This paper finds that developing Asia'e economic growth over the past 3 decades was due to robust growth in capital accumulation, while the contributions of education and total factor productivity remain relatively limited.
01 Sep 2010 | Papers and Briefs | Economics Working Papers
To close significant income and nonincome development gaps around the world, governments must go beyond policies that simply increase economic growth. They have to include policies that close nonincome development gaps directly.
01 Feb 2010 | Papers and Briefs | Economics Working Papers
This paper presents indicators and develop new ones to find that regional interdependence in trade, investment, financial flows, tourism, and other social and political variables have increased significantly among East Asian economies.
01 Jun 2009 | Papers and Briefs | Regional Economic Integration Working Papers
This paper explains the observation that a country in which the level of technology approaches the technology frontier tends to rely more on technology creation than adoption, and to invest more in basic research than in development.
01 Apr 2009 | Papers and Briefs | Economics Working Papers
This paper explores the effects of technology change on growth rates of human capital and income. New technologies with more uncertain characteristics may adversely affect human capital accumulation and income growth.
01 Jan 2009 | Papers and Briefs | Regional Economic Integration Working Papers
This paper finds that an increase in bilateral trade interdependence and global trade openness significantly promotes peace. It also suggests that the effect of trade openness varies depending on the geographical proximity of countries.