الزامات دستیابی به رشد هشت درصد(مروری بر تجربه سیزده کشور)

Mirjalili, Seyed hossein (2016): الزامات دستیابی به رشد هشت درصد(مروری بر تجربه سیزده کشور). Published in: Economic Studies, Parliament Center for Research , Vol. 22, No. 58 (29 May 2016): pp. 1-18.

Abstract

Targeting an economic growth rate of eight percent has been one of the common objectives of recent development programs. Despite the repeated emphasis on this target, the performance of economy over the past decade demonstrates a considerable gap between the actual and the desired outcomes. Why is this the case? The answer lies in the fact that sustaining high growth rates requires certain prerequisites; without providing these conditions and without policymakers’ commitment to them, such growth will never be realized. The second question is: what are these prerequisites? This article, drawing on the experience of thirteen economies that have achieved continuous growth rates of eight percent or higher in recent decades, offers policy-relevant insights. The key points proposed for long-term consensus among policymakers include: government efficiency; the role of investment (in physical capital, infrastructure, and human capital); transfer of technical knowledge; competition and structural transformation centered on productivity; attention to the labor market; export development; exchange rate management; capital inflows and gradual liberalization of financial markets; macroeconomic stability; support of investment through savings; development of the financial sector; rural investment; equality of opportunity; regional development; and finally, energy and environmental management.

• Item Type: MPRA Paper
• English Title: Requirements for Achieving 8% Growth: A Review of the Experience of Thirteen Countries
• Language: Persian
• Keywords: Economic Growth, Sustained Eight Percent Growth, Growth Commission, Economic Stability, Developmental State.
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies

References

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-World bank, ”World Development Indicators”.

-Hausman, Ricardo and Dani Rodrik,(2003),”Economic Development as self-discovery”, Journal of Development Economics, 72.

-Acemoglu, Daren and James Robinson,(2008),”The Role of Institutions in Growth and Development”, Commission on Growth and Development, working paper No.10, The World Bank Publication.

-Rodrik, Dani,(2008),”Growth after the Crisis”, Commission on Growth and development, working paper No.5.