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last decade in the selected countries came with increased average opportunities in education and health; but distribution …
Persistent link: https://www.econbiz.de/10011242365
This Joint Advisory Note on the Democratic Republic of the Congo discusses economic growth and employment-creating sectors. The agriculture and mining sectors are projected to continue their expansion, while simultaneously raising labor productivity and freeing up labor. The urban population is...
Persistent link: https://www.econbiz.de/10011243111
costs for different levels of schooling, we show that reducing household costs of primary education has the largest positive … impact on growth and poverty reduction in the short run. Moreover, an increase in higher education spending increases long …-run growth. These effects can be substantial even when increasing education spending comes at the expense of public …
Persistent link: https://www.econbiz.de/10005825657
education and the quality, or “technical efficiency” of spending. While it finds partial evidence for the claim that more …
Persistent link: https://www.econbiz.de/10005825706
No country has achieved sustained economic development without investment in education. Thus, education policy can play … development. In addition to identifying some characteristics of an optimal education policy, the paper helps in understanding why …
Persistent link: https://www.econbiz.de/10005599470
Do the short and medium term adjustment costs associated with trade liberalization influence schooling and child labor decisions? We examine this question in the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in schooling and decline in...
Persistent link: https://www.econbiz.de/10005599670
Persistent link: https://www.econbiz.de/10005826695
We examine corporate sector vulnerabilities in Brazil, Chile, Colombia, Mexico and Peru. First, we identify stylized … financing through a probit model, using a panel of 18 countries in 2000-11. Results suggest that higher leverage and maturity …
Persistent link: https://www.econbiz.de/10011242251
Colombia’s very strong track record of macroeconomic policy management, underpinned by robust fiscal and monetary policy frameworks, has reduced vulnerabilities in recent years and helped weather the global financial crisis. The authorities’ policy focus has shifted from supporting...
Persistent link: https://www.econbiz.de/10011242992
In this paper, the structure of Colombia’s financial sector is analyzed and various risks of the financial sector are studied. Supervision of the financial system can be performed by supervisory architecture, banking supervision, various securities, and insurance policies. Systemic...
Persistent link: https://www.econbiz.de/10011244169