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BL
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| Record Number
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887833
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| Main Entry
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Publishing, OECD.
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| Title & Author
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Perspectives on Global Development 2014 : : Boosting Productivity to Meet the Middle-Income Challenge.
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| Publication Statement
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Paris :: OECD Publishing,, 2014.
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| Series Statement
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Perspectives on Global Development,
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| Page. NO
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1 online resource (289 pages)
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| ISBN
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9264210601
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: 926421061X
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: 9789264210608
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: 9789264210615
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| Notes
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Chapter 2. Competitiveness in a catchingup context.
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| Bibliographies/Indexes
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Includes bibliographical references at the end of each chapters.
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| Contents
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Foreword; Acknowledgements; Table of contents; Acronyms and abbreviations; Editorial; Executive summary; Chapter 1. Shifting wealth and the productivity challenges for middleincome countries; Shifting global economic landscape; Figure 1.1. NonOECD countries' share in the global economy has been steadily rising; Figure 1.2. The difference in growth rates between advanced economies and emerging and developing economies has been narrowing since 2009; BRIICS countries have been increasing their share of global trade and investment, led by China.
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Figure 1.11. Investment efficiency has improved recently in East Asia and PacificBox 1.3. Issues in measuring ICORs; Boosting productivity for development; Key considerations for boosting productivity and supporting development; Notes; References; Annex 1.A1. Methodological notes; Shift-share analysis of labour productivity growth; Estimation method for total factor productivity at the sector level; Annex 1.A2. Additional tables; Table 1.A2.1. Shiftshare analysis of labour productivity growth per person, 200009; Table 1.A2.2. Withinindustry effects by industry 200009.
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Figure 1.3. BRIICS countries have been increasing their share of global trade and investmentFigure 1.4. China and India's raw material imports have been increasing; Figure 1.5. China has the largest stocks of outward foreign direct investment among the BRIICS; Alternatives to China as potential drivers of "shifting wealth" are emerging; Figure 1.6. Large nonOECD economies command an increasing share of world output, consumption and investment; The challenge of productivity for convergence; Figure 1.7. Many upper middleincome countries may not converge to average OECD GDP per capita by 2050.
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Low economic growth can be associated with low productivity growthBox 1.1. Identification of and factors associated with the "middleincome trap" or "growth slowdowns" in the literature; In several middleincome countries, productivity growth is indeed low as are their productivity levels; Figure 1.8. Lagging productivity in middleincome countries; Fading of traditional drivers of growth in some middleincome countries; The contribution from the demographic dividend varies among developing economies; Figure 1.9. Population is ageing rapidly in many middleincome countries.
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Productivity gains from shifting labour to more productive sectors are fading with industrialisationTable 1.1. Sectoral transformation is dramatic in some economies; Box 1.2. Shiftshare decomposition; Figure 1.10. Productivity increases within sectors have contributed most to productivity growth in some middleincome countries but not all; Efficiency in the use of production factors is declining in several emerging and developing economies; Table 1.2. Labour force participation and unemployment in selected countries.
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| Abstract
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Developing economies continue to grow faster than more advanced countries. Non-OECD countries' share in world GDP surpassed that of OECD countries in 2010. Since its first edition in 2010, the annual Perspectives on Global Development has investigated the trends in ""shifting wealth"", the increasing economic weight of developing countries in the world economy. ""Shifting wealth"" has received a boost through the rise of China, which has also led to positive spillover effects on developing economies that supply China's demand for resource-based products and intermediates. However, even at thei.
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| Subject
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Economic development.
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Social integration.
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Economic development.
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Social integration.
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| Dewey Classification
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338.9
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| LC Classification
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HM683
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| Added Entry
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Centre, OECD Development.
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