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By international standards, and given its relatively low per capita income, Vietnam has achieved substantial reductions … inequalities in child survival are evident in Vietnam-a change from the early 1990s when none were apparent. The authors develop … progress among the poor will jeopardize Vietnam's chances of achieving the international development goals for child mortality …
Persistent link: https://www.econbiz.de/10012559592
Vietnam grew rapidly in the 1990s, and yet by many measures it has poor economic institutions. Dollar seeks to explain … this apparent anomaly. Between the 1980s and 1990s Vietnam carried out significant economic reforms, notably stabilization …. Relating these changes to the empirical growth literature, the author finds that Vietnam's growth acceleration is about what …
Persistent link: https://www.econbiz.de/10012559599
The Islamic Republic of Iran has committed itself to substantial trade and market reform in its Third Five-Year Development Plan. It started out with nontariff barriers on all products, a dual exchange rate regime with the market rate more than four times the official rate, and domestic energy...
Persistent link: https://www.econbiz.de/10012559529
This paper uses a three-round 4,000-household panel from Andhra Pradesh together with administrative data to explore short and medium-term poverty and welfare effects of the National Rural Employment Guarantee Scheme. Triple difference estimates suggest that participants significantly increase...
Persistent link: https://www.econbiz.de/10012560147
Trade does not stimulate growth in economies with excessive business and labor regulations. The authors examine the effect of openness on growth using cross-country regressions in both levels and changes. Results from the levels regressions imply that increased openness is associated with a...
Persistent link: https://www.econbiz.de/10012559662
Who benefits from public spending? Who bears the burden of taxation? How desirable is the distribution of net benefits from the operation of a tax-benefit system? This paper surveys basic concepts, methods, and modeling approaches commonly used to address these issues in the context of fiscal...
Persistent link: https://www.econbiz.de/10012552377
This paper proposes a sovereign asset and liability management framework for analyzing the inter-relationships between debt management, fiscal and monetary policies. It illustrates the consequences of uncoordinated policy mix and extends Sargent and Wallace (1981 and 1993) by including debt...
Persistent link: https://www.econbiz.de/10012552815
The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems...
Persistent link: https://www.econbiz.de/10012552258
Solvency is an intertemporal concept, relating to the present value of revenues and expenditures, and encompassing both assets and liabilities. But the standard practice among policy makers, financial market participants and international financial institutions is to assess the strength of the...
Persistent link: https://www.econbiz.de/10012552830
political economy process, where legitimate social goals are mixed with the objectives of particular interest groups. Whatever …
Persistent link: https://www.econbiz.de/10012553937