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This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that need to be considered when preparing a long term macroeconomic projection for a country involving the assumption of a significant increase in aid. Such scaling-up scenarios are...
Persistent link: https://www.econbiz.de/10014404188
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 …
Persistent link: https://www.econbiz.de/10011716457
-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy …
Persistent link: https://www.econbiz.de/10012103638
support of potential growth. The latter is particularly effective in reshaping the supply side of the economy in a manner that …
Persistent link: https://www.econbiz.de/10014471098
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 …
Persistent link: https://www.econbiz.de/10013170322
Persistent link: https://www.econbiz.de/10014306115
framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor …
Persistent link: https://www.econbiz.de/10014396485
Policymakers, faced with different options for replacing lost earnings, have had limited evidence to inform their decisions. The current economic crisis has highlighted the need for data that are local and timely so that different fiscal policy options on local economies can be more immediately...
Persistent link: https://www.econbiz.de/10012826133
. 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 …
Persistent link: https://www.econbiz.de/10013308614
Persistent link: https://www.econbiz.de/10003761412