Suchergebnisse

Poland is one of the biggest yet rarely heard of economic success stories. Over the last twenty-five years it has unexpectedly become Europe's growth champion. This book is about lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges countries face to grow.

The article argues that China has achieved a remarkable progress in promoting technology absorption and innovation over the past decade. China today spends 2.1 percent of GDP on R&D, more than the OECD average. By 2020, China together with the US will be responsible for more than half of the world's R&D spending. These two countries may thus largely de-cide about the speed and direction of mankind's technological progress. Despite the pro-gress, however, China still faces several challenges to becoming a global technological giant.

To face these challenges, China would be well advised to increase the quality of innovation outputs, strengthen efficiency of public support for innovation, further strengthen intel-lectual property rights, and help enhance managerial practices of Chinese firms.

Global economic integration intensified tax competition and raised concerns about the resulting ""race to the bottom"", which could undermine public investment and social spending. The aim of this paper is to test predictions that (i) there is interdependence in CIT rate setting in Eastern Europe and that (ii) the recent CIT cut in Moldova may intensify tax competition in the region. It finds that there is indeed evidence that during 1995-2006 countries in Eastern Europe strategically responded to changes in CIT rates in the region and that Moldovan zero CIT is likely to encourage further cuts

The article presents the main results of the World Bank study undertook between 2014 and 2015, during which the Bank conducted more than 500 face-to-face interviews with top management of SMEs in four regions of Poland. The objective of the study was to identify key drivers and constraints of SME innovation, discover firms with the most innova-tion-based growth potential, and assess the quality of public support for innova-tion-oriented SMEs. The study found that among the interviewed SMEs there was a large group of companies with a significant potential for innovation-based growth. To help in-novative SMEs fully leverage their capa-
city, public support for innovation will need to be modernized.