Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/231362
Authors: 
Abou Hamia, Mohamad A.
Year of Publication: 
2021
Abstract: 
The article shows that the world economies are relying less on knowledge to compete in external markets in the last decade compared to the 1990s. The article shows that only four countries contribute a staggering 65% to the world growth and more than 180 countries contribute 36%, which is roughly equal to the Chinese contribution. The article attributes this unbalanced contribution to world growth to the fact that the world economy is not sufficiently and effectively spending on R&D, which is key to sustainable economic growth and creating decent jobs.
Subjects: 
R&D
Knowledge
World Growth
China
JEL: 
O11
O24
O32
Document Type: 
Working Paper

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