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Johnson, Omotunde E. G. - 1997

A government desiring support for its policy reform program, without coercion, behaves as if it faces a political … succeed and the outcome will be in their individual self-interest. Government behavior has implications for the program, whose … government uses various devices to mobilize support for its program. An informed expert could design a program acceptable to both …

Persistent link: https://www.econbiz.de/10014403279

The Role of Structural Reforms in Raising Economic Growth in Central America

Swiston, Andrew - 2011

Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been slow. Moreover, forecasts imply that these trends will continue. What can be done...

Persistent link: https://www.econbiz.de/10014397894

Political Instability and Growth : The Central African Republic

Ghura, Dhaneshwar - 2004

This paper provides empirical evidence that the propensity for political instability in the Central African Republic (C.A.R.) has been increased by low tax revenues and deteriorations in the terms of trade. The direct effect of political instability on economic growth is not statistically...

Persistent link: https://www.econbiz.de/10014401350

Post-Covid-19 recovery and resilience : leveraging reforms for growth and inclusion in Sub-Saharan Africa

Hong, Gee Hee; Igan, Deniz; Lee, Do - 2021

Covid-19 has exacerbated economic and social vulnerabilities across Sub-Saharan Africa (SSA). There is a risk that growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important, especially with constrained scope for fiscal and monetary...

Persistent link: https://www.econbiz.de/10012518323

The Transition Economies After Ten Years

Fischer, Stanley - 2000

This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...

Persistent link: https://www.econbiz.de/10014399915

Political uncertainty, realized volatility, and jumps in the Chinese stock market

Jiang, Yanhui; Liu, Liang; Hong, Yun - In: Applied economics letters 28 (2021) 6, pp. 518-522

Persistent link: https://www.econbiz.de/10012485065

Market reactions to political uncertainty : evidence from Taiwan accidentally fires missile towards Mainland China

Liu, Yitong; Ma, Yunbiao; Shi, Beibei - In: Applied economics letters 31 (2024) 10, pp. 875-879

Persistent link: https://www.econbiz.de/10014557901

High Growth and Low Consumption in East Asia : How to Improve Welfare While Avoiding Financial Failures

Rochon, Céline - 2007

, loosely based upon China. We calibrate a benchmark equilibrium, and carry out various counterfactual simulations to analyze …

Persistent link: https://www.econbiz.de/10014401067

Budgetary Subsidies in Centrally Planned Economies in Transition

Holzmann, Robert - 1991

This paper analyzes budgetary subsidy policy issues that arise when centrally planned economies move toward a market economy. The analysis suggests that subsidy reduction, to be successful, has to be embedded into an overall economic reform program and that during the program’s execution,...

Persistent link: https://www.econbiz.de/10014396451

Tax Reform in Economies in Transition : A Brief Introduction to the Main Issues

Tanzi, Vito - 1991

The transition from a command to a market economy requires profound reforms of the tax system. Such a transition will put downward pressures on the level of taxation at a time when public expenditure remains high. This paper outlines the main characteristics of the tax systems in...

Persistent link: https://www.econbiz.de/10014396003

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