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Samoa currently faces two important public policy challenges in the health sector. One is to stem, and then reverse, the rapid rise of non-communicable diseases (NCDs). The second challenge is to put the country on a health-financing path that is effective, efficient, and financially affordable...
Persistent link: https://www.econbiz.de/10010932945
This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...
Persistent link: https://www.econbiz.de/10005106885
for the extent to which health is prioritized by governments. World Health Organization (WHO) data estimate that, in 2011 …
Persistent link: https://www.econbiz.de/10010754596
Global recovery remains below expectations and uneven across major advanced economies. Monetary tightening in a recovering US economy and potential deflation in a weak Eurozone constitute sources of risk for developing and emerging market economies. Nonetheless, developing country growth remains...
Persistent link: https://www.econbiz.de/10010937835
There is widespread consensus among economists that high inflation is often caused by the government's need to raise … follow a Laffer curve, where seignorage first rises and them falls with higher inflation. If so, a rate of inflation exists … that maximizes steady-state inflation. Conventional estimates of the seignorage-maximizing rate of inflation often make use …
Persistent link: https://www.econbiz.de/10005128832
monetary targeting, and inflation targeting. Inflation targeting has successfully controlled inflation, with some … promote growth, and does not lead to increased fluctuations in output. But inflation targets do not necessarily reduce the … cost of reducing inflation. The key to success of inflation targeting, is its stress on transparency, and communication …
Persistent link: https://www.econbiz.de/10005129398
In the past 20 years, high and extremely volatile inflation rates in Latin America have generally been associated with … consensus that high inflation is bad for economic development and growth, so it is unclear why governments have adopted unstable … (dec-) accelerating inflation as the cost of collecting information (rises) falls compared with other welfare losses. When …
Persistent link: https://www.econbiz.de/10005133865
the inflation process in both countries. The purpose of this paper is to understand the reasons that led to the large … instability in inflation in both countries, and to explain why neither country succeeded in sustaining a high, but stable rate of … inflation. This instability was not accompanied by a noticeable increase in the average rate of inflation. In Argentina …
Persistent link: https://www.econbiz.de/10005134041
poor are more likely than the rich to mention inflation as a top national concern. This result survives several robustness … percentage decline in poverty, and the percentage change in the real minimum wage - are negatively correlated with inflation in … pooled cross-country samples. High inflation tends to lower the share of the bottom quintile and the real minimum wage - and …
Persistent link: https://www.econbiz.de/10005141569
The authors used the policy game approach to gain insight into a problem that has puzzled analysts of high inflation … economies. Why are programs based on tight fiscal and monetary policies slow at reducing inflation in high inflation countries … to use surprise inflation in a discretionary manner to achieve short term goals ( e.g. eroding the real wage or the real …
Persistent link: https://www.econbiz.de/10004989720