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energy prices, we find electricity prices––relative to oil and gas––to be more important in the manufacturing process …, with a one standard deviation reduction in electricity prices leading to a 2.8 percent increase in manufacturing output …. Our estimated elasticities together with plausible reductions in electricity tariffs derived from the energy reform, could …
Persistent link: https://www.econbiz.de/10011242302
This paper investigates the causal relationship between financial development and economic growth in Libya during the period 1970–2010. The empirical results vary with estimation methodology and model specification, but indicate the lack of long-run relationship between financial...
Persistent link: https://www.econbiz.de/10010790327
This Joint Staff Advisory Note (JSAN) reviews Togo's Interim-Poverty Reduction Strategy Paper (I-PRSP), which is aimed to strengthen political and economic governance, support economic recovery, and reduce poverty. The I-PRSP recognizes challenges to achieve the MDGs and the risks to its...
Persistent link: https://www.econbiz.de/10011244238
This paper discusses Poverty Reduction Strategy Paper (PRSP) 2007–11 for The Gambia. PRSP II builds on the long-term development Vision 2020 of The Gambia. It also takes cognizance of the fact that implementation of PRSP I suffered from revenue shortfalls as the IMF suspended its program...
Persistent link: https://www.econbiz.de/10011244972
A key challenge of the macroeconomic program is to increase domestic revenue mobilization to help support the higher levels of public spending for investment and basic services. For the current fiscal year, the authorities are developing a supplemental budget to reprogram existing budgetary...
Persistent link: https://www.econbiz.de/10011245259
This Joint Staff Advisory Note (JSAN) reviews the Second Accelerated Development and Poverty Reduction Strategy (SDARP) of Niger, which provides a framework for implementing the government’s growth and poverty reduction agenda. It provides a thorough poverty diagnosis, sectoral plans,...
Persistent link: https://www.econbiz.de/10011245472
The Joint Staff Advisory Note gives positive feedback on the elaborations made in Burundi’s Poverty Reduction Strategy Report (PRSR-II), and commends the measures taken to eliminate the implementation weaknesses and pitfalls of PRSR-I. The note puts forth guidelines to be followed by the...
Persistent link: https://www.econbiz.de/10011245564
This paper discusses Second National Poverty Reduction Strategy II (NPRS-II) (2012–2016) for Democratic Republic of São Tomé and Príncipe. A comparison of the results of the 2000 and 2010 poverty profile, based on the average income method, shows that there was progress in reducing poverty,...
Persistent link: https://www.econbiz.de/10011245649
This paper examines Lesotho’s Poverty Reduction Strategy Paper (PRSP) Progress Report for the period between January and December 2002. The achievements demonstrate that the government of Lesotho has reaffirmed its commitment to a highly participatory approach and process of preparing a...
Persistent link: https://www.econbiz.de/10005825251
The Poverty Reduction Strategy Paper (PRSP) has been prepared in a context of major political changes. Interim PRSP has come in the midst of a difficult economic situation, marked by falling output and incomes. The strategy seeks to strengthen the processes of consolidating peace and security;...
Persistent link: https://www.econbiz.de/10005591618