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The inclusiveness of growth depends on the extent of access to economic and social opportunities. This paper applies the concept of social opportunity function to ascertain the inclusiveness of growth episodes in selected African countries. Premised on the concept of social welfare function,...
Persistent link: https://www.econbiz.de/10011242365
Using data from three household surveys, we review whether growth in Mauritius was inclusive and discuss the incidence … of public expenditures and taxes. Generally, Mauritius enjoys an even income distribution and low rates of poverty … is the main contributor to inequality in Mauritius. Social protection expenditures reduce poverty and inequality, but …
Persistent link: https://www.econbiz.de/10011242301
productivity. With policies capable of generating 5 percent growth, Mauritius could reach high-income status in 2021, 4 years …
Persistent link: https://www.econbiz.de/10011142138
This 2013 Article IV Consultation highlights that The Zambian economy has performed well in recent years, with strong growth and modest inflation, and has high growth potential. The government has resolved to step up development by scaling up investment in infrastructure. The current fiscal...
Persistent link: https://www.econbiz.de/10011245052
This 2014 Article IV Consultation highlights that economic rebound in Zimbabwe experienced since the end of …
Persistent link: https://www.econbiz.de/10011245607
year. In the context of the 2012 Article IV consultation with Zimbabwe, the following documents have been released and are …
Persistent link: https://www.econbiz.de/10011243459
Tanzania’s economic growth continues to be buoyant. The planned monetary policy tightening is aimed at entrenching gradual disinflation. Executive Directors recommend further enhancing the degree of exchange rate flexibility, and the fiscal deficit reduction envisaged in the draft budget...
Persistent link: https://www.econbiz.de/10011244271
Tanzania’s macroeconomic outlook is favorable with buoyant growth and declining inflation. The Executive Board of the International Monetary Fund (IMF) commended its prudent policy management and progress in stabilizing the economy. The country’s 2012–13 budget appropriately...
Persistent link: https://www.econbiz.de/10011244824
analysis, Tanzania remains at low risk of debt distress. A major upside risk for the long term, not yet incorporated in the …
Persistent link: https://www.econbiz.de/10011245686
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