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of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the … differences in saving and investment propensities …
Persistent link: https://www.econbiz.de/10014396181
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
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 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
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working …
Persistent link: https://www.econbiz.de/10014395953
Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …
Persistent link: https://www.econbiz.de/10014408616
Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical … growth models for developing countries typically make no distinction between the private and public components of investment … public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries …
Persistent link: https://www.econbiz.de/10014396368
growth-accounting framework are outlined. The main constraints to growth and private investment and current policy initiative … to promote broad-based growth and private investment are analyzed. The various methods employed suggest that there is …
Persistent link: https://www.econbiz.de/10014405058
This First Review Under the Policy Support Instrument (PSI) for Nigeria reports that structural reforms are proceeding in line with the National Economic Empowerment and Development Strategy. The authorities’ commitments under the PSI primary objectives of the economic reform program...
Persistent link: https://www.econbiz.de/10011244206