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The Pacific Speed of Growth - How Fast Can It Be and What Determines It? (Cód: 9495385)

Yang, Yongzheng; Chen, Hong

INTERNATIONAL MONETARY FUND

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The Pacific Speed of Growth - How Fast Can It Be and What Determines It?

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Descrição

This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small island states, but greater political stability, catch-up effects from lower initial incomes, and slower population growth have helped offset some of these disadvantages. On balance, policy-related factors, together with geography-related disadvantages, have led to growth rates in PICs that are much lower than in other small states. We also examine how real exchange rate appreciation, unfavorable developments in the external trade environment, and rising international transport costs may have contributed to PICs’ slower growth over the past decade.

Características

Peso 0.00 Kg
Produto sob encomenda Sim
Marca INTERNATIONAL MONETARY FUND
Número de Páginas 44 (aproximado)
Idioma 337
Acabamento e-book
Territorialidade Internacional
Formato Livro Digital Epub
Gratuito Não
Proteção Drm Sim
Tamanho do Arquivo 2167
Início da Venda 09/05/2013
Código do Formato Epub
Cód. Barras 9781484394373
Ano da Publicação 113
AutorYang, Yongzheng; Chen, Hong