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Purpose – This paper attempts to show that Chinese post‐socialist transformation has involved a deep change in growth regime. Design/methodology/approach – The authors begin by detailing the institutional background of the study: the Chinese post‐socialist transformation. They compare...
Purpose – Over the last two decades global cross‐border investment has increased. State‐owned and managed, sovereign‐wealth funds (SWFs), largely from the emerging‐market economies, have started playing a decisive role in underpinning, sustaining and expanding financial globalization....
Purpose – The paper aims to examine the effects of exchange rate fluctuations on real output, the price level, and the real value of components of aggregate demand in Egypt and Turkey. Design/methodology/approach – Building on a theoretical model that decomposes movements in the exchange rate...
Purpose – The purpose of this paper is to document the transformation of developing Asia's manufacturing sector during the last three decades. Design/methodology/approach – The paper briefly discusses the transformation during the last 30 years and benchmarks the sector by estimating a...
Purpose – The aim of this paper is to analyse the cross‐country variation in the growth elasticity of poverty across a sample of developing countries during the period from 1990 to 2000. Design/methodology/approach – In order to identify variables that may explain the cross‐country...
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