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This paper develops a public education scheme that takes uncertainty aspects of private educational investments … explicitly into account. In the author’s framework, the social merits of public education schemes are related to the lack of … returns of investments in education. The consideration of uncertainty provides a neglected link between educational choice …
Persistent link: https://www.econbiz.de/10014400865
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014398050
This report provides the details of the IMF's projections and estimates on the Republic of Poland's sectoral breakdown of investment; value added by sector; growth and structure of agricultural production, during 1992–98; wages and salaries; private sector employment by sector, during 1993–98;...
Persistent link: https://www.econbiz.de/10014402524
This Joint Advisory Note on the Democratic Republic of the Congo discusses economic growth and employment-creating sectors. The agriculture and mining sectors are projected to continue their expansion, while simultaneously raising labor productivity and freeing up labor. The urban population is...
Persistent link: https://www.econbiz.de/10011243111
Singapore’s recent economic performance has been impressive, underpinned by prudent macroeconomic management. Economic activity remains strong despite a softening in external demand. On the demand side, domestic demand strengthened driven by private consumption and investment while net...
Persistent link: https://www.econbiz.de/10011244591
This Selected Issues and Statistical Appendix paper presents cross-country regression results that identify investment in physical capital and improvements in institutional quality as having the largest pay-off in terms of increased growth. The paper employs three approaches to forecast...
Persistent link: https://www.econbiz.de/10005768431
This paper investigates the determinants of trend growth and total factor productivity (TFP) growth in the Netherlands, and underscores the importance of boosting structural reforms in the Netherlands. It examines the fiscal incentives and tax deductibility. The paper summarizes recent...
Persistent link: https://www.econbiz.de/10011242833
In this study, economic developments of India are discussed. Growth is among the fastest-growing in the world, social indicators are improving, and medium-term economic prospects are favorable. The Reserve Bank of India’s (RBI) efforts are used to tighten monetary conditions. The measures...
Persistent link: https://www.econbiz.de/10011243216
Côte d’Ivoire's government decided on the National Development Plan to give a new impetus to its development policy. This new strategy is based on an ambitious and realistic recovery and development program centered on private and public investment. The institutional monitoring framework for...
Persistent link: https://www.econbiz.de/10011244156
This paper on Senegal’s Poverty Reduction Strategy Paper discusses the economic, social, and environmental performance of policies, the political and institutional environment, and the constraints weighing on its growth as well as the challenges to be addressed. The shortage of basic...
Persistent link: https://www.econbiz.de/10011244228