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sustained growth. Starting with a wide-ranging macroeconomic diagnosis, this monograph examines the strengths and … for competitiveness, labour market conditions and trade policy framework and performance. It also narrows the focus to …
Persistent link: https://www.econbiz.de/10010895474
The growth prospects of a nation are stymied by the burden of government debt. This study has two goals: first, it … tests whether public debt hinders growth; and, second, it explores whether economic policy ameliorates this effect. A large … panel data of countries for 1970-2010 reveal a negative and robust effect of public debt on growth. Strong institutions …
Persistent link: https://www.econbiz.de/10010943753
promoting growth, yet there is not compelling evidence regarding its effect in Latin American countries. Using a variety of … approaches, we estimate the effects on growth of the most important taxes for the region, namely personal income tax, corporate … resource. We evaluate the effect of these tax instruments on growth for Argentina, Brazil, Mexico, and Chile using vector …
Persistent link: https://www.econbiz.de/10010943781
This paper revisits economic growth in Colombia using a growth diagnostics methodology to identify the most binding … constraints for economic growth and the policies that, if implemented, can have the largest positive impact. The data shows … for economic growth, independent of whether uncertainties from poor protection to property rights are resolved. …
Persistent link: https://www.econbiz.de/10010943928
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and … quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low … improved appropriability and long-term growth. …
Persistent link: https://www.econbiz.de/10010944174
opportunities to the poor. In that sense, the links between economic growth, employment creation and the distribution of labor …
Persistent link: https://www.econbiz.de/10010944229
inflation, growth, fiscal deficit, interest rate and other variables for each country in Latin America and the Caribbean from …
Persistent link: https://www.econbiz.de/10010672456
The December 2012 surveys of expectations for inflation and growth conducted by Central Banks with inflation targeting … regimes continue to focus on 2012 and 2013 expectations. The weighted average expectation for regional growth for 2012, which … should be close to the final figure for the year, fell to 2.5%, given the fall in expected growth in Brazil down to just 1 …
Persistent link: https://www.econbiz.de/10010672977
High government debts, weak economic growth, vulnerability to external shocks and the design of sound fiscal …. Stabilization programs may harm economic growth but, under certain conditions, they could be expansionary. The main result of this …
Persistent link: https://www.econbiz.de/10010691643
The October surveys of expectations for inflation and growth conducted by Central Banks in the region indicate … increases in both growth and inflation expectations for a number of countries. Inflation expectations for 2012 have risen in … expected to be 3.3% in Peru. Growth expectations have risen in Chile, Paraguay, Peru and Uruguay. Download the data from the …
Persistent link: https://www.econbiz.de/10010673840