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Grenada; Poverty Reduction Strategy Paper-Preparation Status Report

International Monetary Fund (IMF); International … - 2008

The Poverty Reduction Strategy Papers (PRSPs) of Grenada outline the issues raised in the Joint Staff Assessment. In the area of poverty diagnostics, a more detailed discussion of poverty based on updated poverty data is provided. The PRSP will describe the links between poverty, growth, and...

Persistent link: https://www.econbiz.de/10011244707

Cameroon; Poverty Reduction Strategy Paper-Progress Report

International Monetary Fund (IMF); International … - 2008

The growth rate of agriculture in Cameroon was estimated at 3.3 percent in 2006, compared with 2.7 percent in 2005. This is owing to increased activity in the food agriculture sector (4.3 percent) and in forestry and logging (4.0 percent). Livestock farming and fisheries, on the one hand, grew...

Persistent link: https://www.econbiz.de/10011245018

Mother, Can I Trust the Government? Sustained Financial Deepening; A Political Institutionsview

Quintyn, Marc; Verdier, Geneviève - International Monetary Fund (IMF) - 2010

order to create trust. This paper identifies over 200 post-1960 episodes of accelerations in financial development in a … large cross-section of countries. We find that the likelihood of an acceleration leading to sustained financial development …

Persistent link: https://www.econbiz.de/10008671297

International Capital Flows and Development; Financial Openness Matters

Ricci, Luca Antonio; Tressel, Thierry; Reinhardt, … - International Monetary Fund (IMF) - 2010

restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of …

Persistent link: https://www.econbiz.de/10008680270

Financial Frictions, Investment, and Institutions

Yafeh, Yishay; Ueda, Kenichi; Claessens, Stijn - International Monetary Fund (IMF) - 2010

Financial frictions have been identified as key factors affecting economic fluctuations and growth. But, can institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two potential channels: (i) financial transaction costs at the firm level; and (ii)...

Persistent link: https://www.econbiz.de/10008680276

Public Investment in Resource-Abundant Developing Countries

Berg, Andrew; Portillo, Rafael; Yang, Shu-Chun S.; … - International Monetary Fund (IMF) - 2012

Natural resource revenues provide a valuable source to finance public investment in developing countries, which frequently face borrowing constraints and tax revenue mobilization problems. This paper develops a dynamic stochastic small open economy model to analyze the macroeconomic effects of...

Persistent link: https://www.econbiz.de/10010790256

Searching for the Finance-Growth Nexus in Libya

Cevik, Serhan; Rahmati, Mohammad - International Monetary Fund (IMF) - 2013

This paper investigates the causal relationship between financial development and economic growth in Libya during the … financial development has a statistically significant negative effect on real nonhydrocarbon GDP per capita growth. However, the …

Persistent link: https://www.econbiz.de/10010790327

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 … a general direct robust link between trade and capital account openness and financial development in SSA, once we … important for financial development in countries with better institutional quality. The findings might be due to a number of …

Persistent link: https://www.econbiz.de/10010790350

The Rising Resilience of Emerging Market and Developing Economies

Abiad, Abdul; Bluedorn, John C; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2012

Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly goodâ€”for the first time EMDEs spent more time in expansion and had smaller downturns thanadvanced economies. In this paper we...

Persistent link: https://www.econbiz.de/10011142060

Classifications of Countries Basedon their Level of Development; How it is Done and How it Could Be Done

Nielsen, Lynge - International Monetary Fund (IMF) - 2011

The paper analyzes how the UNDP, the World Bank, and the IMF classify countries based on their level of development … alternative methodology is developed and used to construct classification systems using a variety of proxies for development …

Persistent link: https://www.econbiz.de/10008839348