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We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a...
Persistent link: https://www.econbiz.de/10008876604
This paper examines the relative merits of two dominant economic instruments for reducing pollution—”green” taxes and … other. In practice, however, most countries have relied more on taxes than on permits to control pollution. The analysis …
Persistent link: https://www.econbiz.de/10005604886
The Gulf of Guinea's tremendous potential is creating investment opportunities for the region. Some of its resources, such as oil, minerals, and forests, continue to attract significant investments whereas others, like natural gas, could be exploited to their full potential if necessary...
Persistent link: https://www.econbiz.de/10005605427
This 2006 Article IV Consultation highlights that with generally prudent macroeconomic policies, Namibia has enjoyed robust growth, moderate inflation, and strong external surpluses. Growth is expected to increase to 4½ percent in 2006, after 4¼ percent in 2005, owing in part to a recovery...
Persistent link: https://www.econbiz.de/10011244194
accomplishments and shortcomings of the past year, focusing on outcomes rather than inputs. It points to evidence of continued poverty … presents an updated description of the dynamics of poverty and inequality in Moldova. …
Persistent link: https://www.econbiz.de/10011244213
Efficiency and equity reasons suggest placing a high priority on ensuring that fiscal policy is on a sustainable path. This chapter has sought to estimate the sustainable long-term non-oil primary deficit and the optimal adjustment path toward that level. The banks’ inability to monitor...
Persistent link: https://www.econbiz.de/10011244307
This Joint Staff Advisory Note (JSAN) highlights the Poverty Reduction Strategy Paper–Country Development Strategy … experience from the National Poverty Reduction Strategy (NPRS). This JSAN provides advice on key priorities for strengthening the … strategy and promoting the effective implementation of CDS. It reviews poverty trends, macroeconomic and sectoral policies in …
Persistent link: https://www.econbiz.de/10011244317
The Federal Democratic Republic of Ethiopia’s 2005 Article IV Consultation reports that domestic credit growth has accelerated, driven by strong demand from the government, public enterprises, and the private sector. High import content, particularly from public infrastructure...
Persistent link: https://www.econbiz.de/10011244336
Mauritania achieved substantial progress owing to its macroeconomic policies, budget formulation, governance, and transparency under the economic program. Executive Directors commended the program and emphasized the need for tight fiscal and monetary policies. Directors noted the implementation...
Persistent link: https://www.econbiz.de/10011244743
The Union of the Comoros’s Interim Poverty Reduction Strategy (PRGS) paper reports that the government⠅
Persistent link: https://www.econbiz.de/10011244800