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Wage Gaps and Development; Lessons From U.S. History

Mourmouras, Alex; Rangazas, Peter - International Monetary Fund (IMF) - 2007

During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of wage and productivity gaps in the U.S. from 1800 to 2000. We build a quantitative general...

Persistent link: https://www.econbiz.de/10005599726

Rural Poverty in Developing Countries; Issues and Policies

Khan, Mahmood Hasan - International Monetary Fund (IMF) - 2000

In most developing countries, poverty is more widespread and severe in rural than in urban areas. The author reviews … some important aspects of rural poverty and draws key implications for public policy. He presents a policy framework for … reducing poverty, taking into account the functional differences and overlap between the rural poor. Several policy options are …

Persistent link: https://www.econbiz.de/10005605040

Dealing with Increased Risk of Natural Disasters; Challenges and Options

Keen, Michael; Freeman, Paul K.; Mani, Muthukumara - International Monetary Fund (IMF) - 2003

Natural disaster risk is emerging as an increasingly important constraint on economic development and poverty reduction …

Persistent link: https://www.econbiz.de/10005825906

Natural Disasters; Mitigating Impact, Managing Risks

Laframboise, Nicole; Loko, Boileau - International Monetary Fund (IMF) - 2012

This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMFâ€™s role in assisting countries coping with natural catastrophes. Focusing on seven country cases, the paper describes the emergency financing, policy support, and technical assistance...

Persistent link: https://www.econbiz.de/10011242390

International Reserves and Self-Insurance Against External Shocks

Barnichon, Régis - International Monetary Fund (IMF) - 2008

The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper develops an analytical...

Persistent link: https://www.econbiz.de/10010790295

How Do International Financial Flows to Developing Countries Respond to Natural Disasters?

David, Antonio - International Monetary Fund (IMF) - 2010

This paper uses multivariate dynamic panel analysis to examine the response of international financial flows to natural disasters. The models estimated for a large sample of developing countries point to differentiated responses of specific types of financial flows. The results show that...

Persistent link: https://www.econbiz.de/10008560427

Debt Sustainability Under Catastrophic Risk; The Case for Government Budget Insurance

Cavallo, Eduardo A.; Borensztein, Eduardo; Valenzuela, … - International Monetary Fund (IMF) - 2008

Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper examines the vulnerability of Belize's public finance to the occurrence of...

Persistent link: https://www.econbiz.de/10005599214

Macroeconomic Implications of Natural Disasters in the Caribbean

Rasmussen, Tobias N. - International Monetary Fund (IMF) - 2004

Each year natural disasters affect about 200 million people and cause about $50 billion in damage. This paper compares the incidence of natural disasters across countries along several dimensions and finds that the relative costs tend to be far higher in developing countries than in advanced...

Persistent link: https://www.econbiz.de/10005605190

Interpreting EU Funds Data for Macroeconomic Analysis in the New Member States

Sierhej, Robert; Rosenberg, Christoph B. - International Monetary Fund (IMF) - 2007

Drawing on a dataset suitable for macroeconomic analysis, the paper provides an overview of the magnitudes, purpose and institutional implications of EU-related transfers to and from the new member states. A rough analysis of accounting identities and first-round effects shows that EU funds may...

Persistent link: https://www.econbiz.de/10005604971

Barriers to Capital Accumulation and the Incidence of Child Labor

Espinosa-Vega, Marco A; Barnett, Richard C. - International Monetary Fund (IMF) - 2005

poverty of nations. Additionally, we find support for policies aimed at reducing capital barriers as a means to reduce child …

Persistent link: https://www.econbiz.de/10005825821