Showing 1 - 10 of 139
households, suggesting that urban inflation up to 2005 in China was “pro-poor,†in the sense that the increase in the cost of …
Persistent link: https://www.econbiz.de/10011142159
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
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
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
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
This Selected Issues paper discusses the need to meet Algeria’s fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections, Algeria will deplete its financial savings in the long term, leaving...
Persistent link: https://www.econbiz.de/10011244222
This paper on Senegal’s Poverty Reduction Strategy Paper discusses the economic, social, and environmental performance of policies, the political and institutional environment, and the constraints weighing on its growth as well as the challenges to be addressed. The shortage of basic...
Persistent link: https://www.econbiz.de/10011244228
KEY ISSUES Context. Cameroon’s macroeconomic outlook and risks have deteriorated slightly since the Article IV consultation in 2013. Economic activity has remained strong and inflation subdued, but the fiscal position has worsened; public debt has been rising at a less sustainable pace;...
Persistent link: https://www.econbiz.de/10011244273
Persistent link: https://www.econbiz.de/10011244316
This Selected Issues paper analyzes the housing prices, consumption, and the household debt overhang in the Netherlands. Deflated housing prices that were fueled by robust borrowing often leave in their wake households with heavy debt burden. This “debt overhang†forces households into...
Persistent link: https://www.econbiz.de/10011244329