Showing 1 - 10 of 201
The paper considers gains from international economic policy coordination when there is uncertainty concerning the functioning of the world economy, but also learning about the “true” model on the part of policymakers. The paper reports estimates of plausible alternative versions of a...
Persistent link: https://www.econbiz.de/10014395854
consumption patterns. Data for six industrialized countries are used to estimate a simple model incorporating liquidity …
Persistent link: https://www.econbiz.de/10014396051
are presented here. It is shown that the relationship between expected dependency rates and consumption growth depends on … two parameters: the demographically varying committed consumption and the intertemporal elasticity of substitution. Thus …, the expected path of demographic variables can provide information on the consumers’ willingness to smooth consumption …
Persistent link: https://www.econbiz.de/10014395881
assess the interest rate risk carried by a sample of Indian banks in March 2002. We find evidence of substantial exposure to …
Persistent link: https://www.econbiz.de/10014404135
This paper surveys that state of fiscal transparency in the wake of the current crisis and looks at what can be done to improve it. It examines the relationship between fiscal transparency and fiscal outcomes; reviews progress in promoting greater fiscal transparency over the past decade; considers...
Persistent link: https://www.econbiz.de/10014410215
The rapid recovery in many low-income countries (LICs) following the global crisis has been sustained in 2012. Softening commodity prices have led to moderating inflation pressures in most LICs. However, progress in rebuilding policy buffers has halted over the past two years, despite continued...
Persistent link: https://www.econbiz.de/10014410327
An assessment of vulnerabilities and risks in LICs remains important both for LICs themselves and for the international community. There are currently 74 LICs, eligible for concessional financing from the Fund. This group of countries has a total population of about 1.3 billion, with an average...
Persistent link: https://www.econbiz.de/10014410548
This document presents a profile of poverty, and indicates briefly the stakes and challenges involved, using available quantitative and qualitative data to specify the targeted objectives to be reached. Actions to be taken are then positioned within a macroeconomic framework for which short- and...
Persistent link: https://www.econbiz.de/10011243371
This paper focuses on the Poverty Reduction Strategy Paper (PRSP) for the Democratic Republic of São Tomé and Príncipe. The National Poverty Reduction Strategy Paper represents the result of analyses of the country’s current situation as well as a set of proposals designed to rout the...
Persistent link: https://www.econbiz.de/10005599089
Poverty and unemployment remained high in Botswana. The shortcomings of the labor market policies are responsible for a high unemployment rate. This selected issues paper sheds considerable light on ways that Botswana can enhance inclusive growth and reduce the high level of structural...
Persistent link: https://www.econbiz.de/10011243905