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We examine the issue of technical assistance versus brain drain repatriation as alternative strategies for transferring scarce skills to a skill-poor economy. Technical assistance relies mainly on expatriate skills and labor from the host country, while brain drain repatriation seeks to effect a...
Persistent link: https://www.econbiz.de/10014400864
This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...
Persistent link: https://www.econbiz.de/10014396208
(CPMG) methodology of Pesaran et al. (1999) for estimation. The latter takes account of cross-country heterogeneity and …
Persistent link: https://www.econbiz.de/10014396933
This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human...
Persistent link: https://www.econbiz.de/10014395877
This paper argues that the development of human capital in the public sector should be an important ingredient in any proposed set of “second-generation” reforms for Africa. In the post-colonial era the quality of governance has seriously declined, and the stock of human capital in the...
Persistent link: https://www.econbiz.de/10014401612
agreements with the National Bank of Belgium (Belgium) and the Swiss National Bank (Switzerland), effective on August 30, 2017 …. These new borrowing agreements with Belgium and Switzerland provide new resources equivalent to SDR 350 million and SDR 500 …
Persistent link: https://www.econbiz.de/10014408669
Switzerland. It examines the intertemporal consistency between current policy plans and unfunded liabilities, focusing primarily … the generous disability and pension systems. The paper also examines the need for health care reforms in Switzerland …
Persistent link: https://www.econbiz.de/10014406014
This paper focuses on the observance of standards and codes on fiscal transparency for Switzerland. The assessment …
Persistent link: https://www.econbiz.de/10014410960
This technical note presents an update to the Financial System Stability Assessment (FSSA) on Switzerland. It reveals …
Persistent link: https://www.econbiz.de/10014403123
For the past quarter century, Switzerland’s real per capita growth rate has been substantially slower than in most … 1997 peak of more than 5 percent. Inflation has edged up from exceptionally low levels. Switzerland’s longstanding current …
Persistent link: https://www.econbiz.de/10014403487