of view, the authors...
Persistent link: https://www.econbiz.de/10009025299
There is growing recognition that innovation plays a key role in enhancing competitiveness and enable emerging economies catch up with rich countries. In this sense, Mexico needs to strengthen its national innovation system (NIS) in order to create wealth and reduce poverty and inequality. This...
Persistent link: https://www.econbiz.de/10009151582
The present paper reports an attempt to evaluate the relative effects of regional policy on investment in Greek … manufacturing industry during 1971-82. A generalized neoclassical model of investment behaviour is used allowing for separate … estimates of the effects of different policy instruments. Both regional investment incentives and infrastructure expenditures …
Persistent link: https://www.econbiz.de/10011109208
This study empirically investigates three hypotheses. The first is that higher levels of economic freedom in an economy promote a higher growth rate of economic activity and hence yield a higher growth rate of per capita real GDP in that economy. The second hypothesis is that higher quality...
Persistent link: https://www.econbiz.de/10011107617