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The COVID-19 pandemic represents an unprecedented global crisis. The task for economic policy is to help keep people alive, enterprises afloat, and households out of poverty. The pandemic has macroeconomic dimensions. First, it affects macroeconomic stability and growth. Second, the tools of...
Persistent link: https://www.econbiz.de/10012228062
experiences of Mozambique and Vietnam - two countries with similar levels and compositions of economic growth but divergent … poverty outcomes. We find that the structure of the Vietnamese economy more naturally lends itself to generating broad … in Vietnam. Inadequate education, trade and transport systems are found to be more severe structural constraints to …
Persistent link: https://www.econbiz.de/10008702829
We study structural transformation and change in the Vietnamese economy using two Social Accounting Matrices (SAMs … an important shift in terms of more economic integration with the global economy. Several analytical approaches are taken … in economic structure, and the results suggest that the Vietnamese economy has become internally more integrated over the …
Persistent link: https://www.econbiz.de/10011547633
reliance on market forces in the allocation of resources and the determination of prices. The shift from an economy completely … roles. Significant strides have been made to further the transition from a centrally planned to a market economy, without …
Persistent link: https://www.econbiz.de/10011913529
Recent work on the relationship between tax structure and economic growth has offered little reliable evidence for developing countries. Yet it is in such countries where the greatest changes in tax structure not only have been seen over the past 30 years but will likely continue to be seen in...
Persistent link: https://www.econbiz.de/10011573226
Researchers have linked sub-Saharan Africa's (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies linkages between gender, economic development,...
Persistent link: https://www.econbiz.de/10010251669
In accounting for the rather gloomy trend of the aid effectiveness literature over the last few years, one explanatory strand has been fiscal, suggesting in particular that aid flows in weak states have tended to erode the taxbase and the structure of institutions. We pursue this idea, tracing...
Persistent link: https://www.econbiz.de/10009508593
This paper provides a synthesis of the four papers on the Latin American and Caribbean economies: Brazil, Chile, Costa Rica, and the Dominican Republic. It focuses on the following themes: macroeconomic stabilization and fiscal challenges, poverty and inequality, and the use of natural resources...
Persistent link: https://www.econbiz.de/10008663075
This paper sets out to provide an introduction to two sets of questions, and to some relevant literature that has tried to answer them. The first set of questions concern what determines growth in low-income countries, and how the answers are conditioned by the history of fiscal policy design...
Persistent link: https://www.econbiz.de/10009611728
This paper employs a cointegrated vector autoregressive model to assess the growth effect of aid in Uganda over the period 1972-2008. Results show that aid in Uganda has had both direct and indirect beneficial association with growth; that it is the productivity and not the stead state level of...
Persistent link: https://www.econbiz.de/10010187179