The Growth Comeback in Developing Economies : A New Hope or Back to the Future? /

Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger econo...

Full description

Bibliographic Details
Main Author: Bluedorn, John
Other Authors: Duttagupta, Rupa, Guajardo, Jaime, Mwase, Nkunde
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/132
Online Access:Full text available on IMF
LEADER 01979cas a2200277 a 4500
001 AALejournalIMF013611
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781484321980 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Bluedorn, John. 
245 1 4 |a The Growth Comeback in Developing Economies :   |b A New Hope or Back to the Future? /  |c John Bluedorn, Rupa Duttagupta, Jaime Guajardo, Nkunde Mwase. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2013. 
300 |a 1 online resource (49 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger economic conditions, such as lower post-takeoff debt and inflation levels; more competitive real exchange rates; and better structural reforms and institutions. The chances of starting a takeoff in the 2000s was triple that before the 1990s, with domestic conditions accounting for most of the increase. The findings suggest that if today's dynamic developing economies sustain their improved policies; they are more likely to stay on course compared to many of their predecessors. 
538 |a Mode of access: Internet 
700 1 |a Duttagupta, Rupa. 
700 1 |a Guajardo, Jaime. 
700 1 |a Mwase, Nkunde. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2013/132 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2013/132/001.2013.issue-132-en.xml  |z IMF e-Library