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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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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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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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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
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Rwanda; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2008
Rwanda’s Economic Development and Poverty Reduction Strategy provides a medium-term framework for achieving the country’s long-term development goals and aspirations as embodied in Rwanda Vision 2020, the seven-year Government of Rwanda programme, and the Millennium Development...
Persistent link: https://www.econbiz.de/10011244912
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Vietnam; Poverty Reduction Strategy Paper: Annual Progress Report
International Monetary Fund (IMF); International … - 2006
Vietnam has adopted effective policies and measures to accelerate its economic growth rate and reduce poverty while sustaining economic reform, and trying to achieve goals and targets that are set in the Five-year Socio-economic Development Plan 2001–05. The annual progress report, named...
Persistent link: https://www.econbiz.de/10011245365
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Kingdom of Lesotho; Poverty Reduction Strategy Paper: National Strategic Development Plan
International Monetary Fund (IMF); International … - 2012
This paper describes the Kingdom of Lesotho’s Poverty Reduction Strategy Paper and National Strategic Development Plan (NSDP) 2012/13–2016/17. NSDP recognizes, as a point of departure, the need and urgency for Lesotho to radically transform its economy. To achieve the National...
Persistent link: https://www.econbiz.de/10011245521
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Lao People’s Democratic Republic; Second Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2008
This paper focuses on Second Poverty Reduction Strategy Paper for Lao People’s Democratic Republic. The economic sectors have undergone significant restructuring. This restructuring has been concentrated on production capacities, quality and efficiency, thus contributing to economic...
Persistent link: https://www.econbiz.de/10011245536
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Vietnam; Poverty Reduction Strategy Paper: Annual Progress Report
International Monetary Fund (IMF); International … - 2006
This paper presents the Annual Progress Report on Vietnam’s Poverty Reduction Strategy. The industrial output and export turnover have continuously increased and exceeded the targeted plan. The entire social investment has been fairly well increased, especially that of the private sector,...
Persistent link: https://www.econbiz.de/10005768446