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Impact of Remittanceson Poverty and Financial Development in Sub-Saharan Africa
Gupta, Sanjeev; Pattillo, Catherine A.; Wagh, Smita - International Monetary Fund (IMF) - 2007
effect, and promote financial development. These findings hold even after factoring in the reverse causality between … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10005826522
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Efficiency-Adjusted Public Capital and Growth
Gupta, Sanjeev; Kangur, Alvar; Wane, Abdoul Aziz; … - International Monetary Fund (IMF) - 2011
This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant contributor to economic growth. Although the estimated coefficient for the income...
Persistent link: https://www.econbiz.de/10009327877
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Natural Resource Endowments, Governance, and the Domestic Revenueeffort; Evidence From a Panel of Countries
Thornton, John; Bornhorst, Fabian; Gupta, Sanjeev - International Monetary Fund (IMF) - 2008
The recent development literature stresses that countries that receive large revenues from natural resource endowments … typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax … that it is invariant to governance indicators. …
Persistent link: https://www.econbiz.de/10005825627
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The Macroeconomic Challenges of Scaling Up Aid to Africa
Yang, Yongzheng; Powell, Robert; Gupta, Sanjeev - International Monetary Fund (IMF) - 2005
achieve the Millennium Development Goals (MDGs) with the support of the international donor community. The paper stresses that …
Persistent link: https://www.econbiz.de/10005605181