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Irrational Exuberance in the U.S. Housing Market; Were Evangelicals Left Behind?
Crowe, Christopher W. - International Monetary Fund (IMF) - 2009
The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I investigate this issue by identifying a segment of the U.S. population-evangelical protestants-that may be less prone to speculative motives, and uncover a significant negative...
Persistent link: https://www.econbiz.de/10005825622
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Social Capital and Civil Society
Fukuyama, Francis - International Monetary Fund (IMF) - 2000
Social capital is an instantiated informal norm that promotes cooperation between individuals. In the economic sphere it reduces transaction costs, and in the political sphere it promotes the kind of associational life that is necessary for the success of limited government and modern democracy....
Persistent link: https://www.econbiz.de/10005769240
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Does Openness Matter for Financial Development in Africa?
David, Antonio; Mlachila, Montfort; Moheeput, Ashwin - International Monetary Fund (IMF) - 2014
This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African (SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence and non-stationarity, important econometric problems that...
Persistent link: https://www.econbiz.de/10010790350
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Liberia; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2008
This paper discusses implementation of the Poverty Reduction Strategy (PRS) in Liberia. Liberia’s PRS articulates the government’s overall vision and major strategies for moving toward rapid, inclusive, and sustainable growth and development during the period 2008–11. This...
Persistent link: https://www.econbiz.de/10011245748
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Namibia; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2005
This Selected Issues and Statistical Appendix paper analyzes the macroeconomic impact of the HIV/AIDS pandemic, as well … as its repercussions on fiscal policy of Namibia. The paper seeks to assess the macroeconomic impact of HIV/AIDS under a … paper also identifies the effect of HIV/AIDS on the real GDP growth rate over the medium term through a source of growth …
Persistent link: https://www.econbiz.de/10005825168
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HIV/AIDS; The Impacton Poverty and Inequality
Haacker, Markus; Salinas, Gonzalo - International Monetary Fund (IMF) - 2006
Using available data on the distribution of HIV/AIDS prevalence across population groups for four sub-Saharan African … countries and transposing this information to household income and expenditure surveys, we simulate the impact of HIV/AIDS on …
Persistent link: https://www.econbiz.de/10005825925
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The Macroeconomic Impact of HIV/AIDS in Botswana
Sgherri, Silvia; MacFarlan, Maitland - International Monetary Fund (IMF) - 2001
This paper provides an overview of the potential macroeconomic effects of HIV/AIDS in Botswana, focusing on the key … impact of HIV/AIDS, a dual-economy equilibrium model is constructed and simulated under different scenarios. Depending on … exactly how AIDS affects the outlook, GDP growth is projected to fall from around 5½ percent a year without the pandemic to …
Persistent link: https://www.econbiz.de/10005826153
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Republic of Moldova; Poverty Reduction Strategy Paper-Progress Report
International Monetary Fund (IMF); International … - 2011
The progress made by Moldova toward achieving the Millennium Development Goals (MDGs) has not been uniform since 2007. Domestic economic and political crises are likely to undermine the achievement of several MDG targets set for 2010 and 2015. The goals were to reduce extreme poverty and hunger,...
Persistent link: https://www.econbiz.de/10011242804
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Malawi; Poverty Reduction Strategy Paper: Growth and Development Strategy
International Monetary Fund (IMF); International … - 2007
This paper focuses on the Poverty Reduction Strategy Paper (PRSP) and the Malawi Growth and Development Strategy (MGDS). The MGDS is the overarching strategy for Malawi from fiscal year 2006/07 to 2010/2011. The purpose of the MGDS is to serve as a single reference document for policymakers in...
Persistent link: https://www.econbiz.de/10011243242
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Zambia; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2007
This paper discusses implementation of the Fifth National Development Plan (FNDP) in Zambia. The planning process of the FNDP integrated views from the Provincial and District Development Plans approved by the respective provincial and district level organs. The FNDP’s goals are...
Persistent link: https://www.econbiz.de/10011243320