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Achieving the Millennium Development Goals in Sub-Saharan Africa : A Macroeconomic Monitoring Framework

Agénor, Pierre-Richard; Bayraktar, Nihal; Moreira, … - 2023

This paper presents a macroeconomic approach to monitoring progress toward achieving the Millennium Development Goals (MDGs) in Sub-Saharan Africa. At the heart of our framework is a macro model which captures key linkages between foreign aid, public investment (disaggregated into education,...

Persistent link: https://econbiz.de/10014253925

Electoral Cycles and Public Spending during the Pandemic

Lokshin, Michael; Rodriguez-Ferrari, Aylén; Torre, Iván - 2022

This paper uses a newly assembled data set on various types of social protection spending in 154 countries during the COVID-19 pandemic in 2020 and 2021 to analyze the effect of the electoral cycle on the size and composition of the social protection stimulus budget. The analysis shows that the...

Persistent link: https://econbiz.de/10014243175

Is Inequality Systematically Underestimated in Sub-Saharan Africa? A Proposal to Overcome the Problem

Clementi, Fabio; Fabiani, Michele; Molini, Vasco; … - 2022

In Africa, evidence on the interactions among poverty, growth, and income distribution presents a puzzle: While growth has been robust in recent decades, the growth elasticity of poverty has remained low. This suggests that inequality has dampened the pro-poor effects of growth. However, when...

Persistent link: https://econbiz.de/10014083382

Does Gender Equality in Labor Participation Bring Real Equality? Evidence From Developed and Developing Countries

Alfani, Federica; Clementi, Fabio; Fabiani, Michele; … - 2021

Over the past two decades developing countries have seen a rapid increase in the number of women taking an active role in the labor market. While acknowledging that this is an important development outcome, this paper cautions against the possible undesired distributional effects that it can...

Persistent link: https://econbiz.de/10013228586

What Does Regional Trade in South Asia Reveal About Future Trade Integration? Some Empirical Evidence

Pitigala, Nihal - 2021

In 1995 the seven South Asian countries - Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka - initiated a multilateral framework for regionwide integration under the South Asian Preferential Trade Agreement (SAPTA). In a recent initiative, members agreed that SAPTA would...

Persistent link: https://econbiz.de/10013310608

Product Market Regulation and Macroeconomic Performance : A Review of Cross Country Evidence

Schiantarelli, Fabio - 2021

The main purpose of this paper is to provide a critical overview of the recent empirical contributions that use cross country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a brief review of the theoretical literature and of...

Persistent link: https://econbiz.de/10013318222

Financing Firms in Hibernation During the COVID-19 Pandemic

Didier, Tatiana - 2020

The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward bankruptcy. This paper provides a unified framework to organize the policy debate related to firm financing during the downturn, centered along four main points. First, the economic...

Persistent link: https://econbiz.de/10012834605

Welfare and Fiscal Implications from Increased Gasoline Prices in the Islamic Republic of Iran

Atamanov, Aziz - 2020

Facing a fiscal crisis, the Islamic Republic of Iran decided to increase gasoline prices at the end of 2019. This paper estimates the impact of the price increase on household welfare and government revenue, using the most recent Household Expenditure and Income Survey conducted by the...

Persistent link: https://econbiz.de/10012834703

Trade Facilitation in Services : Concepts and Empirical Importance

Gillson, Ian - 2020

This paper examines the concept of trade facilitation in services from the perspective of the recent literature on the determinants of services trade. The aim is to conceptualize trade facilitation in this area as a dimension of international integration beyond the baseline restrictiveness of...

Persistent link: https://econbiz.de/10012834704

Trade Facilitation in Services : A Conceptual and Empirical Analysis

Gillson, Ian - 2020

Beyond their key contribution to value chains in all sectors, services represent a centrally important source of economic and export diversification. This paper discusses how to promote trade in services as a channel for growth, employment, and diversification by assessing services trade costs...

Persistent link: https://econbiz.de/10012834705