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Hong Kong SAR Economic Integration with the Pearl River Delta
Unteroberdoerster, Olaf; Chen, Hongyi - International Monetary Fund (IMF) - 2008
sustained and associated costs minimized. Besides further investments in infrastructure, Hong Kong SAR's role as a producers …
Persistent link: https://www.econbiz.de/10005599204
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Strategies for Reforming Korea’s Labor Market to Foster Growth
Dao, Mai; Furceri, Davide; Kim, Tae-Jeong; Kim, Meeyeon; … - International Monetary Fund (IMF) - 2014
growth. The paper shows the benefits of comprehensive policy reforms aimed at increasing labor force participation and youth …
Persistent link: https://www.econbiz.de/10011142161
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Afghanistan; Balancing Social and Security Spending in the Context of Shrinking Resource Envelope
Aslam, Aqib; Berkes, Enrico; Fukac, Martin; Menkulasi, Jeta - International Monetary Fund (IMF) - 2013
For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the security-development tradeoff facing the government in its effort to rehabilitate...
Persistent link: https://www.econbiz.de/10011242233
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Infrastructure and Income Distribution in ASEAN-5; What are the Links?
Seneviratne, Dulani; Sun, Yan - International Monetary Fund (IMF) - 2013
Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …
Persistent link: https://www.econbiz.de/10011242245
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Investment Scaling-up and the Role of Government: the Case of Benin
Ghilardi, Matteo; Sola, Sergio - International Monetary Fund (IMF) - 2015
This paper studies the fiscal implications for the Beninese economy of scaling up of public investment when the government is subject to inefficiencies on the spending and on the tax collection side. While scaling up of public investments results in higher long-run output and consumption levels,...
Persistent link: https://www.econbiz.de/10011242315
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Natural Resources, Volatility, and Inclusive Growth; Perspectives From the Middle East and North Africa
Nabli, Mustapha K.; Arezki, Rabah - International Monetary Fund (IMF) - 2012
important source of concerns. Looking forward we argue that the success of economic reforms in MENA rests on the ability of …
Persistent link: https://www.econbiz.de/10011242320
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Public Investment, Growth, and Debt Sustainability; Putting together the Pieces
Berg, Andrew; Portillo, Rafael; Buffie, Edward F.; … - International Monetary Fund (IMF) - 2012
We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions necessary to ensure debt-sustainability; and (iv)...
Persistent link: https://www.econbiz.de/10011242330
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The East African Community; Prospects for Sustained Growth
McAuliffe, Catherine; Saxena, Sweta Chaman; Yabara, Masafumi - International Monetary Fund (IMF) - 2012
reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these …
Persistent link: https://www.econbiz.de/10011242354
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As You sow so Shall You Reap; Public Investment Surges, Growth, and Debt Sustainability in togo
David, Antonio; Zanna, Luis-Felipe; Espinoza, Raphael A.; … - International Monetary Fund (IMF) - 2012
This paper presents an analysis of the public investment scaling-up strategy for Togo using a dynamic macroeconomic model that explicitly analyzes the links between public investment, economic growth, and debt sustainability. In the model, public capital is productive and complementary to...
Persistent link: https://www.econbiz.de/10011242420
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Pressing the Indian Growth Accelerator: Policy Imperatives
Mohan, Rakesh; Kapur, Muneesh - International Monetary Fund (IMF) - 2015
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