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People have used steel since ancient times, after blacksmiths discovered that iron became harder and stronger after being placed in charcoal furnaces. Today, steel is present in virtually every aspect of people's lives, from homes and hospitals to roads and other infrastructure that provide the...
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performance of the labor market. High wages compared to productivity in the formal sector, the large and growing share of workers …
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This paper analyzes the potential economic impact of changes to the labor laws proposed in 2006. The economic logic behind these reforms is reviewed, and the conditions under which the reforms could be expected to have the maximum impact on employment are isolated. Next, the experiences of...
Persistent link: https://www.econbiz.de/10012557731
inflation, and hurt growth. Although commodity prices have come down recently, the benefits are being clouded by the emergence … monetary policy to reduce inflation, and increased spending on a range of safety net programs for the poor. Some of the …, policy attention now needs to shift toward efforts to increase farm productivity, improve rural infrastructure, and lower the …
Persistent link: https://www.econbiz.de/10010520963
"This paper uses a computable general equilibrium model to assess the welfare impact of commodity price inflation in … inflation since 2006 may have had a significantly negative impact on all Tanzanian households. Most of the negative impact comes … shielded from global commodity inflation because they derive a larger share of their incomes from agricultural activity and …
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"Emerging market economies (EMEs) have experienced a noticeable decline in inflation since the mid-1990s. Whether this … with the start of 24 inflation episodes in 15 EMEs between 1980 and 2001. They use pooled probit analysis to estimate the … contribution of the key factors to inflation starts. Their empirical results suggest that increases in the output gap, agricultural …
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