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Loss-of-Learning and the Post-COVID Recovery in Low-Income Countries

Buffie, Edward F.; Adam, Christopher S.; Zanna, Luis-Felipe - 2022

We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...

Persistent link: https://www.econbiz.de/10013295135

Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets

Buffie, Edward F. - 2020

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … mixes of investment in human capital and infrastructure. We show that investment in human capital is much more effective …

Persistent link: https://www.econbiz.de/10012828060

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa

Lopes, Paulo - 2021

Poverty and inequality in Sub-Saharan Africa (SSA) should not be ascertained only on the basis of scarce and unreliable income distribution statistics, but should also take into account social conditions. Recent, widely disseminated claims that poverty and inequality have increased over the past...

Persistent link: https://www.econbiz.de/10013318076

Djibouti's Quest for Inclusive Growth

Kireev, Aleksej P. - 2018

authorities in three critical reform areas: translating the investment boom into strong and inclusive growth to reduce poverty and …

Persistent link: https://www.econbiz.de/10012929940

When is Growth Pro-Poor? Cross-Country Evidence

Kraay, Aart - 2006

Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a poverty-reducing pattern of growth in relative incomes. I...

Persistent link: https://www.econbiz.de/10012783215

A Quality of Growth Index for Developing Countries : A Proposal

Mlachila, Montfort - 2014

This paper proposes a new quality of growth index (QGI) for developing countries. The index encompasses both the intrinsic nature and social dimensions of growth, and is computed for over 90 countries for the period 1990-2011. The approach is premised on the fact that not all growth is created...

Persistent link: https://www.econbiz.de/10013045938

IMF-Supported Programs in Low Income Countries : Economic Impact Over the Short and Longer Term

Mumssen, Christian - 2014

This paper studies the short and longer-term impact of IMF engagement in Low-Income Countries (LICs) over nearly three decades. In contrast to earlier studies, we focus on a sample composed exclusively of LICs and disentangle the different effects of IMF longer-term engagement and short-term...

Persistent link: https://www.econbiz.de/10013054693

Inflation and Monetary Policy in a Low-Income and Fragile State : The Case of Guinea

Carrière-Swallow, Yan; Koumtingué, Nelnan Fidèle; … - 2023

Inflation in low-income countries is often high and volatile, driven by external shocks. In addition, inflation in fragile states is affected by highly volatile domestic factors that complicate monetary policy’s ability to deliver price stability. We estimate the drivers of inflation in Guinea...

Persistent link: https://www.econbiz.de/10014355052

Do IMF Programs Stimulate Private Sector Investment?

Bomprezzi, Pietro; Marchesi, Silvia; Turk Ariss, Rima - 2022

of firm investment and its growth, and we also document the presence of two financial channels; the degree of firms … ownership data, we find that private investments are stimulated more for domestic firms. The presence of a private investment …

Persistent link: https://www.econbiz.de/10014079012

Capital Inflows, Financial Development, and Domestic Investment : Determinants and Inter-Relationships

Luca, Oana - 2012

We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment … macroeconomic policy. Both private capital inflows and domestic credit exert a positive effect on investment; they also mediate most … of the investment impact of the global price of risk and domestic borrowing costs. Surprisingly, neither greater domestic …

Persistent link: https://www.econbiz.de/10013102284