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Until the early 1990s, the discussions on fiscal policy primarily centered on the functions of economic stabilization, income redistribution and resource allocation. Long-term growth was not usually viewed as an end itself, and fiscal policy was often not sufficiently tailored to the different...
Persistent link: https://www.econbiz.de/10010326589
Vietnam has been following China's path closely and very successfully for the last two decades, since the adoption of … the World Trade Organization (WTO). This paper addresses this question with regard to Vietnam, who joined the WTO at the … beginning of 2007: we study Vietnam's potential for sustainable growth and international integration. We start by briefly …
Persistent link: https://www.econbiz.de/10010273502
Das wirtschaftspolitische Reformprogramm der russischen Föderation für den Zeitraum vom 1. April bis zum 31. Dezember 1992 beinhaltet radikale Systemeingriffe mit schon kurzfristig absehbaren schwerwiegenden Auswirkungen auf Beschäftigung und Realeinkommen. Es ist daher fraglich, ob der...
Persistent link: https://www.econbiz.de/10005055846
Persistent link: https://www.econbiz.de/10013370174
The study is an empirical test of the effects of different categories of government expenditure, revenue and deficits on economic growth in developing countries. It is based on panel data of annual series over the last three decades for 103 countries, which are further classified into...
Persistent link: https://www.econbiz.de/10010279078
We investigate the impact of Chinese activities in sub-Saharan African countries with respect to the growth performance of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2011, we find that African economies that export natural resources have...
Persistent link: https://www.econbiz.de/10011918494
This staff report discusses Seychelles 2013 Article IV Consultation, Seventh Review Under the Extended Arrangement and Request for Modification of Performance Criterion. The repayment of domestic debt, a preference for foreign financing, and shallow domestic financial markets have resulted in...
Persistent link: https://www.econbiz.de/10011242473
the year to May 2013. The outlook for the Uruguayan economy is solid, but risks and challenges remain. …
Persistent link: https://www.econbiz.de/10011242539
relatively unscathed. The resilience of the economy has been strengthened by the adoption of new fiscal rules capping spending …
Persistent link: https://www.econbiz.de/10011242572
This paper discusses 2012 Article IV Consultation of Republic of Uzbekistan. Uzbekistan has been experiencing strong momentum in economic growth supported by sustained public investment and increased prices for commodity exports. The IMF report suggests that it is important to ease the...
Persistent link: https://www.econbiz.de/10011242824