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Breaking the Curse of Sisyphus; An Empirical Analysis of Post-Conflict Economic Transitions
Cevik, Serhan; Rahmati, Mohammad - International Monetary Fund (IMF) - 2013
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960–2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic,...
Persistent link: https://www.econbiz.de/10011242246
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ICT Equipment Investment and Growth in Low- and Lower-Middle-Income Countries
Haacker, Markus - International Monetary Fund (IMF) - 2010
While production of ICT equipment plays a subordinate role for economic growth in most of these countries, they do benefit from capital deepening arising from falling prices of ICT equipment. Adapting established growth accounting approaches to the data environment of low-income countries, we...
Persistent link: https://www.econbiz.de/10008470403
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China'S Integration Into the World Economy; Implications for Developing Countries
Yang, Yongzheng - International Monetary Fund (IMF) - 2003
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly...
Persistent link: https://www.econbiz.de/10005605423
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Public Investment in Resource-Abundant Developing Countries
Berg, Andrew; Portillo, Rafael; Yang, Shu-Chun S.; … - International Monetary Fund (IMF) - 2012
Natural resource revenues provide a valuable source to finance public investment in developing countries, which frequently face borrowing constraints and tax revenue mobilization problems. This paper develops a dynamic stochastic small open economy model to analyze the macroeconomic effects of...
Persistent link: https://www.econbiz.de/10010790256
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International Capital Flows and Development; Financial Openness Matters
Ricci, Luca Antonio; Tressel, Thierry; Reinhardt, … - International Monetary Fund (IMF) - 2010
restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of …
Persistent link: https://www.econbiz.de/10008680270
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Classifications of Countries Basedon their Level of Development; How it is Done and How it Could Be Done
Nielsen, Lynge - International Monetary Fund (IMF) - 2011
The paper analyzes how the UNDP, the World Bank, and the IMF classify countries based on their level of development … alternative methodology is developed and used to construct classification systems using a variety of proxies for development …
Persistent link: https://www.econbiz.de/10008839348
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The Rising Resilience of Emerging Market and Developing Economies
Abiad, Abdul; Bluedorn, John C; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2012
Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good—for the first time EMDEs spent more time in expansion and had smaller downturns thanadvanced economies. In this paper we...
Persistent link: https://www.econbiz.de/10011142060
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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
highlights several essential steps in creating a favorable environment for innovation and growth. …
Persistent link: https://www.econbiz.de/10005825901
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Trade, Inequality, and the Political Economy of Institutions
Levchenko, Andrei A.; Ão, Quı Toàn - International Monetary Fund (IMF) - 2006
We analyze the relationship between international trade and the quality of economic institutions, such as contract … determined endogenously in a political economy framework. We show that trade opening can worsen institutions when it increases … the political power of a small elite of large exporters who prefer to maintain bad institutions. The detrimental effect of …
Persistent link: https://www.econbiz.de/10005599659
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The Macroprudential Framework; Policy Responsiveness and Institutional Arrangements
Lim, Cheng Hoon; Krznar, Ivo; Lipinsky, Fabian; Otani, Akira - International Monetary Fund (IMF) - 2013
This paper gauges if, and how, institutional arrangements are correlated with the use of macroprudential policy instruments. Using data from 39 countries, the paper evaluates policy response time in various types of institutional arrangements for macroprudential policy and finds that the...
Persistent link: https://www.econbiz.de/10011242316