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environments in which markets are complete or incomplete, and it can be used for models of any dimension. Moreover, the …
Persistent link: https://www.econbiz.de/10005826170
Persistent link: https://www.econbiz.de/10005590943
advantage. Financial globalization then induces more specialization and more trade. The present framework yields explicit closed …The paper provides a general-equilibrium model where incomplete international financial markets lead to insufficient … industrial specialization and low international trade. As international portfolio diversification is limited and productivity is …
Persistent link: https://www.econbiz.de/10005599412
The Malawi Growth and Development Strategy II (MGDS-II) is a poverty reduction strategy for the period 2006–11, which is aimed at fulfilling Malawi’s future developmental aspiration—Vision 2020. The strategy identifies broad thematic areas and key priority areas to bring...
Persistent link: https://www.econbiz.de/10011244829
Ghana has pursued several programs to accelerate the growth of the economy. In 1995, the government presented “Ghana: Vision 2020,†aimed at making Ghana a middle-income country in 25 years. Vision 2020 focused on human development, economic growth, rural development, urban...
Persistent link: https://www.econbiz.de/10011245703
This volume discusses the Poverty Reduction Strategy (GPRS I) and the Growth and Poverty Reduction Strategy (GPRS II) that addressed the critical poverty issues in Ghana. GPRS I is a comprehensive policy document prepared as a precondition for Ghana under the Highly Indebted Poor Country (HIPC)...
Persistent link: https://www.econbiz.de/10011243866
Russia’s large oil and gas reserves play a key role in its economic development. As with many other large oil exporters, Russia’s energy wealth is also posing numerous challenges to macroeconomic management. Although fiscal policy has saved a large part of the oil windfall in the...
Persistent link: https://www.econbiz.de/10011245715
The Poverty Reduction Strategy Papers (PRSPs) on the Republic of Madagascar explain the Madagascar Action Plan (MAP) to accelerate and better coordinate the development process. The National Leadership Institute of Madagascar (NLIM) was created in 2006 to provide cutting-edge training to build...
Persistent link: https://www.econbiz.de/10011245160
Statistical data and issues are discussed in this paper. Mauritania reached the completion point under the enhanced Initiative for Heavily Indebted Poor Countries. In July 2004, a new economic team took actions to tighten fiscal and monetary policies. The authorities intend to adopt sound...
Persistent link: https://www.econbiz.de/10011243789
The Growth and Social Protection Strategy (GSPS) attaches great importance to the promotion of economic growth and job creation, given the nature of poverty in Dominica. The GSPS also stresses that existing health and education programs are essential to foster growth in the medium and long...
Persistent link: https://www.econbiz.de/10011244976