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Fiscal Policy and Economic Development
Mourmouras, Alex; Rangazas, Peter - International Monetary Fund (IMF) - 2008
This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3)...
Persistent link: https://www.econbiz.de/10005604955
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Pacific Island Countries: In Search of a Trade Strategy
Chen, Hong; Rauqeuqe, Lanieta; Singh, Shiu raj; Wu, Yiqun; … - International Monetary Fund (IMF) - 2014
tourism for a number of PICs. Moreover, if a strong two-way linkage is established between tourism and agriculture, Pacific …
Persistent link: https://www.econbiz.de/10010959471
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Debt Sustainability, Public Investment, and Natural Resources in Developing Countries: the DIGNAR Model
Melina, Giovanni; Yang, Shu-Chun S.; Zanna, Luis-Felipe - International Monetary Fund (IMF) - 2014
This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries. DIGNAR is a dynamic, stochastic model of a small open...
Persistent link: https://www.econbiz.de/10011123850
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On the First-Round Effects of International Food Price Shocks: the Role of the Asset Market Structure
Portillo, Rafael; Zanna, Luis-Felipe - International Monetary Fund (IMF) - 2015
We develop a tractable small open-economy model to study the first-round effects of international food price shocks in developing countries. We define first-round effects as changes in headline inflation that, holding core inflation constant, help implement relative price adjustments. The model...
Persistent link: https://www.econbiz.de/10011242189
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Financial Decisions and Investment Outcomes in Developing Countries: The Role of Institutions
Turk, Rima - International Monetary Fund (IMF) - 2015
This paper analyzes how differences in legal origin, judicial efficiency, and investor protection affect firm leverage and earnings volatility across developing countries. Using a large number of developing countries, four main findings are highlighted. First, firms in civil legal origin...
Persistent link: https://www.econbiz.de/10011242231
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Republic of Moldova; Poverty Reduction Strategy Paper Annual Evaluation Report 2005: Joint Staff Advisory Note
International Monetary Fund (IMF); International … - 2006
This Joint Staff Advisory Note provides IMF staff’s assessment of the Moldova authorities’ first Annual Evaluation Report (AER), which covers the period from late 2004 to early 2006. Broadly, the AER provides a candid assessment of the accomplishments and shortcomings of the past...
Persistent link: https://www.econbiz.de/10011244213
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Burkina Faso; Poverty Reduction Strategy Paper Annual Progress Report
International Monetary Fund (IMF); International … - 2006
The Poverty Reduction Strategy Paper (PRSP) prepared by the Burkinabè government forms the principal benchmark for all development actors, and reaffirms the urgency of attacking poverty from a structural perspective. It is the primary tool for coordination of all interventions and of public aid...
Persistent link: https://www.econbiz.de/10011244817
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The Federal Democratic Republic of Ethiopia; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper on The Federal Democratic Republic of Ethiopia highlights that accelerating private sector development is the key to increasing and sustaining growth, and providing employment opportunities to raise incomes. Private sector development remains in its infancy, reflecting...
Persistent link: https://www.econbiz.de/10011244865
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Sierra Leone; Poverty Reduction Strategy Paper: Annual Progress Report
International Monetary Fund (IMF); International … - 2007
This report describes the progress made in implementing the Poverty Reduction Strategy Paper (PRSP) for Sierra Leone from June 2005 to May 2006. The improvement in the external sector has for the most part reflected a strong improvement in export performance, particularly for diamonds. Efficient...
Persistent link: https://www.econbiz.de/10011245006
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Cameroon; Poverty Reduction Strategy Paper-Progress Report
International Monetary Fund (IMF); International … - 2008
The growth rate of agriculture in Cameroon was estimated at 3.3 percent in 2006, compared with 2.7 percent in 2005 …. This is owing to increased activity in the food agriculture sector (4.3 percent) and in forestry and logging (4.0 percent … agriculture, on the other hand, experienced a slowdown, on the one hand, with a growth rate of –2.3 percent in 2006 compared …
Persistent link: https://www.econbiz.de/10011245018