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together the literature that links external debt with income growth and poverty. The main conclusion is that once the effect of …This paper explores the relationship between external debt and poverty. A number of observers have argued that high … external indebtedness is a major cause of poverty. Using the first-differenced general method of moments (GMM) estimator, the …
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, and high levels of poverty, unemployment, and inequality. Drawing on the literature, the paper sketches some policy …, language, geographic location, and socio-economic status. Low educational achievement contributes to low productivity growth …
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This paper investigates the key factors that explain the documented decline in the exchange rate pass-through in South Africa over the past two decades, which coincides with the adoption of the inflation-targeting regime. The paper conjectures, in line with the literature, that this outcome is...
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