Showing 1 - 10 of 1,915
accumulated during the boom has led to a sharp economic contraction. Capital inflows came to a halt in late 2008 and reversed in …
Persistent link: https://www.econbiz.de/10011244569
The Poverty Reduction Strategy Papers (PRSPs) on the Republic of Madagascar explain the Madagascar Action Plan (MAP) to accelerate and better coordinate the development process. The National Leadership Institute of Madagascar (NLIM) was created in 2006 to provide cutting-edge training to build...
Persistent link: https://www.econbiz.de/10011245160
This Selected Issues paper aims at discussing the impact of the oil windfall on Chad, with a focus on growth, poverty, competitiveness, and fiscal policy challenges posed by the oil revenue outlook. The paper discusses the reforms needed to remove structural factors that constraints the non-oil...
Persistent link: https://www.econbiz.de/10011245496
employing the ratio of natural capital rather than natural resource exports to national income as an explanatory variable. We … find evidence that resource abundance, measured by the stock of natural capital, also induces a resource curse, but less …
Persistent link: https://www.econbiz.de/10005248266
banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising …
Persistent link: https://www.econbiz.de/10005263703
the predictions of the neoclassical growth model. Endogenous growth models, which suggest a larger contribution of capital …
Persistent link: https://www.econbiz.de/10005263880
Jappelli and Pagano (1994) argues that tightening the borrowing constraints in the mortgage markets promotes savings. Employing a six-period overlapping generations model with endogenous growth and a method of simulation calibrated on the Middle East, this paper demonstrates that the above...
Persistent link: https://www.econbiz.de/10005263983
Over the last decade, GDP growth in emerging Asia was roughly twice as fast as average world growth. The IMF’s Global Economy Model (GEM) is used to estimate the impact that emerging Asia’s growth differential has had on Australia. The simulation analysis, which replicates some key...
Persistent link: https://www.econbiz.de/10008727805
This Selected Issues paper attempts to analyze the end-point problem and improve the quality of potential GDP estimates for Germany. It projects that Germany’s potential GDP growth will slow over the coming decade, mainly because of declining labor input. The paper focuses on a long-term...
Persistent link: https://www.econbiz.de/10005825173
The paper investigates the growth effects of public capital in Portugal using annual data for the period 1965-95. Both … a production function and a vector autoregressive model are estimated. Public capital is shown to be a significant long …, a substantial growth payoff from public investment. Disaggregating public capital shows that investment related to …
Persistent link: https://www.econbiz.de/10005826148