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During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of wage and productivity gaps in the U.S. from 1800 to 2000. We build a quantitative general...
Persistent link: https://www.econbiz.de/10005599726
In most developing countries, poverty is more widespread and severe in rural than in urban areas. The author reviews … some important aspects of rural poverty and draws key implications for public policy. He presents a policy framework for … reducing poverty, taking into account the functional differences and overlap between the rural poor. Several policy options are …
Persistent link: https://www.econbiz.de/10005605040
Natural disaster risk is emerging as an increasingly important constraint on economic development and poverty reduction …
Persistent link: https://www.econbiz.de/10005825906
This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMF’s role in assisting countries coping with natural catastrophes. Focusing on seven country cases, the paper describes the emergency financing, policy support, and technical assistance...
Persistent link: https://www.econbiz.de/10011242390
The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance. Executive Directors commended the authorities for quickly restoring basic government functions and maintaining sound policies during the crisis. Directors welcomed the...
Persistent link: https://www.econbiz.de/10011242533
The fiscal impact of these policies will be significant, but donor support, improved revenue, and budget reallocations will contain domestic financing. The authorities have introduced several policies in response to the disasters. IMF staff supports the authorities’ request for a purchase...
Persistent link: https://www.econbiz.de/10011242621
The Executive Board of the IMF has approved a disbursement of an amount equivalent to SDR 2.075 million under the Rapid Credit Facility for St. Vincent and the Grenadines to help the country manage the economic impact of Hurricane Tomas. The Board’s approval enables the immediate...
Persistent link: https://www.econbiz.de/10011243450
The Executive Board of the IMF on July 25, 2011, has approved a disbursement of an amount equivalent to SDR 1.245 million under the Rapid Credit Facility (RCF) for St. Vincent and the Grenadines to help the country meet the urgent balance-of-payments need caused by torrential rains, flooding,...
Persistent link: https://www.econbiz.de/10011243473
This paper presents Haiti’s Sixth Review under the Extended Credit Facility and request for Waiver of Performance Criterion, and Augmentation of Access. Manufacturing activity would be hit the most, as the largest enterprises, including the important export textile sector, have been...
Persistent link: https://www.econbiz.de/10011244864
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper develops an analytical...
Persistent link: https://www.econbiz.de/10010790295