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The country studies and their background papers included in this book were prepared for the Latin America and the Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort conducted in association with the Latin American and...
Persistent link: https://www.econbiz.de/10010772497
The country studies and their background papers included in this book were prepared for the Latin America and the Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort conducted in association with the Latin American and...
Persistent link: https://www.econbiz.de/10010943575
facilitate fuel and electricity subsidy reform, food subsidy reform should be undertaken. …
Persistent link: https://www.econbiz.de/10011244740
This Selected Issues paper investigates the macroeconomic impact of the Syria crisis on Jordan. It is indicated that the crisis: (1) had an overall negative impact on measured output growth—although anecdotal evidence suggests possibly a positive impact on output in the informal sector;...
Persistent link: https://www.econbiz.de/10011243054
energy prices, we find electricity prices––relative to oil and gas––to be more important in the manufacturing process …, with a one standard deviation reduction in electricity prices leading to a 2.8 percent increase in manufacturing output …. Our estimated elasticities together with plausible reductions in electricity tariffs derived from the energy reform, could …
Persistent link: https://www.econbiz.de/10011242302
The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in 'China's and India's Challenge to Latin America' indicates that...
Persistent link: https://www.econbiz.de/10010772373
The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in 'China's and India's Challenge to Latin America' indicates that...
Persistent link: https://www.econbiz.de/10010943427
Bulgaria's macroeconomic performance in the face of the prolonged slowdown in the EU has been impressive, but risks have intensified. The response of fiscal policy to these risks has been adequate. Plans to increase reliance on state enterprises to carry out public sector activities are...
Persistent link: https://www.econbiz.de/10005824945
This paper discusses the Former Yugoslav Republic of Macedonia’s (FYR Macedonia) Request for a Stand-By Arrangement and Extension of Repurchase Expectations. The authorities have asked the IMF to support an ambitious program that includes structural reforms that address the root causes of...
Persistent link: https://www.econbiz.de/10005824980
This paper examines Bulgaria’s 2004 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement. Foreign direct investment inflows have been strong, reserves are rising, and competitiveness appears broadly adequate. Fiscal policy has been tightened in 2003, as the...
Persistent link: https://www.econbiz.de/10005825073