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The paper presents numerical simulations of various fiscal rules for oil-producing countries. Welfare implications are sensitive to the choice of the social welfare function, initial conditions, and non-oil growth prospects. The distribution of non-oil wealth is important for countries with...
Persistent link: https://www.econbiz.de/10008528606
into a middle-income country. The government's strategy in the short term is aimed at strengthening both agriculture and …
Persistent link: https://www.econbiz.de/10005768611
This paper examines Kenya’s Poverty Reduction Strategy annual progress report. The Investment Program for the Economic Recovery Strategy is Kenya’s medium-term strategy to foster economic growth and reduce poverty. Poverty is defined as the inability to command resources and is a...
Persistent link: https://www.econbiz.de/10011243196
This paper discusses key findings of the Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) for Tanzania. Economic growth, inflation, and the external position have evolved in a manner consistent with program objectives, and the program has...
Persistent link: https://www.econbiz.de/10011244256
The Poverty Reduction Strategy Paper (PRSP) prepared by the Burkinabè government forms the principal benchmark for all development actors, and reaffirms the urgency of attacking poverty from a structural perspective. It is the primary tool for coordination of all interventions and of public aid...
Persistent link: https://www.econbiz.de/10011244817
This Poverty Reduction Strategy Paper (PRSP) was developed based on a long participatory process based on an institutional mechanism involving all socioeconomic development actors in the country. The annual review of the PRSP seeks to assess the results achieved in the implementation of the...
Persistent link: https://www.econbiz.de/10011245136
This paper presents an overview of the National Poverty Reduction Strategy Paper (NPRSP) for Guinea-Bissau. The paper discusses the phenomenon of poverty, its dimensions, extent, and distribution by category and region. It provides a background analysis of developments in poverty based on the...
Persistent link: https://www.econbiz.de/10011245554
Persistent link: https://www.econbiz.de/10011265617
Persistent link: https://www.econbiz.de/10009398466
inflows of external income?the sum of remittances, FDI and general government transfers?from major oil-exporting economies … that real output in the long run is shaped by: (i) oil prices through their impact on external income and in turn on … the hypothesis that a large share of Jordan's output volatility can be associated with fluctuations in net income received …
Persistent link: https://www.econbiz.de/10009401201