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The Second Transition; Eastern Europe in Perspective
Leigh, Daniel; Fabrizio, Stefania; Mody, Ashoka - International Monetary Fund (IMF) - 2009
The countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European Union, they rode a wave of global trade and financial market integration. Focusing on the second...
Persistent link: https://www.econbiz.de/10005826579
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Former Yugoslav Republic of Macedonia; 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Direc...
International Monetary Fund (IMF); International … - 2009
The staff report for the 2008 Article IV Consultation of the Former Yugoslav Republic of Macedonia discusses economic developments and policies. The new government’s economic program aims to raise growth further, but does not address these vulnerabilities. Plans to increase the central...
Persistent link: https://www.econbiz.de/10011245331
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The Southern African Development Community's Macroeconomic Convergence Program: Initial Performance; Initial Performance
Burgess, Robert - International Monetary Fund (IMF) - 2009
Persistent link: https://www.econbiz.de/10011245868
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Growth in Africa Under Peace and Market Reforms
Korbut, Olessia; Salinas, Gonzalo; Gueye, Cheikh A. - International Monetary Fund (IMF) - 2011
Economic stagnation in Sub-Saharan Africa (SSA) has led several economists to question the region’s ability to attain sustained economic growth, some of them arguing for the need to shift away from natural resource - based exports. Yet, we find that low growth has not been common to all...
Persistent link: https://www.econbiz.de/10008876587
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Development Aid and Economic Growth; A Positive Long-Run Relation
Reddy, Sanjay; Minoiu, Camelia - International Monetary Fund (IMF) - 2009
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10008528696
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Regional Convergence in Latin America
Sutton, Bennett; Lindow, Genevieve; Serra, Maria Isabel; … - International Monetary Fund (IMF) - 2006
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states...
Persistent link: https://www.econbiz.de/10005769080
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The Long-Run Effects of Tradeon Income and Income Growth
Brunner, Allan D. - International Monetary Fund (IMF) - 2003
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...
Persistent link: https://www.econbiz.de/10005769087
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How Has Nafta Affected the Mexican Economy? Review and Evidence
Kose, M. Ayhan; Towe, Christopher M.; Meredith, Guy - International Monetary Fund (IMF) - 2004
This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business...
Persistent link: https://www.econbiz.de/10005599680
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Chronicle of a Decline Foretold; Has China Reached the Lewis Turning Point?
Das, Mitali; N'Diaye, Papa M - International Monetary Fund (IMF) - 2013
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape …, along with anecdotes of rapidly rising migrant wages and episodic labor shortages, has raised questions about whether China … labor shortage economy. Crossing this threshold will have far-reaching implications for both China and the rest of the world …
Persistent link: https://www.econbiz.de/10011242230
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Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+
Cevik, Serhan; Correa-Caro, Carolina - International Monetary Fund (IMF) - 2015
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