Showing 1 - 10 of 189
The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...
Persistent link: https://www.econbiz.de/10012553826
final high-growth scenario explores requirements and consequences for Pakistan's economy if, during the period 2013-2022, it …
Persistent link: https://www.econbiz.de/10012560158
. The paper illustrates the decomposition using data for Morocco and Vietnam, and the results offer some surprising insights …
Persistent link: https://www.econbiz.de/10012552803
By international standards, and given its relatively low per capita income, Vietnam has achieved substantial reductions … inequalities in child survival are evident in Vietnam-a change from the early 1990s when none were apparent. The authors develop … progress among the poor will jeopardize Vietnam's chances of achieving the international development goals for child mortality …
Persistent link: https://www.econbiz.de/10012559592
Vietnam grew rapidly in the 1990s, and yet by many measures it has poor economic institutions. Dollar seeks to explain … this apparent anomaly. Between the 1980s and 1990s Vietnam carried out significant economic reforms, notably stabilization …. Relating these changes to the empirical growth literature, the author finds that Vietnam's growth acceleration is about what …
Persistent link: https://www.econbiz.de/10012559599
Trade does not stimulate growth in economies with excessive business and labor regulations. The authors examine the effect of openness on growth using cross-country regressions in both levels and changes. Results from the levels regressions imply that increased openness is associated with a...
Persistent link: https://www.econbiz.de/10012559662
Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as "jobless growth." The author addresses the causes of this...
Persistent link: https://www.econbiz.de/10012553718
This paper studies the impact of labor market policies on growth and unemployment in labor-exporting countries in the Middle East and North Africa. The analysis is based on a framework that captures many of the main features of the labor market in these countries. We conduct a variety of policy...
Persistent link: https://www.econbiz.de/10012559871
The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems...
Persistent link: https://www.econbiz.de/10012552258
Tajikistan's economy has recovered strongly after the collapse of the 1990s, but sustaining rapid economic growth over …
Persistent link: https://www.econbiz.de/10012552361