Showing 1 - 10 of 16
Analyses of debt relief that focus on the behavior of debtors and existing creditors understate the incentives for collective action by creditors. It is well known that debt relief could benefit existing creditors by providing incentives for domestic investment by residents of debtor countries....
Persistent link: https://www.econbiz.de/10014396061
profitability and cost and revenue efficiency of the banking sector are evaluated. The revenue performance of all banks, and …
Persistent link: https://www.econbiz.de/10014400681
or may not improve economic efficiency …
Persistent link: https://www.econbiz.de/10014400822
-run economic growth (G-20, 2014).2 However, the economic and social impact of public investment crucially depends on its efficiency … empirical studies of the determinants of public investment efficiency. This paper explores the link between public investment … management (PIM) institutions and the efficiency of public investment for the G-20 countries. Based on the analysis from a recent …
Persistent link: https://www.econbiz.de/10014408539
investment critically depends on its efficiency. Comparing the value of public capital (input) and measures of infrastructure … percent. The economic dividends from closing this efficiency gap are substantial: the most efficient public investors get …
Persistent link: https://www.econbiz.de/10014408564
This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the dependency of agriculture on rainfalls. In 2004,...
Persistent link: https://www.econbiz.de/10005824903
This Selected Issues Paper focuses on the economic and financial ties between Poland and the euro area and analyzes the associated spillovers. It documents stylized facts about trade, vertical integration, foreign direct investment, and banking system linkages between Poland and core euro area...
Persistent link: https://www.econbiz.de/10011242491
This Selected Issues paper on Bangladesh underlies the export performance of readymade garment industry and inflation dynamics. Bangladesh has demonstrated that it is highly competitive in the world’s major garment markets. Inflation inertia, monetary factors, and exchange rate...
Persistent link: https://www.econbiz.de/10011242789
U.S. shocks explain a large part of French output common components. This paper analyzes the economic implications of two alternative welfare financing reforms: a reduction in payroll taxes funded by an increase in consumption taxes, and the other funded by a new levy on business value added....
Persistent link: https://www.econbiz.de/10011243264
El Salvador has made major strides on several fronts since the peace accords of 1992. The near-term outlook has strengthened, although challenges remain. The authorities are intended to limit tax exemptions and subsidies, and raise priority of banking reforms this year. Discussions focused on...
Persistent link: https://www.econbiz.de/10011243613