Showing 1 - 10 of 147
Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variables in developing countries. We analyze a simple open economy model where increased foreign...
Persistent link: https://www.econbiz.de/10009364008
Counter factual policy simulations of sustained increase in public investment in infrastructure, financed through … infrastructure, which is 0.5% of GDP and 2.7% of total govt. revenue in 2000-03, can accelerate the real macro economic growth by 1 … extent, the steepest decline being for infrastructure price. Further, this increase in income will lead to 0.7% reduction in …
Persistent link: https://www.econbiz.de/10009365461
) infrastructure, which includes power, transport, communication and construction and (d) services sector, covering all other … infrastructure are undertaken to illustrate the usefulness of the model for analyzing the policy options in a simultaneous equations … significant structural shifts in production from agriculture to infrastructure and services in the Indian economy. The estimated …
Persistent link: https://www.econbiz.de/10009365472
international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and … infrastructure make it easier for people to exchange goods and services and to increase income by allowing specialization, economies … constitutes a challenge. However, the answer should not be to eschew opening up the economy or building infrastructure, but to do …
Persistent link: https://www.econbiz.de/10011134362
international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and … infrastructure make it easier for people to exchange goods and services and to increase income by allowing specialization, economies … constitutes a challenge. However, the answer should not be to eschew opening up the economy or building infrastructure, but to do …
Persistent link: https://www.econbiz.de/10011134394
enlarging intra-regional trade is the better connectivity of infrastructure such as roads, ports, airports, and rail links … infrastructure development. While these investments have improved national facilities, East Asian countries will only be well … Infrastructure Investment Fund (EAIIF) is proposed to provide a mechanism to organize this funding and to be a platform for deciding …
Persistent link: https://www.econbiz.de/10009363952
infrastructure to growth; the significance of growth, infrastructure and human development to poverty reduction; the contribution of … different development aspects : the importance of investment, infrastructure and human capital to growth and poverty reduction … investments; providing infrastructure services through private and community involvement; providing for public health care …
Persistent link: https://www.econbiz.de/10009363294
Following the Hausmann, et al. (2005) methodology, we attempt to identify the constraints to growth in Pakistan. We argue that governance failure and institutional shortcomings are the heart of the matter : corruption is rampant, judicial independence is low, educational institutions do not...
Persistent link: https://www.econbiz.de/10009363661
This study is an attempt to investigate the relationship between environmental quality and per capita NSDP (i.e., Environment Kuznets Curve, EKC) of 14 major Indian States in the light of their very high economic growth in the post-liberalisation period. The analysis involves first ranking the...
Persistent link: https://www.econbiz.de/10009365185
New Zealands average income, defined as GDP per capita, is now three quarters that of Australia and even lower than in Australias poorest state, Tasmania. Over the last seven years, New Zealand has grown slightly faster than Australia, but at these rates, it would still take 140 years to close...
Persistent link: https://www.econbiz.de/10009365494