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in energy and infrastructure in scenarios with varying degrees of debt finance and with different types of supporting … growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal … programs borrow against future fiscal gains to combine new energy investments with either delayed or frontloaded investments in …
Persistent link: https://www.econbiz.de/10010790369
India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high … growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the … acceleration of investment in transport and infrastructure. The immediate priority is to achieve the kind of fiscal quality and low …
Persistent link: https://www.econbiz.de/10011242441
predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges … of growth through 2033. Growth averaged 4½ percent over the past 20 years. Our baseline suggests future growth rates … around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and …
Persistent link: https://www.econbiz.de/10011142138
This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and economic policy uncertainty. Our results suggest that while...
Persistent link: https://www.econbiz.de/10011142175
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 … investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little …
Persistent link: https://www.econbiz.de/10010959467
together for a vibrant, sustained, inclusive, and all-embracing economic growth. The total cost of investments arising out of …
Persistent link: https://www.econbiz.de/10011244156
The Poverty Reduction Strategy Paper discusses socioeconomic development in the Republic of Tajikistan. Although poverty reduction in rural areas is proceeding at a faster pace than in urban areas, poverty continues to be a predominantly rural phenomenon. In addition to improving the gender...
Persistent link: https://www.econbiz.de/10011244161
growth recorded over the last five years is essentially driven by the increase in foreign direct investment—but especially …
Persistent link: https://www.econbiz.de/10011244165
-based growth remain, including large infrastructure gaps, insufficient energy supply, and limited access to safe water and … stabilization over the last five years. Real GDP growth averaged some 7 percent, driven by output expansion in agriculture, mining …, and services; as well as the scaling-up of infrastructure investment. Nonetheless, important impediments to broad …
Persistent link: https://www.econbiz.de/10011244166
sustainable equity-based economic growth. It contains medium-term objectives and strategies to address the major challenges facing … opportunities inherent in the process of globalization under such mechanisms as the Africa Growth and Opportunities Act. …
Persistent link: https://www.econbiz.de/10011244168