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Technology as a Channel of Economic Growth in India
After decades of slow growth since Independence from the British Raj, Indian economy registered its own small miracle, when growth rate of GDP per capita surpassed the long term growth rate of many advanced economies. What caused this miracle? In this paper, the authors search for an answer in the neoclassical growth model.
Global Factors and Emerging Market Spreads
This paper shows that a large fraction of the variability of emerging market bond spreads is explained by the evolution of global factors such as risk appetite and contagion. Overall, the results highlight the critical role played by exogenous factors in the evolution of the borrowing cost faced by emerging economies.
Economic Policy from an Evolutionary Perspective: the Case of Finland
In the last decade, the Finnish economy has shown an unprecedented recovery, after being hit by a deep crisis in the early 1990s, according to the authors. The paper views and interprets this successful transformation process based on ICT from an evolutionary perspective.
Community-Campus Partnerships for Economic Development: Community Perspectives
This report draws on a variety of sources, including first-person interviews and academic literature, to bring out community perspectives on what makes for successful partnerships. The conclusions are presented as practical suggestions for community groups and campuses seeking to optimize partnerships. Four case studies describe lessons learned by participating community groups.
China and the Relationship Between the Oil Price and the Dollar
The authors study cointegration and causality between the real price of oil and the real price of the dollar over the 1974-2004 period. Results suggest that a 10% rise in the oil price coincides with a 4.3% appreciation of the dollar in the long run, and that the causality runs from oil to the dollar.
State Policy & Economic Development In Oklahoma: 2005
The report is a follow up to the 2004 study, and offers suggestions to be implemented to improve economic development.
Art of Economic Development: Community Colleges for Creative Economies
The conference report finds that many community colleges are unassumingly becoming places students and communities do look to for leisure-time, creative,
and cultural activities, and they are becoming institutions of choice for qualifying for creative, and growing occupations and industries.
State of the Coast Economy 2004 Annual Report
The report reveals that the Biloxi-Gulfport-Pascagoula MSA grew approximately 1.3% between 2000 and 2004 – resulting in a total MSA population of approximately 370,300.
Toward A More Competitive Colorado
The report examines hundreds of national rankings on issues related to Colorados competitive position nationally. There are nine major industry clusters currently operating in Metro Denver. All nine industry clusters are important to the economic base, making them primary targets for economic development retention and expansion efforts.
Local Governance and the Drivers of Growth
Innovation, skills, entrepreneurship and social cohesion are key drivers of growth, and essential goals of effective economic development strategies. Each has a strong governance component, which requires real partnership between government, business and civil society. In this book, the OECD has brought together top world experts to translate policy lessons into concrete recommendations that will help policy makers and practitioners make the best governance decisions to stimulate growth.