Showing 1 - 10 of 117
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
It is shown that the inefficiencies created by the “soft” budget constraint, enjoyed by enterprises in Eastern Europe and elsewhere, will continue so long as governments are unable credibly to threaten not to bail out loss-makers. Commitment to a “hard” budget constraint can best be...
Persistent link: https://www.econbiz.de/10014396100
This paper considers the implications of the prospective aging of the U.S. population for the social security system and concludes that the large and growing cashflow surpluses of the social security trust funds should be saved to help insulate living stands against this change. A number of...
Persistent link: https://www.econbiz.de/10014396207
The paper surveys the major economic, financial, and administrative issues that confront social security systems in Latin America. The larger systems have contributed substantially to public sector financial disequilibria. Expenditures of the younger systems with more limited coverage could...
Persistent link: https://www.econbiz.de/10014396279
This assessment of the implementation of the BCP in India has been completed as part of the Financial Sector Assessment …
Persistent link: https://www.econbiz.de/10012644888
This Technical Note examines India's securities market and the regulatory system overseeing the securities market and … market participants. It is based upon a mission to Mumbai, India from March 14 - 31, 2017, conducted as one component of a … occurred in India's securities markets since the last assessment and the changes that have occurred in the regulation of this …
Persistent link: https://www.econbiz.de/10012645094
It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial sector reforms in 1992. Using annual data on scheduled commercial banks for the period 1996-2004, the paper evaluates the validity of this claim in the Indian context. The...
Persistent link: https://www.econbiz.de/10014400691
Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms …
Persistent link: https://www.econbiz.de/10014400923
India faces a range of money laundering and terrorist financing risks. India continues to be a target for terrorist … groups and has been the victim of numerous attacks. Based on a threat assessment, it was found that India's major sources for … terrorist financing (FT) were funds/resources from organizations outside India, counterfeiting of currency, and criminal …
Persistent link: https://www.econbiz.de/10014402307
In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve foreign customers by exporting, or by producing abroad. We consider the case of...
Persistent link: https://www.econbiz.de/10014403090