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-sector employment and have helped raise standards of living. However, the growth model has involved costs: the public-sector wage bill … is relatively high, there is limited employment of nationals in the private sector, labor productivity has declined or …
Persistent link: https://www.econbiz.de/10014410425
Fiscal deficits and the public debt has grown throughout much of the postwar period in most industrialized countries under the pressure of rising public expenditure, a trend that has begun to reverse after 1992. A number of studies argue that fiscal consolidation in association with expenditure...
Persistent link: https://www.econbiz.de/10014407227
This paper discusses tax and expenditure policy reforms to raise employment. Using data for 58 advanced and emerging …. The focus is on incentives to increase labor demand and supply rather than on the impact of fiscal policy on employment … principles which should guide the design of country-specific fiscal reforms to boost employment. A comprehensive set of tables on …
Persistent link: https://www.econbiz.de/10014410536
proposed set of “second-generation” reforms for Africa. In the post-colonial era the quality of governance has seriously …
Persistent link: https://www.econbiz.de/10014401612
Since the mid-1970s the annual inflation rate in Africa has averaged more than 15 percent, with many countries …
Persistent link: https://www.econbiz.de/10014396012
of exchange rate developments under the regimes, some related concerns with respect to urban income and employment …
Persistent link: https://www.econbiz.de/10014396080
Investigates the macroeconomic challenges for low-income countries created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, and then applies this framework to the experience of five relatively well-governed countries that...
Persistent link: https://www.econbiz.de/10014409798
Persistent link: https://www.econbiz.de/10014409872
Macroeconomic performance of Seychelles under the Stand-by Arrangement (SBA) has been favorable and the reforms continue to be pursued with a high degree of ownership and broad public support. The liberalization of the exchange regime, a strong fiscal adjustment, and prudent monetary policies...
Persistent link: https://www.econbiz.de/10014409981