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that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
Persistent link: https://www.econbiz.de/10013129862
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10013072104
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010718528
unprecedented growth and economic development — PRC and India became the second and fourth largest economies of the world …. This has resulted in a remarkable poverty reduction in the last two to three decades in the two economies. PRC and India … provide lessons to the developing world, particularly emerging economies, that are also struggling to improve their economic …
Persistent link: https://www.econbiz.de/10012995197
The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially depends on the effectiveness of monitoring...
Persistent link: https://www.econbiz.de/10013316367
In recent decades the Indian subcontinent has displayed remarkable invariance in the incidence of working poverty … despite strong economic performance. It is widely held that education can rescue households from various types of poverty … though social deviance in acquiring education can throw subjects into abject poverty. In particular, the paper examines the …
Persistent link: https://www.econbiz.de/10013075953
(2012) find a positive effect of the reform on lone mothers’ labour supply and a small reduction in poverty. Is the best … result that policy makers could obtain in terms of poverty reduction? In this paper, I estimate a discrete choice model of … have minimized poverty among lone mothers …
Persistent link: https://www.econbiz.de/10013315723
Economic research has considered Private Debt a determinant of GDP growth for years. By keeping this perspective, the objective of this work is to understand how much of the GDP response to a monetary shock is due to the variation of private debt. This is the marginal contribution of private...
Persistent link: https://www.econbiz.de/10012953691
We employ two-stage empirical strategy to analyze the impact of macroeconomic news and central bank communication on the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal equilibrium exchange rate based on a monetary model....
Persistent link: https://www.econbiz.de/10013079876
This paper surveys recent advances in the monetary transmission mechanism (MTM). In particular, while laying out the functioning of the separate channels in the MTM, special attention is paid to exploring possible interrelations between different channels through which they may amplify or...
Persistent link: https://www.econbiz.de/10012754233