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The Importance Of Continuing Growth For The Emerging And Developing Countries ? Present And Perspectives

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  • CuliÈ›a, Gica Gherghina

    (Phd lecturer, Constantin Brancoveanu University, Pitești)

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.

Suggested Citation

  • CuliÈ›a, Gica Gherghina, 2019. "The Importance Of Continuing Growth For The Emerging And Developing Countries ? Present And Perspectives," Management Strategies Journal, Constantin Brancoveanu University, vol. 45(3), pages 71-76.
    • Handle: RePEc:brc:journl:v:45:y:2019:i:3:p:71-76
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    More about this item

    Keywords

    growth; reforms; economic policies; emerging and developing economies;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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