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The Quality of Fiscal Adjustment and the Long-Run Growth Impact of Fiscal Policy in Brazil
Blanco, Fernando; Herrera, Santiago - 2012
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
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Infrastructure for Growth and Human Development in Pakistan : A Simulation Analysis of Fiscal Policy Options
Kinnunen, Jouko; Lofgren, Hans - 2013
final high-growth scenario explores requirements and consequences for Pakistan's economy if, during the period 2013-2022, it …
Persistent link: https://www.econbiz.de/10012560158
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Poverty and Survival Prospects of Vietnamese Children under Doi Moi
Wagstaff, Adam; Nguyen, Nga Nguyet - 2013
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
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Trade, Foreign Exchange, and Energy Policies in the Islamic Republic of Iran : Reform Agenda, Economic Implications, and Impact on the Poor
Jensen, Jesper; Tarr, David - 2013
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
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Welfare and Poverty Impacts of India's National Rural Employment Guarantee Scheme : Evidence from Andhra Pradesh
Deininger, Klaus; Liu, Yanyan - 2013
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
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Trade, Regulations, and Growth
Bolaky, Bineswaree; Freund, Caroline - 2013
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
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Assessing the Redistributive Effect of Fiscal Policy
Essama-Nssah, B. - 2012
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
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Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro and Financial Policies
Demirg????-Kunt, Asli; Serv??n, Luis - 2012
The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many...
Persistent link: https://www.econbiz.de/10012551737
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Coordinating Public Debt Management with Fiscal and Monetary Policies : An Analytical Framework
Togo, Eriko - 2012
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
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Latvia's Macroeconomic Options in the Medium Term : Fiscal and Monetary Challenges of EU Membership
Monga, Celestin - 2013
Latvia's experience over the past decade shows that economic growth and real convergence can no longer be assumed to be exogenously driven processes determined by given technological improvements and relatively higher factor returns. Instead, it is an endogenously driven process led by many...
Persistent link: https://www.econbiz.de/10012559719