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Growth and Structural Transformation

Growth and Structural Transformation PDF Author: Kwang Suk Kim
Publisher: BRILL
ISBN: 1684172195
Category : History
Languages : en
Pages : 224

Book Description
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.

The New Economy and Economic Growth in Europe and the US

The New Economy and Economic Growth in Europe and the US PDF Author: David B. Audretsch
Publisher: Springer Science & Business Media
ISBN: 9783540431794
Category : Business & Economics
Languages : en
Pages : 370

Book Description
There are many issues relating to the new economy in Europe and the USA that are unexplored. Here, the authors present innovative theoretical and empirical analysis on Internet dynamics, productivity growth and organizational changes in selected OECD countries. New empirical findings related to telecommunications, Internet and growth also are presented. Based on the theoretical and empirical analyses, various policy options are developed. Policy measures, both at the regional and national levels, can stimulate structural change, knowledge diffusion and economic growth. Different governance strategies for the Internet and e-commerce are identified from a global perspective.

Growth and Structural Transformation

Growth and Structural Transformation PDF Author: Kwang Suk Kim
Publisher: BRILL
ISBN: 1684172195
Category : History
Languages : en
Pages : 224

Book Description
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.

OECD Economic Surveys: Germany 2001

OECD Economic Surveys: Germany 2001 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264192964
Category :
Languages : en
Pages : 184

Book Description
This 2001 edition of OECD's periodic review of Germany's economy examines recent economic developments, policies and prospects and includes special features on public spending reform and structural reform.

Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa

Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa PDF Author: Nombulelo Gumata
Publisher: Springer Nature
ISBN: 3030308847
Category : Business & Economics
Languages : en
Pages : 687

Book Description
The overarching goal of South Africa’s National Development Plan (NDP) is to eliminate poverty, reduce inequality, lower unemployment and increase the labour participation.This book contributes to academic and policy efforts to achieve these NDP goals. We establish that the coal, metal ores and the platinum group commodity sectors will underpin the mining as a “sunrise” industry. The export-led growth strategy is necessary for intensive employment creation but must be complemented by other micro, macroeconomic and industrial policies. A strategy of minerals beneficiation is important for intensive employment creation. Accelerated land reform is a supply side or structural reform policy intervention tool aimed at increasing potential output, changing ownership patterns in the economy, increasing entrepreneurship, labour absorption, economic inclusion and lowering income inequality. Evidence shows that the balance sheet channel, commodity price booms and busts are intricately linked with the exchange rate dynamics, policy uncertainty, confidence and the effects of droughts (also symptoms of climate change). Productivity and investment growth shocks matter for output, employment and price stability. Evidence indicates that nominal GDP growth above 10 percent and keeping inflation within the target band leads to significant increase in employment and decline in unemployment, without inflationary pressures, especially when inflation is below 4.5 percent. To operationalise the NDP targets, align and co-ordinate policies, the South African Reserve Bank (SARB) mandate can be expanded to include maximum employment. This must be complemented by lowering the inflation target band, adjusting the financial regulatory, macro-prudential and monetary policy frameworks. This will enhance the conduct and credibility of monetary and financial stability policies to achieve the set objectives. These objectives make policy co-ordination pertinent and binding.

Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344658
Category : Business & Economics
Languages : en
Pages : 257

Book Description
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

The Economics of Structural Change in Knowledge

The Economics of Structural Change in Knowledge PDF Author: Francesco Quatraro
Publisher: Routledge
ISBN: 1136338098
Category : Business & Economics
Languages : en
Pages : 241

Book Description
This book offers a theoretically novel way of approaching the knowledge economy, combining analysis of the works of Schumpeter and Kuznets and suggesting fresh conclusions. Francesco Quataro is an up and coming young scholar whose research with Cristiano Antonelli has been widely published in journals.

Structural Economic Dynamics

Structural Economic Dynamics PDF Author: Luigi Pasinetti
Publisher: Cambridge University Press
ISBN: 9780521029766
Category : Business & Economics
Languages : en
Pages : 212

Book Description
This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality PDF Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39

Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

The East German Economy, 1945-2010

The East German Economy, 1945-2010 PDF Author: Hartmut Berghoff
Publisher: Cambridge University Press
ISBN: 1107030137
Category : Business & Economics
Languages : en
Pages : 261

Book Description
The contributors to this volume consider the economic history of East Germany within its broader political, cultural and social contexts.

International Bibliography of Economics 1998

International Bibliography of Economics 1998 PDF Author: Compiled by the British Library of Political and Economic Science
Publisher: Psychology Press
ISBN: 9780415221054
Category : Business & Economics
Languages : en
Pages : 644

Book Description
Renowned for its international coverage and rigorous selection procedures, this series provides the most comprehensive and scholarly bibliographic service available in the social sciences. Arranged by topic and indexed by author, subject and place-name, each bibliography lists and annotates the most important works published in its field during the year of 1997, including hard-to-locate journal articles. Each volume also includes a complete list of the periodicals consulted.