4 research outputs found

    Understanding the Implications of Market Distortions on Aggregate Productivity and Competitiveness of Cambodia

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    1. Introduction 2. Current Status of Productivity and Competitiveness of Cambodia 3. Key Binding Constraints on Productivity Enhancement in Cambodia 4. Policy RecommendationsTRU

    Comparative Studies Of Indochina Economies (Cambodia, Thailand and Vietnam): An Input-Output (I-O) Approach

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    The Input-Output (I-O) table is now universally accepted as an effective analytical tool for the conduct of in-depth socio-economic as well as environmental studies, whether national or regional. The reason for its being widely used is because of its capability, in a simple compacted manner, to unravel the interwoven structural interdependent relations existing in an economy and the ability to translate these economic interdependencies into empirical analysis. The construction therefore of an I-O Account as an integrated sub-account of the country's National Accounts could not be undermined. While the GDP periodically provides the aggregative measures of economic development, its usefulness as an effective analytical database for translating development objectives into specific programs and projects is quite limited. Knowledge and understanding of the economy's structure in all its details thus become an indispensable input in economic planning and policy formulation. And this type of technical information could only be retrieved through the compilation of I-O tables. This paper, which deals with an economic assessment based on single country or intra-national I-O tables available provides therefore the technical insights into how the proposed research project shall be initiated and pursued. And this can be done by looking first at the I-O data of each country in the Region.Cambodia, Thailand, Vietnam, Indochina, IO, Input - Output

    Six Ways Population Change Will Affect the Global Economy

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    New estimates of economic flows by age combined with population projections show that in the coming decades (1) global GDP growth could be slower by about 1 percentage point per year, declining more sharply than population growth; (2) GDP will shift toward sub-Saharan Africa more than population trends suggest; (3) living standards of working-age adults may be squeezed by high spending on children and seniors; (4) changing population age distribution will raise living standards in many lower-income nations; (5) changing economic life cycles will amplify the economic effects of population aging in many higher income economies; and (6) population aging will likely push public debt, private assets, and perhaps productivity higher. Population change will have profound implications for national, regional, and global economies
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