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role. We also find four types of poverty traps, associated with large initial household size, poor initial education, poor …
Persistent link: https://www.econbiz.de/10010261797
swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10014400356
Estimates of a supply-side model of the nonprimary sectors, in which particular attention has been paid to modeling key …
Persistent link: https://www.econbiz.de/10014397190
This paper measures the extent to which South African economic growth is an engine of growth in sub-Saharan Africa …. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a … substantial positive impact on growth in the rest of Africa, even after controlling for other growth determinants. The estimates …
Persistent link: https://www.econbiz.de/10014400625
This paper examines the institutional and macroeconomic determinants of stock market development using a panel data of 42 emerging economies for the period 1990 to 2004. The paper finds that macroeconomic factors such as income level, gross domestic investment, banking sector development,...
Persistent link: https://www.econbiz.de/10014401839
This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend … techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap … macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of …
Persistent link: https://www.econbiz.de/10014403846
The purpose of this paper is to examine factors that have constrained South Africa''s growth since the end of apartheid … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … growth in South Africa …
Persistent link: https://www.econbiz.de/10014403913
members pulls many households supporting them into poverty. We also show that the household formation responses draw some …
Persistent link: https://www.econbiz.de/10010262445
of Friedrich Nietzsche, that ties poverty and inequality to unethical behavior of the strong toward the weak. The paper … contributes to an understanding of why poverty and inequality have remained entrenched in some societies in spite of repeated …
Persistent link: https://www.econbiz.de/10014400240
growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0 ….3-1.3 percentage points, relative to the 1.9 percent average since 2010. Such growth would reduce per capita income doubling time from …
Persistent link: https://www.econbiz.de/10012518323