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Decentralization and Macroeconomic Management

Ter-Minassian, Teresa - 1997

decentralization and the potential trade-offs between decentralization and income redistribution. By contrast, it has generally put … less emphasis on the effects of decentralization on macroeconomic management, although policymakers worldwide increasingly … have to grapple with these effects. This paper examines the constraints that a high degree of decentralization can place on …

Persistent link: https://www.econbiz.de/10014401198

The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America

Parry, Taryn - International Monetary Fund (IMF) - 2007

Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will...

Persistent link: https://www.econbiz.de/10005826063

When is Growth Pro-Poor? Cross-Country Evidence

Kraay, Aart - International Monetary Fund (IMF) - 2004

Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a poverty-reducing pattern of growth in relative incomes. I...

Persistent link: https://www.econbiz.de/10005605055

Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China

Lee, Il Houng; Syed, Murtaza H.; Wang, Xin - International Monetary Fund (IMF) - 2013

This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export-led growth model. Between Chinese households, we find that the...

Persistent link: https://www.econbiz.de/10010790266

Inclusive Growth; Measurement and Determinants

Anand, Rahul; Mishra, Saurabh; Peiris, Shanaka J. - International Monetary Fund (IMF) - 2013

We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are calibrated by combining PPP GDP per capita and income distribution from survey data....

Persistent link: https://www.econbiz.de/10011242387

Defining Financial Stability

Schinasi, Garry J. - International Monetary Fund (IMF) - 2004

The main objective of this paper is to propose a definition of financial stability that has some practical and operational relevance. Financial stability is defined in terms of its ability to facilitate and enhance economic processes, manage risks, and absorb shocks. Moreover, financial...

Persistent link: https://www.econbiz.de/10005605285

Crouching beliefs, hidden biases : the rise and fall of growth narratives

Chérif, Réda; Engher, Marc; Hasanov, Fuad - 2020

Persistent link: https://www.econbiz.de/10012392481

Developing Economies with Industrial Policy: Towards a Toolbox for Economic Growth. With Case Studies of Jordan and Egypt

Benner, Maximilian - Volkswirtschaftliche Fakultät, … - 2013

During the past two decades, the “Washington Consensus” has been the dominant recipe for unleashing economic growth in developing countries. In view of the strong criticism mounted against it, it seems to have lost prominence recently. The success of the East Asian newly industrialized...

Persistent link: https://www.econbiz.de/10011260809

Is there a one-size-fits-all approach to inclusive growth? : a case study analysis

Balasubramanian, Sriram; Bounader, Lahcen; Bricco, Jana; … - 2021

Is there a one-size-fits-all approach to inclusive growth? We look at four key case studies across advanced and emerging markets-the Nordics, India, Brazil, and Egypt-to try to answer this question. We highlight qualitatively in these countries the key components of inclusive growth models,...

Persistent link: https://www.econbiz.de/10012605019

Economic Growth, Income Distribution, and Poverty in Poland During Transition

Paci, Pierella; Sasin, Martin J.; Verbeek, Jos - 2013

The authors attempt to analyze the linkages between macroeconomic policies and economic growth variables, their movement over time, and their impact on poverty in the case of Poland. Poland, a middle-income country, is of particular interest because its data sources allow for a relatively...

Persistent link: https://www.econbiz.de/10012559898

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