Showing 1 - 10 of 14
Despite Mexico’s recent remarkable progress in adjusting its fiscal and external accounts and in restructuring its … economy, the recovery of growth has remained elusive. This paper reviews some aspects of Mexico’s recent performance and … among the factors that have contributed most to delaying the private sector’s investment response and preventing a …
Persistent link: https://www.econbiz.de/10014396459
This Selected Issues paper analyzes the global crisis and potential growth in Mexico. The paper uses two methodologies … to assess to what extent the global crisis is likely to weigh on Mexico’s growth potential. The first approach is …
Persistent link: https://www.econbiz.de/10014406628
Strong fundamentals and a policy track record helped Mexico to withstand the fallout from the global crisis and aided … rate regime has helped Mexico. The long-term challenges include declining oil reserves relative to GDP and population aging …. Advancing structural reforms to increase productivity and promote investment will help in increasing the growth potential …
Persistent link: https://www.econbiz.de/10014398505
This Selected Issues paper on Sri Lanka underlies the dynamics of growth and external competitiveness. The slowdown in the contribution of sectors that are labor intensive, together with faster growth in sectors that are capital intensive and have higher productivity levels, resulted in total...
Persistent link: https://www.econbiz.de/10014405932
This Selected Issues paper on Sri Lanka provides background information on economic developments and on selected policy issues facing Sri Lanka. The main economic developments in 1996 and the first quarter of 1997 are discussed. The paper highlights that in 1996, a severe drought, power...
Persistent link: https://www.econbiz.de/10014397341
deteriorated on a number of fronts—inflation has risen; investment and growth have slowed; and the external current account deficit … is large while foreign investment flows have fallen significantly. The influence of various factors on Sri Lanka’s longer …-term growth performance is discussed. The implications of structural reforms for investment and growth are also examined …
Persistent link: https://www.econbiz.de/10014398446
This paper attempts to assess the impact of the oil shock on South Asian economies, including Sri Lanka, as well as policy responses to deal with the shock, and the real income loss for low-income households if fuel subsidies were fully removed. The most important impact has been on the balance...
Persistent link: https://www.econbiz.de/10014405087
Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will belarger than that of the United States. This pamphlet analyzes the reasonsfor the...
Persistent link: https://www.econbiz.de/10014403126
This Selected Issues paper on the Kingdom of Lesotho reviews the broad objectives and key institutional features of the Common Monetary Area (CMA) relating to currency arrangements. The CMA Agreement provides for the three small member countries to have access to South African capital and money...
Persistent link: https://www.econbiz.de/10014405576
This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital acquisition. We use the standard system GMM approach as well as...
Persistent link: https://www.econbiz.de/10014396933