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And Schumpeter Said, "This is How Thou Shalt Grow"; Further Quest for Economic Growth in Poor Countries

Beaugrand, Philippe - International Monetary Fund (IMF) - 2004

entrepreneurs innovate—in the Schumpeterian sense—in order to bring about structural changes in the economy. The conclusion …

Persistent link: https://www.econbiz.de/10005825901

Show Me the Money; Access to Finance for Small Borrowers in Canada

Klyuev, Vladimir - International Monetary Fund (IMF) - 2008

This paper examines access to business finance by Canadian small and medium-sized enterprises (SMEs) and to housing finance by Canadian households (particularly non-prime borrowers) against the background of a fairly concentrated and protected banking industry. It finds access broadly adequate...

Persistent link: https://www.econbiz.de/10005769089

Growth and Capital Flows with Risky Entrepreneurship

Sandri, Damiano - International Monetary Fund (IMF) - 2010

This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can … uninsurable risk of losing invested capital forces entrepreneurs to rely on self-financing, so that when business opportunities … open up entrepreneurs increase saving to finance the investment that produces growth. The key insight is that saving has to …

Persistent link: https://www.econbiz.de/10008519499

Sudden Stops, Output Drops, and Credit Collapses

Dagher, Jihad - International Monetary Fund (IMF) - 2010

This paper proposes a tractable Sudden Stop model to explain the main patterns in firm level data in a sample of Southeast Asian firms during the Asian crisis. The model, which features trend shocks and financial frictions, is able to generate the main patterns observed in the sample during and...

Persistent link: https://www.econbiz.de/10008646413

Nicaragua; Poverty Reduction Strategy Paper: Progress Report on National Human Development Plan as of 2010

International Monetary Fund (IMF); International … - 2011

This paper reports on progress made on Nicaraguaâ€™s National Human Development Plan as of 2010. The operational goal for Nicaraguaâ€™s National Human Development Plan is economic growth with increased employment and reduced inequality and poverty. The results for 2007â€“10...

Persistent link: https://www.econbiz.de/10011244377

Union of the Comoros; Interim Poverty Reduction Strategy Paper

International Monetary Fund (IMF); International … - 2006

The Union of the Comorosâ€™s Interim Poverty Reduction Strategy (PRGS) paper reports that the governmentâ€™s macroeconomic objectives under the PRGS framework entail preserving major economic equilibria. To increase control over government spending, the government intends to reduce the...

Persistent link: https://www.econbiz.de/10011244800

Uganda; Poverty Reduction Strategy Paper

International Monetary Fund (IMF); International … - 2010

Ugandaâ€™s National Development Plan (NDP) stipulates medium-term strategic direction, development priorities, and implementation strategies. It also details Ugandaâ€™s current development status, challenges, and opportunities. The contribution of this NDP to the socioeconomic...

Persistent link: https://www.econbiz.de/10011244832

Kenya; Poverty Reduction Strategy Paper: Progress Report

International Monetary Fund (IMF); International … - 2012

This progress report focuses on Medium-Term Plan (MTP) implementation by 2011 in Kenya, including specific progress on the attainment of MDG goals. The report presents the updated MTP program for 2012â€“13, including the consultations and framework underpinning its preparation. The...

Persistent link: https://www.econbiz.de/10011244834

Rwanda; Poverty Reduction Strategy Paper Annual Progress Report

International Monetary Fund (IMF); International … - 2005

This paper examines the Annual Progress Report (APR) on Rwandaâ€™s Poverty Reduction Strategy Paper (PRSP). The 2004 APR is an important progress marker in Rwandaâ€™s long-term vision to reduce the proportion of Rwandans living below the poverty line from 60 percent to 25 percent and...

Persistent link: https://www.econbiz.de/10005824878

Pakistan; Poverty Reduction Strategy Paper

International Monetary Fund (IMF); International … - 2004

To stimulate private sector credit expansions in Pakistan, the monetary policy has been accommodative while financial sector reforms have brought about a lowering of intermediation costs and bank spreads. Consequently, the weighted average lending rates have declined from 14.6 percent in June...

Persistent link: https://www.econbiz.de/10005825484