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This Selected Issues paper and Statistical Appendix reviews the performance of New Zealand and...

China has been growing at a spectacular rate in recent years, enabling per capita incomes to...

This paper examines the dynamics of economic growth. First, it demonstrates that the standard...

The model developed here postulates that learning through experience plays a critical role in...

Institutional and market frictions impose costs on the reallocation of labor from low to...

This paper examines the effects of improvements in infrastrucutre on sectoral growth and...