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transfers. Results are broadly consistent with an open-economy New Keynesian model. At business-cycle frequencies, cross …
Persistent link: https://www.econbiz.de/10012241154
The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...
Persistent link: https://www.econbiz.de/10012553826
, and natural resource dependence. In line with the political economy literature, the perception of corruption, social … management perspective, procyclical bias is still present, but there are significant changes: most of the political economy …
Persistent link: https://www.econbiz.de/10012568590
This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of...
Persistent link: https://www.econbiz.de/10012553869
COVID-19 has caused an unprecedented shock to the global economy. While Vietnam has shown resilience, the pandemic has … back their consumption of several services and commodities, not only for restaurants and travel, but throughout the economy … implementation of a series of fiscal measures. Hopefully the economy will withhold and start to rebound gradually. But it won't be …
Persistent link: https://www.econbiz.de/10012647141
Vietnam has experienced an impressive development transformation. The "Doi moi" course initiated in 1986 has … more than doubled from 2000 to 2014, placing Vietnam amongst the fastest growing developing economies with the most …
Persistent link: https://www.econbiz.de/10012246751
crisis, by encouraging priority reforms in the development of a digital economy and the further integration of the Vietnamese … economy in global value chains by taking advantage of the diversification needs by multinationals that may want to go away …
Persistent link: https://www.econbiz.de/10012647139
Globally, Vietnam is among the most open economies with a trade-to-GDP ratio of 190 percent in 2018. Through the … has made remarkable achievements in trade liberalization. Vietnam's major trade partners located in East Asia, North … relations and connectivity initiatives are relevant to Vietnam, including with Southeast Asian neighbors, and South Asia …
Persistent link: https://www.econbiz.de/10012646759
development quest. The sample includes Brazil, India, Vietnam and four African countries-Botswana, Ghana, Nigeria, and Zambia … industrialization only played a significant role in Vietnam …
Persistent link: https://www.econbiz.de/10012246181
Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It analyzes the combined and individual incidence of...
Persistent link: https://www.econbiz.de/10012257124