Perspectives on China’s Economic Growth: Prospects and Wider Impact

2013 ◽  
Author(s):  
Linda Y. Yueh
Keyword(s):  
Economic Growth ◽  
Growth Prospects

scholarly journals Economic freedom and growth: A panel cointegration approach

2016 ◽  
Vol 63 (5) ◽  
pp. 541-562 ◽  
Author(s):  
Bernur Acikgoz ◽  
Anthony Amoah ◽  
Mine Yilmazer
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Economic Freedom ◽  
Panel Cointegration ◽  
Government Regulations ◽  
Policy Makers ◽  
Country Group ◽  
Long Run ◽  
Growth Prospects

This study uses three-country group panel data from 1993 to 2011 in examining the long-run effect of tax burdens (Fiscal index) and government regulations of business (Business index) on economic growth. The outcome of the panel cointegration approach suggests that the variables have a long-run relationship with economic growth. The study finds all the signs of the variables used to be consistent with theoretical expectations. Regarding the variables of interest, it is also found that the Fiscal index has a positive and significant effect on economic growth for all three-country groups. In addition, the Business index has a positive and significant effect for only two-country groups. The study finds that tax burdens and government regulations play an important role on economic growth for most countries in the sample. To harness economic growth prospects, the study offers recommendations for policy makers to consider.

scholarly journals Pakistan’s Productivity Performance and TFP Trends, 1980–2015: Cause for Real Concern

2016 ◽  
Vol 21 (Special Edition) ◽  
pp. 33-63 ◽  
Author(s):  
Rashid Amjad ◽  
Namra Awais
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
Total Factor Productivity ◽  
Labor Productivity ◽  
Productivity Growth ◽  
Output Growth ◽  
Factor Productivity ◽  
Sustained Growth ◽  
Growth Prospects ◽  
High Output

This paper reviews Pakistan’s productivity performance over the last 35 years (1980–2015) and identifies factors that help explain the declining trend in labor productivity and total factor productivity (TFP), both of which could have served as major drivers of productivity growth – as happened in East Asia and more recently in India. A key finding is that the maximum TFP gains and their contribution to economic growth are realized during periods of high-output growth. The lack of sustained growth and low and declining levels of investment appear to be the most important causes of the low contribution of TFP to productivity growth, which has now reached levels that should be of major concern to policymakers vis-à-vis Pakistan’s growth prospects.

scholarly journals Climate change and economic growth prospects for Malawi: An uncertainty approach

2014 ◽  
Author(s):  
Channing Arndt ◽  
Adam Schlosser ◽  
Kenneth Strzepek ◽  
James Thurlow
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Growth Prospects

Challenges for Vietnam in the Globalization Era

2018 ◽  
Vol 9 (1) ◽  
Author(s):  
Dong Phong Nguyen ◽  
Viet Tien Ho ◽  
Xuan Vinh Vo
Keyword(s):  
Economic Growth ◽  
Value Chain ◽  
Global Economy ◽  
Global Value Chain ◽  
Domestic Markets ◽  
Wide Range ◽  
The World ◽  
Growth Prospects ◽  
Economic Slowdown ◽  
Emerging And Developing Countries

Abstract Emerging and developing countries around the world are playing an increasingly important role in the global economy. They move up in the global value chain very quickly. However, these countries constantly facing a plethora of challenges covering a wide range of issues. This paper addresses some key challenges confronting Vietnam economy which potentially deteriorate its economic growth prospects. These include economic slowdown, credit booming, the rise of protectionism around the world, and risk from greater opening of the domestic markets. Addressing these challenges are important for Vietnam to maintain its comparative advantage and foundation for economic growth.

Political uncertainty will deter investment in Fiji

2015 ◽  
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Political Stability ◽  
Asian Countries ◽  
Content Type ◽  
Ethnic Populations ◽  
Regional Demand ◽  
Growth Prospects ◽  
The Government ◽  
Economic Outlook

Subject The economic outlook for Fiji. Significance Fiji has returned to political stability and a degree of international legitimacy in recent years, albeit in a context of poor to moderate economic growth. GDP growth of 4.0 % is forecast for 2015, but the outlook for Fiji's main industries (tourism, gold and services) remains stagnant as aggregate regional demand for resources slumps and Fiji's comparative advantage as a regional services hub erodes. Impacts The government will actively promote FDI to boost Fiji's lacklustre economic growth prospects. The government will promote agriculture and fisheries to provide opportunities for disadvantaged rural and ethnic populations. Foreign investment in tourism will probably increase slowly as demand from Asian countries grows. Fiji's dominance in the South Pacific economy will likely diminish as advances in ICT allow it to be bypassed. Ways must be found to prevent loss of trained and educated personnel if Fiji is to maintain its central role.

Madagascar's presidential poll may not end instability

2018 ◽  
Keyword(s):  
Economic Growth ◽  
Military Coup ◽  
Elected Officials ◽  
Legislative Elections ◽  
Content Type ◽  
Donor Support ◽  
Growth Prospects ◽  
Election Results ◽  
Additional Support ◽  
Governance Reforms

Significance Rajoelina was installed as president following a military coup that toppled Ravalomanana in 2009. Following four years of protracted negotiations and pressure from international mediators, neither individual was allowed to contest the 2013 election. Given the longstanding rivalry between the two, there are fears over post-poll insecurity. Impacts A protracted dispute over the election results could undermine solid economic growth prospects (5.4% for 2019). The runoff’s outcome will set the tone for the conduct of the scheduled legislative elections in April and municipal polls in August. Failure to pursue key governance reforms, such as tackling corruption or curbing subsidies, could jeopardise donor support. Hery's backing for Ravalomanana in the runoff would give the latter important additional support from a network of elected officials.

Bank caution will make Russian firms draw on own funds

2017 ◽  
Keyword(s):  
Economic Growth ◽  
Mergers And Acquisitions ◽  
Economic Recovery ◽  
Productive Capacity ◽  
Fixed Asset ◽  
Content Type ◽  
Domestic Capital ◽  
Investment Rates ◽  
Growth Prospects

Subject Financing sources for Russian companies. Significance Low investment rates in the last three years have led to substantial fixed asset deterioration. Russian companies are trying to make better use of existing assets instead of renewing productive capacity, and the main source of investment is their own funds. Impacts As EU and US sanctions persist, Russia will strive to boost domestic capital markets. Prolonged low investment will restrict economic growth prospects for the medium-to-long term. Insufficient investment will limit productivity and undermine product competitiveness. Signs of economic recovery may boost mergers and acquisitions.

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