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Driving infrastructure development, notably mobilizing financial resources for infrastructure projects, has been challenging in many countries. This study includes two parts: an empirical analysis of macroeconomic risks associated with infrastructure booms, and a case study of four emerging...
Persistent link: https://www.econbiz.de/10014398382
Persistent link: https://www.econbiz.de/10009423185
efficiency, and hindering domestic integration and export performance. This paper assesses the state of Brazil's infrastructure …, in light of past investment trends and various quality and quantity indicators. Brazil's infrastructure stock and its …
Persistent link: https://www.econbiz.de/10011373918
This paper presents the first assessment domestic market integration in Brazil using the law of one price. The law of … one price is tested using two panel unit root methodologies and a unique data set comprising price indices for 51 products … for other countries, price convergence occurs very slowly in Brazil, suggesting relatively limited domestic market …
Persistent link: https://www.econbiz.de/10011373995
This paper assesses the effect of constrained trade finance on trade flows in countries undergoing financial and balance of payments crises. Most of the countries that had a major crisis had a significant trade contraction, while trade-related finance declined sharply. However, trade may also be...
Persistent link: https://www.econbiz.de/10014404046
We propose a dynamic production function of population health and mortality from birth onwards. Our parsimonious model provides an excellent fit for the mortality and survival curves for both primate and human populations since 1816. The model sheds light on the dynamics behind many phenomena...
Persistent link: https://www.econbiz.de/10012518293
This paper examines the relationship between health aid and infant mortality, using data from 118 countries between 1973 and 2004. Health aid has a statistically significant effect on infant mortality: doubling per capita health aid is associated with a 2 percent reduction in the infant...
Persistent link: https://www.econbiz.de/10014400904
Senegal's fiscal deficit and public debt have been on the rise in recent years owing partly to an ailing and inefficient oil-based energy sector. In this paper we use a two-sector, open-economy, dynamic general equilibrium model to investigate the effects of varying fiscal policy instruments one...
Persistent link: https://www.econbiz.de/10014411199
There is a role for Asia’s financial sector to play to address the challenges associated with the region’s changing demographics and infrastructure investment needs. Enhancing financial innovation and integration in the region could facilitate intra-regional financial flows and mobilize...
Persistent link: https://www.econbiz.de/10014411491
Mozambique has great potential in natural gas reserves and if liquefied/commercialized the sum of taxes and other fiscal revenue from natural gas will, at its peak, reach roughly one third of total fiscal revenue. Recent developments in the natural resource sector have triggered a fresh round of...
Persistent link: https://www.econbiz.de/10014394435