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This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an … Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the … GDP that is long term fro-zen up by social transfers (using the highly aggregated GINI coefficient). Social factors …
Persistent link: https://www.econbiz.de/10011259539
The 2008-09 global economic crises have shown that no country is immune to external challenges. When policy controls are missing or not used efficiently, crises can reverse progress even in advanced economies. This unexpected outcome has increased concerns about the ability of governments in...
Persistent link: https://www.econbiz.de/10010829327
This paper discusses Mali’s 2005 Article IV Consultation and Second and Third Reviews Under the Poverty Reduction and Growth Facility (PRGF). The PRGF-supported program is broadly on track. Performance on quantitative aspects remains strong. Although the record on the structural program...
Persistent link: https://www.econbiz.de/10005768646
A sound fiscal stance has been the bedrock for Tanzania’s macroeconomic stability in recent years. Impressive increases in government revenues, together with substantial donor support, allowed for strong increases in government spending, without excessive recourse to domestic borrowing...
Persistent link: https://www.econbiz.de/10011243815
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account …
Persistent link: https://www.econbiz.de/10011245903
accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming …
Persistent link: https://www.econbiz.de/10005768868
reprioritization, one of the modalities for realizing fiscal space for health. Theory and cross-country empirical analyses do not … provide clear, cut explanations for the observed variations in government prioritization of health. Standard economic theory …
Persistent link: https://www.econbiz.de/10010754596
cuts would result in cumulative real GDP that is much larger than otherwise. …
Persistent link: https://www.econbiz.de/10005768996
estimated to have widened to some 4¼ percent of GDP in the first half of 2004. A gradual, but sustained recovery is expected …, with GDP growth projected at 2.7 percent in 2005—again based on the strength of domestic demand, with a continued …
Persistent link: https://www.econbiz.de/10005598877
demand, pushed real GDP up 6 percent in 2006. Fiscal policy has thus far been prudent. This good overall picture reflects a …
Persistent link: https://www.econbiz.de/10011242692