Similar Search Results

Cevik, Serhan - 2022

Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global GDP. But it has also created a number of challenges including environmental degradation, especially in small island countries where the carbon footprint of tourism constitute...

Persistent link: https://www.econbiz.de/10014076818

Waiting for Godot? The Case for Climate Change Adaptation and Mitigation in Small Island States

Cevik, Serhan - 2022

Global warming is the most significant threat to ecosystems and people’s health and living standards, especially in small island states in the Caribbean and elsewhere. This paper contributes to the debate by analyzing different options to scale up climate change mitigation and adaptation. In...

Persistent link: https://www.econbiz.de/10014076817

Building Back Better : How Big are Green Spending Multipliers?

Batini, Nicoletta; Di Serio, Mario; Fragetta, Matteo; … - 2022

This paper provides estimates of output multipliers for spending in clean energy and biodiversity conservation, as well as for spending on non-ecofriendly energy and land use activities. Using a new international dataset, we find that every dollar spent on key carbon-neutral or carbon-sink...

Persistent link: https://www.econbiz.de/10013305683

Expenditure Conditionality in IMF-Supported Programs

Gupta, Sanjeev - 2019

This paper studies the impact of expenditure conditionality in IMF programs on the composition of public spending. A granular dataset on different government expenditure conditions covering 115 countries for the 1992-2016 period is compiled. The results support the view that while conditionality...

Persistent link: https://www.econbiz.de/10012895131

Is Military Spending Converging Across Countries? An Examination of Trends and Key Determinants

Clements, Benedict J. - 2019

This paper studies the evolution of worldwide military spending during 1970-2018. It finds thatmilitary spending in relation to GDP is converging, but into three separate groups of countries. Inthe largest group, responsible for 90 percent of worldwide spending, outlays have remainedstubbornly...

Persistent link: https://www.econbiz.de/10012859871

Mexico Needs a Fiscal Twist : Response to COVID-19 and Beyond

Ahmed Hannan, Swarnali; Honjo, Keiko; Raissi, Mehdi - 2021

Mexico's fiscal response to the pandemic has been modest compared to its peers, reflecting the authorities' desire to not issue new debt for spending. This approach, however, risks a more severe recession and a weaker economic recovery, with further costs in the future. Balancing the need for...

Persistent link: https://www.econbiz.de/10013314839

Monitoring the Climate Impact of Fiscal Policy - Lessons from Tracking the Covid-19 Response

Eltokhy, Khaled; Funke, Katja; Huang, Guohua; Kim, Yujin; … - 2022

In the wake of the COVID-19 crisis, governments around the world announced unprecedented fiscal packages to address the economic impact of the crisis. The unusually large scale of the packages was accompanied by widespread calls for “greening” them to meet the dual goals of economic recovery...

Persistent link: https://www.econbiz.de/10013299319

Gender Budgeting in G20 Countries

Curristine, Teresa; Tchelishvili, Nino; … - 2022

Achieving gender equality remains a significant challenge, that has only deepened with the on-set of the COVID-19 … pandemic. Gender budgeting (GB) can help promote gender equality by applying a gender perspective to fiscal policies and the … and data gathered from an IMF survey. All G20 countries have enacted gender focused fiscal policies but the public …

Persistent link: https://www.econbiz.de/10013298745

Innovate to Lead or Innovate to Prevail : When Do Monopolistic Rents Induce Growth?

Piazza, Roberto - 2020

This paper extends the Schumpeterian model of creative destruction by allowing followers' cost of innovation to …

Persistent link: https://www.econbiz.de/10012843497

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) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector....

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