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This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10012690573
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10010959467
The public debt profile has improved in Bolivia in recent years, with regard to both the maturity structure and the … currency composition. This paper analyzes changes in the public debt profile in Bolivia since 2000, and the role played by … incompleteness. We also compare the debt profile of Bolivia with those of other countries in Latin America, and find that there is …
Persistent link: https://www.econbiz.de/10014409036
the possibility of a new case of "Dutch disease." While Bolivia's economy has already seen many benefits from its higher …
Persistent link: https://www.econbiz.de/10014409037
the possibility of a new case of "Dutch disease." While Bolivia's economy has already seen many benefits from its higher …
Persistent link: https://www.econbiz.de/10012685001
Intro -- Contents -- I. INTRODUCTION -- II. MAGNITUDE, FINANCING, AND DISTRIBUTION OF CONSUMER SUBSIDIES -- III. COUNTRY CASE STUDIES -- IV. CONCLUDING REMARKS -- APPENDIX I. IDENTIFYING MAGNITUDE AND FINANCING OF FUEL SUBSIDIES -- APPENDIX II. EVALUATING SIZE AND DISTRIBUTION OF REAL INCOME...
Persistent link: https://www.econbiz.de/10012691148
and a stylized theoretical model. Analyzing macro level data for two subsidy removal events in Mexico and Bolivia in the …
Persistent link: https://www.econbiz.de/10015328329
used to estimate fiscal multipliers by policy instrument for Bolivia, to evaluate possible adjustments in a fiscal …
Persistent link: https://www.econbiz.de/10015058920
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin. We find that in addition to institutional and...
Persistent link: https://www.econbiz.de/10014409029
This paper assesses the implications of the use of oil revenue for public investment on growth and fiscal sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to analyze the effects of such investment on growth and on the path of key fiscal indicators, such as...
Persistent link: https://www.econbiz.de/10014409427