Productivity growth and factor prices in East Asia

Article Abstract:

Policy reforms which do not directly address concerns on low investment and education do not help poor countries catch up with their rich industrialized counterparts. However, if technology catch-up supported a critical function, then policymakers who want to bridge the gap between the rich and poor countries have possible alternative strategies for promoting economic development.

Industrial productivity

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Speed limit policies: the output gap and optimal monetary policy

Article Abstract:

The need to stabilize the real economy and the inflation at a targeted level is the goal of an optimal monetary policy. The problems in achieving this objective are discussed and solutions thereto are suggested.

United States, Management dynamics, Management, Inflation (Finance), Monetary policy, Company business management, Inflation (Economics)

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Market design: the policy uses of theory

Article Abstract:

The impact of modern economic theory in the design of public policy is reviewed. The limitations of the theory are illustrated by China's economy-wide.

China, Economic aspects, Economics, Economic theory

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