The Growth Comeback in Developing Economies : A New Hope or Back to the Future? /

Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger econo...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Bluedorn, John
Muut tekijät: Duttagupta, Rupa, Guajardo, Jaime, Mwase, Nkunde
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2013.
Sarja:IMF Working Papers; Working Paper ; No. 2013/132
Linkit:Full text available on IMF
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100 1 |a Bluedorn, John. 
245 1 4 |a The Growth Comeback in Developing Economies :   |b A New Hope or Back to the Future? /  |c John Bluedorn, Rupa Duttagupta, Jaime Guajardo, Nkunde Mwase. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2013. 
300 |a 1 online resource (49 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger economic conditions, such as lower post-takeoff debt and inflation levels; more competitive real exchange rates; and better structural reforms and institutions. The chances of starting a takeoff in the 2000s was triple that before the 1990s, with domestic conditions accounting for most of the increase. The findings suggest that if today's dynamic developing economies sustain their improved policies; they are more likely to stay on course compared to many of their predecessors. 
538 |a Mode of access: Internet 
700 1 |a Duttagupta, Rupa. 
700 1 |a Guajardo, Jaime. 
700 1 |a Mwase, Nkunde. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2013/132 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2013/132/001.2013.issue-132-en.xml  |z IMF e-Library