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And Schumpeter Said, "This is How Thou Shalt Grow"; Further Quest for Economic Growth in Poor Countries
Beaugrand, Philippe - International Monetary Fund (IMF) - 2004
entrepreneurs innovate—in the Schumpeterian sense—in order to bring about structural changes in the economy. The conclusion …
Persistent link: https://www.econbiz.de/10005825901
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Growth and Capital Flows with Risky Entrepreneurship
Sandri, Damiano - International Monetary Fund (IMF) - 2010
This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can … uninsurable risk of losing invested capital forces entrepreneurs to rely on self-financing, so that when business opportunities … open up entrepreneurs increase saving to finance the investment that produces growth. The key insight is that saving has to …
Persistent link: https://www.econbiz.de/10008519499
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Explaining Economic Growth with Imperfect Credit Markets
Carranza, Luis - International Monetary Fund (IMF) - 2000
the competition among entrepreneurs (“intensive growth”). As a result, the growth rate could be increasing in the middle …
Persistent link: https://www.econbiz.de/10005605049
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Sudden Stops, Output Drops, and Credit Collapses
Dagher, Jihad - International Monetary Fund (IMF) - 2010
This paper proposes a tractable Sudden Stop model to explain the main patterns in firm level data in a sample of Southeast Asian firms during the Asian crisis. The model, which features trend shocks and financial frictions, is able to generate the main patterns observed in the sample during and...
Persistent link: https://www.econbiz.de/10008646413
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Benin; Poverty Reduction Strategy Paper: Growth Strategy for Poverty Reduction
International Monetary Fund (IMF); International … - 2008
Benin has been implementing a national poverty reduction strategy for sustainable human development. The government of Benin judiciously stressed the development of the social sector and improved governance to develop human resources and enhance the effectiveness of its actions so as to lay the...
Persistent link: https://www.econbiz.de/10011244284
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Benin; Poverty Reduction Strategy Paper-Annual Progress Report
International Monetary Fund (IMF); International … - 2008
This paper reviews the Annual Progress Report (APR) on Poverty Reduction Strategy Paper (PRSP) on Benin. The APR presents an overview of the implementation of the strategy addressing in turn the new vision of development in Benin, the major projects initiated for the creation of national wealth...
Persistent link: https://www.econbiz.de/10011245085
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Benin; Poverty Reduction Strategy Paper—2005 Progress Report
International Monetary Fund (IMF); International … - 2008
This Poverty Reduction Strategy Paper (PRSP) was developed based on a long participatory process based on an institutional mechanism involving all socioeconomic development actors in the country. The annual review of the PRSP seeks to assess the results achieved in the implementation of the...
Persistent link: https://www.econbiz.de/10011245136
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Ghana; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2006
structure of the economy by developing the private sector, diversifying the export base, and increasing agricultural …
Persistent link: https://www.econbiz.de/10011245402
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Benin; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2011
This abstract discusses Benin’s poverty reduction strategy (PRS1). The PRS1 serves as both a strategic frame of reference and a framework for dialogue with technical and financial partners (TFPs). The six major phases involved in the preparation of the growth and poverty reduction...
Persistent link: https://www.econbiz.de/10011245830
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Burkina Faso; Strategy for Accelerated Growth and Sustainable Development 2011–2015
International Monetary Fund (IMF); International … - 2012
This paper focuses on the Strategy for Accelerated Growth and Sustainable Development (SCADD) for Burkina Faso. It provides an overview of a decade of development, takes stock of the recent performance of Burkina Faso in various areas, and identifies the main challenges. The paper spells out a...
Persistent link: https://www.econbiz.de/10011244631