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The East African Community; Prospects for Sustained Growth

McAuliffe, Catherine; Saxena, Sweta Chaman; Yabara, Masafumi - International Monetary Fund (IMF) - 2012

countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher …

Persistent link: https://www.econbiz.de/10011242354

Four Decades of Terms-of-Trade Booms; Saving-Investment Patterns and a New Metric of Income Windfall

Adler, Gustavo; Magud, Nicolas E. - International Monetary Fund (IMF) - 2013

rather than a greater 'effort' to save it. Finally, we find evidence that, while savings during the boom help to increase … post-boom income, the composition of such savings matters. Specifically, in past episodes, savings allocated to foreign … asset accumulation appear to have contributed more to post-boom income than those devoted to domestic investment. …

Persistent link: https://www.econbiz.de/10011242443

Three Propositions on African Economic Growth

Dhonte, Pierre - International Monetary Fund (IMF) - 1995

Persistent link: https://www.econbiz.de/10005264269

Growth Slowdowns and the Middle-Income Trap

Aiyar, Shekhar; Duval, Romain A; Puy, Damien; Wu, Yiqun; … - International Monetary Fund (IMF) - 2013

The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study we examine the middle-income trap as a special case of growth slowdowns, which are identified as...

Persistent link: https://www.econbiz.de/10010790409

Latin America; Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA)

Ramos, Roberto Luis Olinto; Rivas, Lisbeth; Pastor, … - International Monetary Fund (IMF) - 2008

This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base...

Persistent link: https://www.econbiz.de/10005768868

Volatility and Growth in Latin America; An Episodic Approach

Sahay, Ratna; Goyal, Rishi - International Monetary Fund (IMF) - 2006

This paper compares the pattern of macroeconomic volatility in 17 Latin American countries during episodes of high and low growth since 1970, examining in particular the role of policy volatility. Macroeconomic outcomes are distinguished from macroeconomic policies, structural reforms and...

Persistent link: https://www.econbiz.de/10005825787

Growth and Reforms in Latin America; A Survey of Facts and Arguments

Zettelmeyer, Jeromin - International Monetary Fund (IMF) - 2006

This paper presents a number of facts about growth in Latin America, and shows how critical correlates of growth have evolved over time. In comparison with other regions, Latin America has consistently exhibited higher macroeconomic volatility, lower openness, and higher income inequality,...

Persistent link: https://www.econbiz.de/10005264118

German Unification: Economic Issues

Lipschitz, Leslie; McDonald, Donogh - International Monetary Fund (IMF) - 1990

Persistent link: https://www.econbiz.de/10005767379

Kuwait: Selected Issues

International Monetary Fund (IMF); International … - 2013

investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline … is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected … investment rate is lower than the optimal investment rate of 20 percent of government income. …

Persistent link: https://www.econbiz.de/10011242728

Price Liberalization in Russia; The Early Record

Koen, Vincent; Phillips, Steven - International Monetary Fund (IMF) - 1992

Prices in Russia have been decontrolled in several steps since early 1991, after decades of near-fixity. Their behavior before and after the January 1992 price liberalization is analyzed here, as are the associated movements of wages and overall consumer incomes and expenditures. The emphasis is...

Persistent link: https://www.econbiz.de/10005605004