Learning From the Doers: Developing Country Lessons for Advanced Economy Growth.
From 1980 to 1992, emerging and developing countries grew by 3.4 percent per year. Their annual rate of growth increased to 5.4 percent between 1993 and 2012. No such increase occurred for advanced nations, whose average growth from 1980 to 2012 was roughly constant (excluding the impact of the 2008...
| Publicado en: | American Economic Review Vol. 104; no. 5; pp. 260 - 266 |
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| Formato: | Artículo |
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American Economic Association
May2014
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=96037249&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 96037249 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00028282 AER jtl: American Economic Review issn: 00028282 maglogo: N pubinfo: dt: May2014 vid: 104 iid: 5 pid: 22 pub: American Economic Association artinfo: ui: 96037249 10.1257/aer.104.5.260 ppf: 260 ppct: 6 formats: tig: atl: Learning From the Doers: Developing Country Lessons for Advanced Economy Growth. aug: su: Economic development Emerging markets Economics Commerce Strategic planning Gross domestic product Economic conditions in developing countries Economic conditions of developed countries Developing countries sug: subj: Economic development Emerging markets Economics Commerce Strategic planning Gross domestic product Economic conditions in developing countries Economic conditions of developed countries Developing countries ab: From 1980 to 1992, emerging and developing countries grew by 3.4 percent per year. Their annual rate of growth increased to 5.4 percent between 1993 and 2012. No such increase occurred for advanced nations, whose average growth from 1980 to 2012 was roughly constant (excluding the impact of the 2008-2009 Recession). Developing nations turned themselves around by embracing discipline-sustained commitment to a pragmatic and flexible growth strategy. Three illustrations of discipline through the lens of trade, fiscal, and debt reforms in the developing world offer relevant, practical lessons for recovery in advanced economies and continued catch-up growth in developing nations. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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