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The world is in the midst of a major demographic transition. This paper examines the implications of such transition over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world using a dynamic intertemporal general equilibrium...
Persistent link: https://www.econbiz.de/10005826038
This paper calculates the levels of optimal national saving, investment, and the current account balance for five Asian economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach. These calculations show the sensitivity of...
Persistent link: https://www.econbiz.de/10005826103
Cambodians have displayed tremendous resilience. The National Strategic Development Plan (NSDP) has been formulated using the comprehensive Rectangular Strategy of the Royal Government of Cambodia and synthesizes the Cambodia Millennium Development Goals (CMDG), the National Poverty Reduction...
Persistent link: https://www.econbiz.de/10011244053
Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much … ahead. It exploits the variation in the age structure of the population across Indian states to identify the demographic … working age ratio. This result is robust to a variety of empirical strategies, including a correction for inter …
Persistent link: https://www.econbiz.de/10008876597
The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how does it compare with previous episodes? (ii) has this growth had an impact on...
Persistent link: https://www.econbiz.de/10011123863
The paper evaluates the impact of HIV/AIDS on welfare in several countries affected by the HIV/AIDS epidemic. Unlike …
Persistent link: https://www.econbiz.de/10005769144
. Particular attention is paid to aggregate saving behavior which is modeled on the basis of empirical age-earnings profiles using … of empirical age-earnings profiles using a life-cycle approach. The paper's objectives are to (i) estimate the output … behavior which is modeled on the basis of empirical age-earnings profiles using a life-cycle approach. The paper's objectives …
Persistent link: https://www.econbiz.de/10005769220
This Selected Issues paper and Statistical Appendix provide background information and analytical support for key policy issues discussed in the 2004 Article IV Consultation discussions with Mauritius. The impact of the erosion of trade preferences on exports, growth, and employment is assessed...
Persistent link: https://www.econbiz.de/10005591697
This note discusses Chile's macroeconomic policy framework, the role of institutions in Chile, policies over time, export specialization and economic growth, trade policy strategy and recent agreements, an overview of recent developments in capital markets, and corporate financing in Chile. The...
Persistent link: https://www.econbiz.de/10005248078
The working age population is expected to grow faster in the Middle East than in any other region in the world between …
Persistent link: https://www.econbiz.de/10005264176