THE IMPORTANCE OF CONTINUING GROWTH FOR THE EMERGING AND DEVELOPING COUNTRIES ? PRESENT AND PERSPECTIVES
Autor (i): Culiță, Gica Gherghina
JEL: O, O40, O47
Cuvinte cheie: growth, reforms, economic policies, emerging and developing economies
Abstract:
The global economy is facing in the past years diffrent paths of growth in the advanced economies and emerging and developing economies. Slow growth, high global uncertainty and perceptions of a lack of equality of opportunity should prompt policy makers to act in order to revive the global economy. Adressing domestic reforms, as this paper present from the economic outlook analysis of the International Monetary Found and other organisations, is the necessary condition for making the most of megatrends - like globalisation, digitalisation, population ageing and environmental degradation - and requires gouvernments to carrefully select, prepare, prioritise and implement structural reforms.
The global economy is facing in the past years diffrent paths of growth in the advanced economies and emerging and developing economies. Slow growth, high global uncertainty and perceptions of a lack of equality of opportunity should prompt policy makers to act in order to revive the global economy. Adressing domestic reforms, as this paper present from the economic outlook analysis of the International Monetary Found and other organisations, is the necessary condition for making the most of megatrends - like globalisation, digitalisation, population ageing and environmental degradation - and requires gouvernments to carrefully select, prepare, prioritise and implement structural reforms.
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