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This paper analyzes factors that determine recent economic growth in the low-income countries of the Commonwealth of Independent States.2 The main findings are as follows: (1) productivity gains in export-oriented sectors and expansion of exports may have become the main sources of growth in...
Persistent link: https://www.econbiz.de/10005263670
Kuwait’s 2005 Article IV Consultation reports that the economic and financial positions are projected to remain strong mainly on the expectation that world oil prices will decline only gradually. Reflecting sharply higher oil prices and production, economic conditions improved...
Persistent link: https://www.econbiz.de/10005825472
This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital...
Persistent link: https://www.econbiz.de/10005591671
This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly …
Persistent link: https://www.econbiz.de/10011244565
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …
Persistent link: https://www.econbiz.de/10005826668
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …
Persistent link: https://www.econbiz.de/10005769248
Persistent link: https://www.econbiz.de/10005590918
Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also …
Persistent link: https://www.econbiz.de/10010790360
The Malawi Growth and Development Strategy II (MGDS-II) is a poverty reduction strategy for the period 2006–11, which is aimed at fulfilling Malawi’s future developmental aspiration—Vision 2020. The strategy identifies broad thematic areas and key priority areas to bring...
Persistent link: https://www.econbiz.de/10011244829
Lesotho’s National Strategic Development Plan (NSDP) serves as an implementation strategy for the national vision. It recognizes the significant challenges Lesotho faces in reducing poverty and making growth more broad-based. Overall, it presents a coherent analysis and offers an...
Persistent link: https://www.econbiz.de/10011245226