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https://elibrary.tucl.edu.np/handle/123456789/5177
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DC Field | Value | Language |
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dc.contributor.author | ADB; Eichengreen, Barry; Park, Donghyun; Shin, Kwanho | - |
dc.date.accessioned | 2021-10-05T15:02:10Z | - |
dc.date.available | 2021-10-05T15:02:10Z | - |
dc.date.issued | 2017-08 | - |
dc.identifier.isbn | N/A | - |
dc.identifier.isbn | N/A | - |
dc.identifier.issn | 23136537 | - |
dc.identifier.issn | 23136545 | - |
dc.identifier.uri | https://www.adb.org/publications/landscape-economic-growth-middle-income-countries | - |
dc.identifier.uri | https://elibrary.tucl.edu.np/handle/123456789/5177 | - |
dc.description | The efficiency of the financial system is related to the growth rate in low- and middle-income countries, but appears to matter less as one moves up the income scale. A review of the growth experience of middle-income countries suggests that economic factors associated with growth appear to differ between middle income and other countries. Demographic variables also matter importantly in low-income countries. In middle-income countries, in contrast, measures of the financial system no longer appear to matter as importantly, as if inefficiencies in banking and financial systems are no longer as binding a constraint as at earlier stages of financial development; nor are demographic variables as important as before. At this point, other variables gain a growing role: these include whether the country experiences a banking or currency crisis, the extent of nonforeign direct investment capital inflows, and government debt as a share of gross domestic product. | - |
dc.format.extent | 36 | - |
dc.title | The Landscape of Economic Growth: Do Middle-Income Countries Differ? | - |
local.publication.country | Regional - Asia and the Pacific | - |
Appears in Collections: | ADB Collections |
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