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[Introduction ...] This paper aims to draw out useful lessons from PSNP’s policy framework and design, but not to evaluate them. While it refers to some evaluations of PSNP, the main interest in this regard is to understand how these evaluations have influenced policy and design changes to the...
Persistent link: https://www.econbiz.de/10010293275
Food insecurity at the household level has become unacceptable in India where the economy is growing at high rates and food sufficiency is already achieved at the macro-level. Food security has always been an important issue in the Indian political economy and was addressed by numerous...
Persistent link: https://www.econbiz.de/10010284612
Created in 1961, Promotion Nationale (PN) is an autonomous public entity in charge of mobilizing an underemployed or unemployed workforce for the implementation of labor-intensive projects, calling upon a simple technology likely to provide employment to unskilled workers. It is one of the major...
Persistent link: https://www.econbiz.de/10003727250
This research is a transaction-cost economic analysis of recently completed transportation projects, informing a comparative evaluation of the institutional change in public contracting from designbidbuild to designbuild project delivery. Designbuild, in which design and construction services...
Persistent link: https://www.econbiz.de/10003806465
This study proposes a simple modification to a Social Accounting Matrix (SAM) in order to analyze the multiplier effects of a new sector. A different input composition, or technology, of the sector makes a conventional analysis of final-demand injections on existing sectors invalid. We show that...
Persistent link: https://www.econbiz.de/10003807706
The Keynesian multiplier effect is reinterpreted and several issues that may have misled assessments of the effect of fiscal spending are discussed. It is shown that even in the textbook Keynesian framework some transfer policy ‘reduces’ aggregate demand and that public works spending may...
Persistent link: https://www.econbiz.de/10003819992
Persistent link: https://www.econbiz.de/10003490735
Although the Keynesian multiplier effect of public works is criticized for lack of a microeconomic foundation, it is still taught in most undergraduate courses and believed to be useful for policy makers. However, it has a serious fallacy even if we accept the consumption function. This note...
Persistent link: https://www.econbiz.de/10003381989
Persistent link: https://www.econbiz.de/10009570966