Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Domestic Monetary Policy, Technology, and Economic Growth
Publisher :
Page : 108 pages
File Size : 50,74 MB
Release : 2002
Category : Business & Economics
ISBN :
Author : Ju-Ho Lee
Publisher : Edward Elgar Publishing
Page : 431 pages
File Size : 48,69 MB
Release :
Category : Economic development
ISBN : 1786436973
During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.
Author : Ronald I. McKinnon
Publisher : Brookings Institution Press
Page : 204 pages
File Size : 27,31 MB
Release : 2010-12-01
Category : Business & Economics
ISBN : 9780815718499
This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.
Author : Simon Smith Kuznets
Publisher : Princeton University Press
Page : 694 pages
File Size : 33,29 MB
Release : 2015-12-08
Category : Business & Economics
ISBN : 1400879728
An examination of long-term trends in capital formation and financing in the U.S., this study is organized primarily around the principal capital-using sectors of the economy: agriculture, mining and manufacturing, public utilities, non-farm residential real estate, and government. The analysis summarizes major trends in real capital formation and financing, and the factors that determined the trends. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author : Gaurav Nayyar
Publisher : World Bank Publications
Page : 364 pages
File Size : 18,88 MB
Release : 2021-10-18
Category : Business & Economics
ISBN : 1464817103
Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Author : I. Moosa
Publisher : Springer
Page : 328 pages
File Size : 21,27 MB
Release : 2002-01-29
Category : Business & Economics
ISBN : 1403907498
Foreign direct investment is an important issue that has attracted the attention of academic and professional economists as well as politicians and policy makers. In Foreign Direct Investment , Imad A. Moosa presents a survey of the vast body of literature and ideas relating to foreign direct investment that will be invaluable as a reference work for all these groups. He provides concise definition and analysis of the theories behind foreign direct investment, and considers factors affecting its implementation. The impact of foreign direct investment on economic development, host countries and the growth of multinationals, together with methods for evaluating foreign direct investment projects are discussed. The book is based on the experiences of and the empirical evidence pertaining to foreign direct investment in a large number of countries, and includes case studies on specific projects.
Author : United States. Congress. Senate. Committee on the Budget. Task Force on Tax Policy and Tax Expenditures
Publisher :
Page : 272 pages
File Size : 20,52 MB
Release : 1975
Category : Income tax
ISBN :
Author : United States. Congress. House. Committee on Financial Services
Publisher :
Page : 136 pages
File Size : 13,96 MB
Release : 2003
Category :
ISBN :
Author : Steven Durlauf
Publisher : Springer Science & Business Media
Page : 204 pages
File Size : 13,60 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 3642612113
One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.
Author : John W. Kendrick
Publisher :
Page : 296 pages
File Size : 31,70 MB
Release : 1976
Category : Business & Economics
ISBN :
