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U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Mühleisen, Martin; Towe, Christopher M. - International Monetary Fund (IMF) - 2004
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...
Persistent link: https://www.econbiz.de/10005824863
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Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasison Germany
Strand, Jon - International Monetary Fund (IMF) - 2007
This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological...
Persistent link: https://www.econbiz.de/10005605334
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Who's Going Green and Why? Trends and Determinants of Green Investment
Eyraud, Luc; Zhang, Changchang; Wane, Abdoul Aziz; … - International Monetary Fund (IMF) - 2011
This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset...
Persistent link: https://www.econbiz.de/10009401202
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Does Openness Matter for Financial Development in Africa?
David, Antonio; Mlachila, Montfort; Moheeput, Ashwin - International Monetary Fund (IMF) - 2014
(SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence …
Persistent link: https://www.econbiz.de/10010790350
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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 good—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
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The Pacific Speed of Growth; How Fast Can It Be and What Determines It?
Yang, Yongzheng; Chen, Hong; Singh, Shiu raj; Singh, Baljeet - International Monetary Fund (IMF) - 2013
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
Persistent link: https://www.econbiz.de/10011242206
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The Growth Comeback in Developing Economies; A New Hope or Back to the Future?
Bluedorn, John C; Duttagupta, Rupa; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2013
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...
Persistent link: https://www.econbiz.de/10011242243
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Aid, Exports, and Growth; A Time-Series Perspective on the Dutch Disease Hypothesis
Kang, Joong Shik; Prati, Alessandro; Rebucci, Alessandro - International Monetary Fund (IMF) - 2013
We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports …
Persistent link: https://www.econbiz.de/10011242264
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Determinants of Growth Spells; Is Africa Different?
Tsangarides, Charalambos G. - International Monetary Fund (IMF) - 2012
of the world, or because of different factors altogether? To answer this question, we examine determinants of growth … spells in Africa and the rest of the world using Bayesian Mode Averaging techniques for proportional hazards models. We … from those in the rest of the world. The majority of the identified robust determinants have a distinct impact in only one …
Persistent link: https://www.econbiz.de/10011242395
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Are the Asia and Pacific Small States Different from Other Small States?
Tumbarello, Patrizia; Cabezon, Ezequiel; Wu, Yiqun - International Monetary Fund (IMF) - 2013
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards relative to other small states due to their small populations, geographical isolation and dispersion, narrow export and production bases, exposure to shocks, and heavy...
Persistent link: https://www.econbiz.de/10010790232