Database 2000
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OECD Territorial Reviews Competitive Cities in the Global Economy
A synthesis report drawing from OECD metropolitan reviews, this book shows large cities' performance within their countries and addresses key dilemmas including competitiveness and social cohesion, intergovernmental relationships and urban finance.
Emerging Market Heterogeneity
Author: Mr.Zhongxia Zhang
language: en
Publisher: International Monetary Fund
Release Date: 2015-07-15
This paper studies growth patterns in Emerging Market Economies (EMs) from the perspective on clusters and taxonomies. First, it documents developments over the past five decades in EMs and uses a cluster analysis to better understand convergence and the investment-growth nexus. Second, it looks at the performance of EMs since 2000 and develops a taxonomy to classify countries according to their factor endowments as well as their real and financial external linkages. The taxonomy offers insights on growth dynamics pre and post the global financial crisis. Results highlight the high degree of heterogeneity in EMs and the need for more granular and targeted near and long-term policy advice.
