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incentive constraints on the policy making process, such as lack of credibility, political opportunism, political ideology, and …: it covers credibility issues, political business cycles, and optimal design of monetary institutions. Part II deals with … fiscal policy in a dynamic general equilibrium set up: the main topics here are credibility of tax policy, and political …
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Fulfilling the Export Potential of Small and Medium Firms addresses the question, `How can economic policy contribute to a strong export performance by small and medium enterprises (SMEs) in developing countries?' In today's increasingly integrated world economy, such a performance can make a...
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Policy-makers in Southern Africa are increasingly convinced that regional trade liberalization can improve growth performance and stimulate development throughout the region. To succeed where previous attempts have failed, however, governments must address two key issues. The first of these is...
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