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Small Developing States (SDS) face substantial challenges in achieving sustainable development. Many of these challenges relate to the small size and limited diversification of their economies. SDS are also among the most vulnerable countries to the impact of climate change and natural...
Persistent link: https://www.econbiz.de/10012518849
Climate change is a major threat to the sustainability and inclusiveness of our societies, and to the planet's habitability. A just transition to a low-carbon economy is the only viable way forward. This paper reviews the climate change challenge. It stresses the criticality of systems changes...
Persistent link: https://www.econbiz.de/10012612346
Green debt markets are rapidly growing while product design and standards are evolving. Many policymakers and investors view green debt as an important component in the policy mix to achieve the transition to a low carbon economy and ensure the pricing of climate risks. Our analysis contributes...
Persistent link: https://www.econbiz.de/10012605577
This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation model to determine the optimal set of fiscal rules. The empirical analysis shows that fiscal policy in Belize has been significantly procyclical and unsustainable much of the...
Persistent link: https://www.econbiz.de/10012154706
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...
Persistent link: https://www.econbiz.de/10011436763
Lagging labor reallocations outside agriculture amid sustained low agricultural productivity have been a key feature in … the Philippines over the past 15 years. An analysis of the labor adjustments in and out of agriculture shows that a … from agriculture, whilst the lack of post-primary education and the presence of agricultural clusters hinder such outflows …
Persistent link: https://www.econbiz.de/10012796816
A large share of cross-country differences in productivity is explained by differences in agricultural productivity. Using a combination of sub-national agricultural statistics and geospatial datasets on crop-specific potential yields, we study the main drivers of this variation from a...
Persistent link: https://www.econbiz.de/10012103617
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to understand sources of cross-country variations in agricultural TFP levels and its growth rates. Two factors affecting agricultural TFP are analyzed in detail - imported...
Persistent link: https://www.econbiz.de/10012009267
A key feature of developing economies is that wages in agriculture are significantly below those of other sectors … speaks against the existence of large short-term gains from reallocating workers out of agriculture and favors recently … gap level observed and its decline as the economy transitioned out of agriculture …
Persistent link: https://www.econbiz.de/10011781284
alternative avenue to escape low-paid jobs in agriculture, but the increase in per capita income is lower than male …
Persistent link: https://www.econbiz.de/10011711532