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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...
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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 …
Persistent link: https://www.econbiz.de/10012667557
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 …
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-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy …
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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