The Nexus of Structural Adjustment, Economic Growth and Sustainability: The Case of Ethiopia

Author(s):  
Steve Onyeiwu
1998 ◽  
Vol 17 (1) ◽  
pp. 29-37
Author(s):  
Keith Griffin

Vietnam has been remarkably successful in managing structural adjustment and macroeconomic reform. As a result, it has achieved very rapid economic growth during the present decade without, apparently, a substantial increase in inequality. All sectors of the economy have grown rapidly and yet there has been dramatic structural change. This growth and structural change, according to official data, have occurred despite a relatively low rate of investment. Our analysis suggests, however, that savings and investment have been understated, that actual output is higher than the national accounts data indicate and that growth is even faster than the official figures suggest. These results are a consequence of the nature and sequencing of the policy reforms that were introduced from the 1980s onwards.


2021 ◽  
pp. 501-524
Author(s):  
Kaihua Chen ◽  
Ze Feng ◽  
Xiaolan Fu

At present, China is in the critical period of economic growth transformation and structural adjustment. Strengthening international innovation cooperation is becoming extremely important. However, there are distinctive characteristics of international innovation collaboration that differ from domestic research collaboration, so that international innovation collaboration meets more challenges compared with other kinds of research collaboration. This chapter attempts to analyze China’s international innovation cooperation from a more macro level. Combining theory with practice, the chapter analyzes the necessity of international innovation cooperation, China’s practice and experience, and the status quo of China’s international cooperation. The chapter provides suggestions for solving the problems existing in the present stage. It also collates and forecasts the future research areas of international innovation cooperation.


1994 ◽  
Vol 26 (1) ◽  
pp. 37-56 ◽  
Author(s):  
A. Aydin Çeçen ◽  
A. Suut Doğruel ◽  
Fatma Doğruel

After almost five decades of industrialization—characterized, on the one hand, by considerable state intervention and, on the other, by protectionist import-substituting policies in domestic capital formation—in the early 1980s Turkey ostensibly entered a new era of export-led economic growth. Since 1960, the Turkish democracy has experienced a series of crises with astonishingly regular ten-year cycles of recurrence. The 1980 military intervention, however, brought about a radical attempt to restructure the economy, hardly comparable with the rather gradual changes in its recent economic history. Its ten years of experimentation with economic liberalization and structural adjustment provide us today with an adequate record to identify and discuss at least the salient features of this period by comparing the performance of the economy in different years.


2015 ◽  
Vol 20 (Sspecial Edition) ◽  
pp. 13-30
Author(s):  
Shakil Faruqi

In this paper we explore how development finance institutions (DFIs) helped to promote industrial growth with active role of public sector in emerging market economies – Korea, China, India, Malaysia, Brazil, Mexico, Turkey. The DFIs provided long-term credit financing which led to structural transformation of their economies. These countries have succeeded in spectacular fashion at this transformation over the past four decades but Pakistan did not; why? There has been an endless debate concerning the role of the public sector vis-à-vis the private sector in promoting economic growth and it continues in the present. I begin by asserting that historically public sector has been in the forefront in starting and sustaining economic growth. This not a leap of faith, rather this has been the experience of most emerging economies. They have gone through reforms, liberalization and structural adjustment, ushering in market-based policy regime and opening up foreign trade and capital flows.


1999 ◽  
Vol 8 (4) ◽  
Author(s):  
Anna Kadeřábková

The paper describes the problems of structural changes and structural policy within the framework of the relation between economic growth and structural changes, with attention given to the explanation of the principal growth and restructuring functions and their agents in the transition process. The basic alternative approaches to structural policy and their limits in achieving the designed goals are presented, including more general problems accompanying the structurally oriented economic policy-making. The paper is concluded with consideration of structural policy priorities in the transition process, and in support of adjustment capacity, influencing the costs of necessary structural changes.


1984 ◽  
Vol 23 (2-3) ◽  
pp. 431-456 ◽  
Author(s):  
T. Riaz

After the Arab oil embargo of 1973, oil prices rose rapidly and the energy importing economies experienced an exogenously determined real supply shock, which, in most cases, led to a fall in their rates of economic growth and a corresponding rise in the rates of inflation. The energy situation emerged as a serious issue and the relationship between energy consumption and economic growth came into sharp focus. The last decade has been a period of disequilibrium, structural adjustment and adoption of strategies to cope with the previously unknown phenomenon of stagflation.


2001 ◽  
pp. 62-78 ◽  
Author(s):  
David Greenaway ◽  
Nishal Gooroochurn

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