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Impact of Remittanceson Poverty and Financial Development in Sub-Saharan Africa

Gupta, Sanjeev; Pattillo, Catherine A.; Wagh, Smita - International Monetary Fund (IMF) - 2007

effect, and promote financial development. These findings hold even after factoring in the reverse causality between … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …

Persistent link: https://www.econbiz.de/10005826522

Natural Resource Endowments, Governance, and the Domestic Revenueeffort; Evidence From a Panel of Countries

Thornton, John; Bornhorst, Fabian; Gupta, Sanjeev - International Monetary Fund (IMF) - 2008

The recent development literature stresses that countries that receive large revenues from natural resource endowments … typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax … that it is invariant to governance indicators. …

Persistent link: https://www.econbiz.de/10005825627

Efficiency-Adjusted Public Capital and Growth

Gupta, Sanjeev; Kangur, Alvar; Wane, Abdoul Aziz; … - International Monetary Fund (IMF) - 2011

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant contributor to economic growth. Although the estimated coefficient for the income...

Persistent link: https://www.econbiz.de/10009327877

The Macroeconomic Challenges of Scaling Up Aid to Africa

Yang, Yongzheng; Powell, Robert; Gupta, Sanjeev - International Monetary Fund (IMF) - 2005

achieve the Millennium Development Goals (MDGs) with the support of the international donor community. The paper stresses that …

Persistent link: https://www.econbiz.de/10005605181

Now or later? : the political economy of public investment in democracies

Gupta, Sanjeev; Liu, Estelle; Mulas Granados, Carlos - 2015

This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and 2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and...