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trends. We evaluate the implications of climate change for overall growth and development prospects to 2050. We focus on … three impact channels: agriculture, road infrastructure, and hydropower generation while accounting explicitly for the … uncertainty in climate forecasts. We find that climate change is unlikely to substantially slow overall economic growth over the …
Persistent link: https://www.econbiz.de/10010230922
We consider the interplay of climate change impacts, global mitigation policies, and the interests of developing countries to 2050. Focusing on Malawi, Mozambique, and Zambia, we employ a structural approach to biophysical and economic modeling that incorporates climate uncertainty and allows...
Persistent link: https://www.econbiz.de/10011390407
A large informal sector is a challenge for developing countries building up social protection systems. Expanding social safety nets reduces poverty, but financing them can increase the tax burden, potentially reducing availability of formal sector jobs. This paper quantifies impacts on income...
Persistent link: https://www.econbiz.de/10011776419
political economy in a way that engendered growth. Ghana provides a good case for an assessment of this question as it saw … significant aid inflows over the last two and a half decades and also recorded significant growth and poverty reduction. The paper … asserts that aid has impacted positively on growth, in part through the creation of an enabling environment for private sector …
Persistent link: https://www.econbiz.de/10010191181
point decline in average annual real GDP growth rate. The net present value of the potential impact on GDP out to 2050 is …
Persistent link: https://www.econbiz.de/10010511214
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be associated with acute social inequality and deep...
Persistent link: https://www.econbiz.de/10011983951
This paper synthesizes statistical information evidencing the proposition that extractive industries are of great significance in many low- and middle-income developing economies. It examines the scale of the current dependence of low- and middle-income economies on both types of extractive...
Persistent link: https://www.econbiz.de/10011636214
In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to expectations that these industries will contribute very...
Persistent link: https://www.econbiz.de/10011873860
This paper is a sequel to an earlier paper that looked in broad terms at many of the issues that Mozambique faces today in managing its new extractive resources. The paper first describes the investment surge that has already been prompted by new gas discoveries in Mozambique. It then summarizes...
Persistent link: https://www.econbiz.de/10011927737
This study provides an analysis of the aid-private capital flows-growth nexus for Ghana. It is premised on the argument … how aid can be used as to reinforce the country's growth in a way that reduces its chances of being a victim of the 'oil …
Persistent link: https://www.econbiz.de/10009501870