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This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10010959467
Philippines and Thailand), there were considerable differences both in terms of instantaneous impact of the crisis and in terms of … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10010790382
. Along with frequent natural disasters, this has kept poverty elevated, thereby sustaining outward migration. Outlook and … opportunities within the Philippines. …
Persistent link: https://www.econbiz.de/10011243326
The Philippines’ macroeconomic fundamentals have improved considerably during the past decade. However, new macrofinancial challenges are emerging. The economy is continuing to adjust to the large persistent inflows from abroad. Transmission of domestic policy interest rates has been...
Persistent link: https://www.econbiz.de/10011243342
accomplishments and shortcomings of the past year, focusing on outcomes rather than inputs. It points to evidence of continued poverty … presents an updated description of the dynamics of poverty and inequality in Moldova. …
Persistent link: https://www.econbiz.de/10011244213
This Joint Staff Advisory Note (JSAN) highlights the Poverty Reduction Strategy Paper–Country Development Strategy … experience from the National Poverty Reduction Strategy (NPRS). This JSAN provides advice on key priorities for strengthening the … strategy and promoting the effective implementation of CDS. It reviews poverty trends, macroeconomic and sectoral policies in …
Persistent link: https://www.econbiz.de/10011244317
The Federal Democratic Republic of Ethiopia’s 2005 Article IV Consultation reports that domestic credit growth has accelerated, driven by strong demand from the government, public enterprises, and the private sector. High import content, particularly from public infrastructure...
Persistent link: https://www.econbiz.de/10011244336
The Union of the Comoros’s Interim Poverty Reduction Strategy (PRGS) paper reports that the government⠅
Persistent link: https://www.econbiz.de/10011244800
for private enterprise and sectoral strategies; and poverty reduction and social protection programs. Economic growth in …
Persistent link: https://www.econbiz.de/10011244873
challenges remain in accelerating economic reforms and reducing poverty. Real economic growth accelerated from almost 4½ in 2010 …
Persistent link: https://www.econbiz.de/10011244937