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The 2007 Global Monitoring Report on the Millennium Development Goals (MDGs) assesses the contributions of developing countries, developed countries, and international financial institutions toward meeting universally agreed development commitments. Fourth in a series of annual reports leading...
Persistent link: https://www.econbiz.de/10014403104
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
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
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
This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by …
Persistent link: https://www.econbiz.de/10014405925
In Sweden, the authorities have indicated that their medium-term fiscal strategy is based on restraining expenditures …
Persistent link: https://www.econbiz.de/10014410949
This Selected Issues paper on Sweden analyzes possible adjustments to the fiscal framework that the authorities may … wish to consider. The paper starts with a brief description of Sweden’s fiscal framework, followed by an assessment of the … framework’s strengths and weaknesses. The scope for stabilization policy in Sweden is analyzed. The paper describes the …
Persistent link: https://www.econbiz.de/10014406368
weakness led to slower growth of Sweden in 2001. Private consumption stagnated despite rising disposable income, owing to …
Persistent link: https://www.econbiz.de/10014406369