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Infrastructure for Growth and Human Development in Pakistan : A Simulation Analysis of Fiscal Policy Options
Kinnunen, Jouko - 2017
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/10012974067
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Fiscal Policy and Debt Dynamics in Developing Countries
Ilzetzki, Ethan - 2017
Using a new tax database for 28 countries and a variety of econometric methods, this paper contributes to the debate on the effects of fiscal policy on economic activity in a number of ways. The analysis finds that tax cuts have a stimulative effect on economic growth in developing countries....
Persistent link: https://www.econbiz.de/10012975998
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The Quality of Fiscal Adjustment and the Long-Run Growth Impact of Fiscal Policy in Brazil
Blanco, Fernando - 2016
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/10012747922
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Why Some Countries Can Escape the Fiscal Pro-Cyclicality Trap and Others Cannot?
Herrera, Santiago - 2019
, 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/10012865086
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A Gem for Streamlined Dynamic CGE Analysis : Structure, Interface, Data, and Macro Application
Cicowiez, Martin - 2018
This paper provides an overview, macro application, and detailed documentation of GEM-Core, a dynamic computable general equilibrium (CGE) model designed for medium- and long-run policy analysis. GEM stands for General Equilibrium Model. GEM-Core can address the issues that typically are...
Persistent link: https://www.econbiz.de/10012931657
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Labor Market Regulations : What Do We Know About Their Impacts in Developing Countries?
Betcherman, Gordon - 2017
Labor market regulation is a high-profile, and often contentious, area of public policy. Although these regulations have been studied most extensively in developed countries, there is a growing body of literature on their effects in developing countries. This paper reviews that literature and...
Persistent link: https://www.econbiz.de/10012973371
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Latin American Growth : A Trade Perspective
de la Torre, Augusto - 2019
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
Persistent link: https://www.econbiz.de/10012865507
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International Trade and Inclusive Growth : A Primer for Busy Policy Analysts
Lederman, Daniel - 2017
This note provides two analytical frameworks for understanding the role of trade in promoting inclusive growth in developing economies. A working definition of inclusive growth focuses on long-term, sustained growth associated with productivity growth and employment opportunities for broad...
Persistent link: https://www.econbiz.de/10012975604
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Constraints to Growth and Job Creation in Low-Income Commonwealth of Independent States Countries
Verme, Paolo - 2016
Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as jobless growth. The author addresses the causes of this phenomenon...
Persistent link: https://www.econbiz.de/10012748041
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A Regime-Based Effect of Fiscal Policy : Evidence from an Emerging Economy
Bouzid, Bechir Naier - 2017
In recent years, few authors have attempted to address the question of whether the state of the economy influences the … impact of fiscal policy on the economy. Key findings have often indicated that expansionary fiscal intervention tends to be … more effective when the economy is in a downturn. This favorable impact is more pronounced with an increase in government …
Persistent link: https://www.econbiz.de/10012942459