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The Growth Comeback in Developing Economies; A New Hope or Back to the Future?
Bluedorn, John C; Duttagupta, Rupa; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2013
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...
Persistent link: https://www.econbiz.de/10011242243
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Economic Diversification in LICs; Stylized Facts and Macroeconomic Implications
Papageorgiou, Chris; Spatafora, Nicola - International Monetary Fund (IMF) - 2012
Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less broad-based and sustainable growth. Moreover, lack of diversification may increase exposure to...
Persistent link: https://www.econbiz.de/10011245889
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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...
Persistent link: https://www.econbiz.de/10011242245
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Indonesia; Selected Issues
International Monetary Fund (IMF); International … - 2012
This selected issues paper on Indonesia was prepared by a staff team of the International Monetary Fund as background … the views of the government of Indonesia or the Executive Board of the IMF. …
Persistent link: https://www.econbiz.de/10011243208
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Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+
Cevik, Serhan; Correa-Caro, Carolina - International Monetary Fund (IMF) - 2015
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …€”an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries …. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on …
Persistent link: https://www.econbiz.de/10011242236
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10011142066
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Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns
Diallo, Oumar; Tapsoba, Sampawende J.-A. - International Monetary Fund (IMF) - 2014
This paper assesses the extent to which Sub-Saharan Africa (SSA)’s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA’s business cycle has not only moved in the same direction as that of the RoW, but has also gradually drifted away...
Persistent link: https://www.econbiz.de/10011142171
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Cambodia: Staff Report for the 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2014
remained strong partly driven by factories relocating from China and Vietnam. The IMF Staff estimates real GDP growth to remain …This 2013 Article IV Consultation highlights that economic activity in Cambodia remained strong in 2013 driven by …
Persistent link: https://www.econbiz.de/10011245248
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Cambodia; 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
Despite the global slowdown, Cambodia’s economy has been holding up, driven by resilient exports and tourism and a strong real estate recovery. Fiscal policy has remained anchored in rebuilding government deposits and maintaining long-term fiscal debt sustainability, while providing...
Persistent link: https://www.econbiz.de/10011243380
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Burkina Faso; Poverty Reduction Strategy Paper: Annual Progress Report
International Monetary Fund (IMF); International … - 2008
This annual progress report reviews Burkina Faso’s Poverty Reduction Strategy Papers (PRSPs). The regional integration dynamics was considered as an action variable that allowed Burkina Faso to better insert itself into the global economy. The major quantitative objectives of the revised...
Persistent link: https://www.econbiz.de/10011244452