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Driving infrastructure development, notably mobilizing financial resources for infrastructure projects, has been challenging in many countries. This study includes two parts: an empirical analysis of macroeconomic risks associated with infrastructure booms, and a case study of four emerging...
Persistent link: https://www.econbiz.de/10009203552
investment decisions, and is insufficient to ensure the quality of investment. Recommended policy actions include removing …
Persistent link: https://www.econbiz.de/10005825088
instruments to raise additional finance for infrastructure investment. This paper looks at the range of options for raising the … infrastructure, public investment, and economic growth, and then goes on to consider the case for additional infrastructure … investment in Tanzania. The second part of the paper looks at five broad options for mobilizing additional resources to meet …
Persistent link: https://www.econbiz.de/10005769217
The prolonged investment decline in post-Asian crisis emerging Asia, in contrast to the swift recovery of economic … growth, has remained a puzzle. This paper shows that the post-crisis investment recession has been mainly concentrated in the …
Persistent link: https://www.econbiz.de/10011142140
Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985–98. The association between military...
Persistent link: https://www.econbiz.de/10005599529
. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of … infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract foreign investment …. This EI explores the following questions: Should countries increase public investment in infrastructure? If the answer is …
Persistent link: https://www.econbiz.de/10010878418
The note gives statistical data on Aruba with regard to indicators of tourism activity, components of GDP, real GDP, contributions to real GDP, growth, changes in consumer price index, and legal minimum wages. The statistical data of operations of the central government, operational budget of...
Persistent link: https://www.econbiz.de/10011244234
Persistent link: https://www.econbiz.de/10011244338
The Selected Issues paper describes the nexus between household wealth, saving, and consumption, and provides estimates for the medium-term path of household saving and consumption. The paper also discusses to what extent the credit market frictions are holding back Ireland's economic recovery....
Persistent link: https://www.econbiz.de/10011244469
This Selected Issues paper focuses on the issues of fiscal policy, rebalancing, and growth in New Zealand. The paper discusses that a key policy challenge for New Zealand is to rebalance the economy and reduce external vulnerabilities. It provides model-based estimates of the potential...
Persistent link: https://www.econbiz.de/10011244587