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Short-And Long-Term Poverty and Social Policy in a ""Snakes and Ladders"" Model of Growth

Cuevas, Alfredo - 2001

these policies, especially in the short term. However, the failure to attack long-term poverty can reduce long-run growth …Throughout the world, the great popularity of programs to protect those who may fall into poverty stands in contrast … with the weakness of policies aimed at helping individuals who are already poor to overcome long-term poverty. In the paper …

Persistent link: https://www.econbiz.de/10014401452

Fiscal sustainability and the fiscal reaction function for South Africa

Burger, Philippe; Stuart, Ian; Jooste, Charl; Cuevas, … - 2011

Persistent link: https://www.econbiz.de/10009486234

Dynamic Gains From Trade : Evidence From South Africa

Subramanian, Arvind - 2000

trade and TFP growth both over time and across sectors …

Persistent link: https://www.econbiz.de/10014399824

Fiscal Sustainability and the Fiscal Reaction Function for South Africa

Jooste, Charl - 2011

How does the South African government react to changes in its debt position? In investigating the question, this paper estimates fiscal reaction functions using various methods (OLS, VAR, TAR, GMM, State-Space modelling and VECM). The paper finds that since 1946 the South African government has...

Persistent link: https://www.econbiz.de/10014401110

Monetary Policy and Relative Price Shocks in South Africa and Other Inflation Targeters

Cuevas, Alfredo - 2008

When faced with a relative price shock, monetary authorities often aim to contain its second round effects on inflation while accepting first round effects. We analyze the experience of South Africa and other inflation targeters to explore whether and when this policy prescription implies...

Persistent link: https://www.econbiz.de/10014401982

What Does South Africa's Pattern of Trade Say About its Labor Markets?

Subramanian, Arvind - 2001

This paper examines the factor intensity of South Africa''s trade. The conclusion is that South Africa is revealed though its trade pattern to be capital abundant (relative to labor). Surprisingly, this result holds especially for South Africa''s trade with its high income partners, which should...

Persistent link: https://www.econbiz.de/10014403673

Aid and Growth : What Does the Cross-Country Evidence Really Show?

Rajan, Raghuram - 2005

We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid … evidence of a positive (or negative) relationship between aid inflows into a country and its economic growth. We also find no …: what aspects of aid offset what ought to be the indisputable growth enhancing effects of resource transfers? Thus, our …

Persistent link: https://www.econbiz.de/10014400078

Institutions Rule : The Primacy of Institutions Over Integration and Geography in Economic Development

Subramanian, Arvind - 2002

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for...

Persistent link: https://www.econbiz.de/10014401492