We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling … sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public …

This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and … uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role … does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging …

general equilibrium (DSGE) model of the world economy, featuring a range of nominal and real rigidities, extensive … varying degrees depending on the structural characteristics of the economy. The framework is applied empirically to four small …

-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy …

. The basic framework considers an economy with a large informal production sector and a heterogeneous work force. The labor … improves competitiveness, and expands the formal sector at the expense of the informal sector. Hence, in a two-sector economy …