Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies
Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and...
Dabla-Norris, Era; Ho, Giang; Kochhar, Kalpana; Kyobe, Annette; Tchaidze, Robert
2014-06-01 00:00:00
This paper examines the supply side drivers of growth in emerging market and developing economics (EMDEs) during the past decades and discusses the role of productivity-enhancing reforms in bolstering future growth prospects. It examines aggregate and sectoral productivity trends including around reform episodes to draw broad policy lessons on what policies are needed to increase productivity. Findings suggest appropriate policies need to be tailored to the stage of economic development and to other pertinent features that give rise to the heterogeneous experiences of EMDEs.
http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.pngJournal of International Commerce, Economics and PolicyWorld Scientific Publishing Companyhttp://www.deepdyve.com/lp/world-scientific-publishing-company/anchoring-growth-the-importance-of-productivity-enhancing-reforms-in-h6ox0RWa2s
Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies
This paper examines the supply side drivers of growth in emerging market and developing economics (EMDEs) during the past decades and discusses the role of productivity-enhancing reforms in bolstering future growth prospects. It examines aggregate and sectoral productivity trends including around reform episodes to draw broad policy lessons on what policies are needed to increase productivity. Findings suggest appropriate policies need to be tailored to the stage of economic development and to other pertinent features that give rise to the heterogeneous experiences of EMDEs.
Journal
Journal of International Commerce, Economics and Policy
– World Scientific Publishing Company
Published: Jun 1, 2014
Keywords: Total factor productivity (TFP) productivity economic growth structural reforms institutions emerging market and developing economies agriculture industry services
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