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In several countries temporary terms of trade improvements have led to a deterioration of the current account. Furthermore, many of these countries failed to attain greater post-boom growth rates. The point we make is that the structure of the fiscal process is critical in determining outcomes....
Persistent link: https://www.econbiz.de/10013237941
The study of autocracies and weakly institutionalized countries is plagued by scarcity of information about the relative strength of different players within the political system. This paper presents novel data on the composition of government coalitions in a sample of fifteen post-colonial...
Persistent link: https://www.econbiz.de/10013100130
Nigeria, i.e., railways there had a social rate of return of around 100%. Contrary to the conventional wisdom, railways appear …
Persistent link: https://www.econbiz.de/10013072572
We study resource allocation within households in Côte d'Ivoire. In Côte d'Ivoire, as in much of Africa, husbands and wives farm separate plots, and there is some specialization by gender in the crops that are grown. These different crops are differentially sensitive to particular kinds of...
Persistent link: https://www.econbiz.de/10013242938
policy -- as reflected for instance in the rate of inflation and the budget deficit -- in determining growth. This paper … macroeconomic policy choices, including the budget deficit, the exchange rate system, and those choices that determine the inflation …
Persistent link: https://www.econbiz.de/10013247273
This paper presents evidence on whether multinationals are flocking to developing country 'pollution havens'. Although we find some evidence that foreign investors locate in sectors with high levels of air pollution, the evidence is weak at best. We then examine whether foreign firms pollute...
Persistent link: https://www.econbiz.de/10013233217
Firm- and plant-level empirical studies typically find that trade liberalization squeezes price-cost margins among import-competing firms, that this heightened competitive pressure induces productivity gains among these same firms, and that further efficiency gains come from market share...
Persistent link: https://www.econbiz.de/10013213407
This paper is broadly concerned with the living standards of older people in two contrasting developing countries, Cote d'Ivoire and Thailand. We use a series of household surveys from these two countries to present evidence on factors affecting the living standards of the elderly: living...
Persistent link: https://www.econbiz.de/10012776931
Bangladesh, Chile, Ghana, Kenya, Mexico, Nigeria and Sri Lanka. We show that variation in business practices explains as much of …
Persistent link: https://www.econbiz.de/10013016653
High and persistent inflation has been one of the distinguishing macroeconomic characteristics of many developing … countries since the end of World War II. Countries afflicted by chronic inflation, however, have not taken their fate lightly … to inflation stabilization policies and balance of payment crises in developing countries …
Persistent link: https://www.econbiz.de/10013224932