Economic Convergence And Economic Policies PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Economic Convergence And Economic Policies PDF full book. Access full book title Economic Convergence And Economic Policies.
Author | : Jeffrey Sachs |
Publisher | : |
Total Pages | : 50 |
Release | : 1995 |
Genre | : Developing countries |
ISBN | : |
Download Economic Convergence and Economic Policies Book in PDF, ePub and Kindle
Many of the crucial debates in development economics are encapsulated in the question of economic convergence. Is there a tendency for the poorer countries to grow more rapidly than the richer countries, and thereby to converge in living standards? Some recent research on endogenous growth has emphasized increasing returns as a possible reason not to expect convergence. Other research has suggested that convergence may be achieved only after poor countries attain a threshold level of income or human capital. This paper presents evidence that a sufficient condition for higher-than-average growth of poorer countries, and therefore convergence, is that poorer countries follow reasonably efficient economic policies, mainly open trade and protection of private property rights.
Author | : Michał Bernardelli |
Publisher | : Routledge |
Total Pages | : 196 |
Release | : 2021-06-30 |
Genre | : Business & Economics |
ISBN | : 1000407195 |
Download Economic Growth and Convergence Book in PDF, ePub and Kindle
There are many different types of convergence within economics, as well as several methods to analyse each of them. This book addresses the concept of real economic convergence or the gradual levelling-off of GDP (gross domestic product) per capita rates across economies. In addition to a detailed, holistic overview of the history and theory, the authors include a description of two modern methods of assessing the occurrence and rate of convergence, BMA-based and HMM-based, as well as the results of the empirical analysis. Readers will have access not only to the conventional econometric approach of β convergence but also to an alternative one, allowing for the convergence issue to be expressed in the context of automatic pattern recognition. This approach is universal as it can be adapted to a variety of input data. The lowest aggregation level study investigates regional convergence through the case of Polish voivodships, where convergence towards the leader is tested. On a higher level of aggregation, the authors examine the existence of GDP convergence in such groups as the EU28, North Africa and the Middle East, sub-Saharan Africa, South America, Caribbean, South-East Asia, Australia and Oceania, or post-socialist countries. For each group, the real β convergence is tested using the two above-mentioned approaches. The results are widely discussed, broadly illustrated, interpreted, and compared. The analysis allows readers to draw interesting conclusions about the causes of convergence or the drivers behind divergence. The book will stimulate further research in the field, but the research was conducted from the point of view of individual countries.
Author | : Jeffrey D. Sachs |
Publisher | : |
Total Pages | : 47 |
Release | : 1995 |
Genre | : |
ISBN | : |
Download Economic Convergence and Economic Policy Book in PDF, ePub and Kindle
Author | : Michael Spence |
Publisher | : Macmillan + ORM |
Total Pages | : 316 |
Release | : 2011-05-10 |
Genre | : Business & Economics |
ISBN | : 1429968710 |
Download The Next Convergence Book in PDF, ePub and Kindle
A Washington Post Notable Nonfiction Book for 2011 With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world. Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood. Spence clearly and boldly describes what's at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.
Author | : Robert J. Barro |
Publisher | : |
Total Pages | : 40 |
Release | : 1994 |
Genre | : Convergence (Economics) |
ISBN | : |
Download Economic Growth and Convergence Book in PDF, ePub and Kindle
Author | : Chun Kwok Lei |
Publisher | : Routledge |
Total Pages | : 407 |
Release | : 2008-12-08 |
Genre | : Business & Economics |
ISBN | : 1134077173 |
Download Economic Convergence in Greater China Book in PDF, ePub and Kindle
Although China's economy has grown very rapidly in recent decades, there are still very large differences between the economy of mainland China and the economies of Hong Kong, Macau and Taiwan. For example, per capita income in Hong Kong is many, many times higher than per capita income in mainland China. This book considers the degree to which economic convergence between mainland China, Hong Kong, Macau and Taiwan has occurred, and the prospects for increased convergence in the future. It considers economic integration between China and its two Special Administrative Regions (SARS), emphasising the large volume of capital flows and exports, especially from Hong Kong into China, and showing that the economies are highly integrated, despites their differences. It examines income convergence, and changes in productivity, using the same measures for both China and the two SARS, unlike most existing studies. It explores how economic reforms have been crucial to increasing convergence so far, and will continue to be in the future, and concludes by discussing the implications for policy of encouraging increased convergence.
Author | : Gertrude Tumpel-Gugerell |
Publisher | : Edward Elgar Publishing |
Total Pages | : 498 |
Release | : 2003-01-01 |
Genre | : Business & Economics |
ISBN | : 9781781951286 |
Download Economic Convergence and Divergence in Europe Book in PDF, ePub and Kindle
Recoge : 1. Introductory session. - 2. Past convergence within the European Union. - 3. Accesion countries : achievements in real convergence. - 4. Accesion countries : how to balance real and nominal convergence challenges for monetary and exchange rate policy. - 5. Does the financial sector contribute to real growth? - 6. Is there somebody left out in the cold? prospects of CEE countries other than current accesion countries. - 7. Policy challenges within the (enlarged) EU : how to foster economic convergence?
Author | : Juan R. Cuadrado-Roura |
Publisher | : Springer Science & Business Media |
Total Pages | : 311 |
Release | : 2009-10-30 |
Genre | : Business & Economics |
ISBN | : 3642021786 |
Download Regional Policy, Economic Growth and Convergence Book in PDF, ePub and Kindle
Many European, Latin American and Asian countries have experience with regional policies aiming to reduce regional disparities in GDP per capita and/or to develop problem regions helping to recover from its GDP decrease. Spain represents, without any doubt, a very rich and interesting case-study regarding regional problems and regional development policies. The aim of this book is not only to analyze the regional policies practiced, their objectives, instruments and effects, but to provide an in-depth analysis on the impact of investments in infrastructure, human capital and other factors, as well as the advances accomplished in terms of productivity, convergence and regional competitiveness. The book particularly wants to impart knowledge, which can be useful for other countries’ policy makers, as well as for academics, researchers and consultants. The contributions selected have been written by prestigious Spanish academics, most of them also having practical experience in the field.
Author | : Bruno Dallago |
Publisher | : Dartmouth Publishing Company |
Total Pages | : 280 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : |
Download Convergence and System Change Book in PDF, ePub and Kindle
Analyses the concept of convergence of capitalist and socialist economics towards one uniform system, in the light of the events of the period from end-1989 to end-1991.
Author | : Gusztáv Báger |
Publisher | : Routledge |
Total Pages | : 488 |
Release | : 2018-12-21 |
Genre | : Business & Economics |
ISBN | : 0429851278 |
Download Global Monetary and Economic Convergence Book in PDF, ePub and Kindle
Published in 1998. Global convergence has many aspects. The first part of this volume deals with European convergence, the second with convergence especially between Eastern and Western Europe. The third part with practical and the fourth with theoretical issues related to Global Convergence. The last part juxtaposes Hayekian and Triffian economic thought. The first of these, the Hayekian relies exclusively on the profit motive of the only arbiter of the economic decision-making. The Triffians thought insists that satisfactory balances can be brought about only through racial negotiation among market participants within countries and on a global scale. The Hayek-Triffin juxtaposition gains particular importance at a time when capital mobility, labour and social mobility have reached hitherto new levels on a global scale and this challenges social coherence. This difference will put social coherence under unusual stress. The solution of the problems created will be the greatest challenge to economic, social and political statemanship during the 21st century.