Tag Archives: Growth

China’s Growth Potential

Sara Hsu In the news, we have heard about China’s need to rebalance its economy, its slowdown in GDP growth, its debt buildup, and its government’s vague outline for economic reform. There is a great deal of uncertainty about where … Continue reading

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More Finance, More Growth? More Finance, More Crises?

By Simon Sturn and Gerald Epstein A large body of cross-country time-series literature shows that financial development—predominantly measured by private credit as a percent of GDP—fuels growth. But, in light of the many recent episodes of finance driven crisis, these … Continue reading

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Real Wage Growth Around the World

Matías Vernengo The new edition of the International Labour Organization’s Global Wage Report (2012/13) has been published. The figure below shows the rates of growth in real wages by region. Note that real wages have basically stagnated in the developed … Continue reading

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Extreme Inequality Retards South Africa’s Economic Growth

Leonce Ndikumana Jessica Desvarieux of The Real News Network interviews Triple Crisis contributor Leonce Ndikumana about the role of inequality in stifling economic growth in South Africa. JESSICA DESVARIEUX, TRNN PRODUCER: Welcome to The Real News Network. I’m Jessica Desvarieux … Continue reading

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Inclusive Growth: What the Experiences of Argentina and Brazil Tell Europe

Juan O’Farrell and Soledad Villafañe, Guest Bloggers Latin American countries’ experiences over the last decade have been widely described as a success story for reducing income inequality. In a work to be published this month, we analyze how the coordination between … Continue reading

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Demographic Transitions, Malthusian Traps and Supply-Constrained Growth

Matias Vernengo Gregory Clark’s book The Farewell to Alms re-popularized the Malthusian model (for the relevant chapter go here). The basic idea is that population dynamics and the so-called demographic transition do have an important impact on economic growth. Robert … Continue reading

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Limits to Growth – of What?

James K. Boyce Average national income is a notoriously imperfect measure of the average person’s well-being. The 2010 BP oil spill in the Gulf of Mexico – with clean-up and damage costs of $90 billion – added about $300 to … Continue reading

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