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The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...
Persistent link: https://www.econbiz.de/10010653526
policy implications. Especially for resource exporters with fiscal vulnerabilities to shocks and sustainability issues …
Persistent link: https://www.econbiz.de/10010655037
Since 2001, the Latin American and Caribbean Macro Watch (LMW) has been a key source of independent macroeconomic analysis for regional monitoring and forecasts. Data is organized at the global, sub-regional, and country level, the latter typically divided into economic activity and employment,...
Persistent link: https://www.econbiz.de/10010673428
a poverty reduction strategy. As a result, the paper analyses the role of exchange rate policy, capital controls and … countercyclical fiscal policy in generating or avoiding crisis. Responses to macroeconomic crisis are assessed by considering the … effects of different policy combinations, the use of safety nets and the composition of fiscal adjustment to protect the …
Persistent link: https://www.econbiz.de/10010653720
This report reviews and analyzes key aspects of the bloc's integration process in relation to both the internal and external agendas in the period from July 2009 to June 2010. The opening two chapters respectively analyze the macroeconomic outlook of the economies of the Southern Common Market...
Persistent link: https://www.econbiz.de/10010711692
This paper compares the experience of growth performance and macroeconomic adjustment between East Asia and Latin America from 1970 to 2000.
Persistent link: https://www.econbiz.de/10009198318
a poverty reduction strategy. As a result, the paper analyses the role of exchange rate policy, capital controls and … countercyclical fiscal policy in generating or avoiding crisis. Responses to macroeconomic crisis are assessed by considering the … effects of different policy combinations, the use of safety nets and the composition of fiscal adjustment to protect the …
Persistent link: https://www.econbiz.de/10009199282
This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone … 2008 to implement a countercyclical policy thanks to increases in primary balances, improvements in sustainability … countercyclical policy was supported by a shift towards more flexible exchange rate regimes, and monetary policy regimes that enhanced …
Persistent link: https://www.econbiz.de/10010652946
Beyond Reforms presents the contributions of some United Nations Economic Commission for Latin America and the Caribbean (ECLAC) analysts as well as research articles prepared for the Commission. It reviews long-term growth and development patterns and focuses on macroeconomic vulnerability and...
Persistent link: https://www.econbiz.de/10010772518
En este trabajo se analiza el esfuerzo fiscal que realizan los municipios guatemaltecos sobre el recaudo de su principal ingreso tributario, el Impuesto Único Sobre Inmuebles (IUSI). Los resultados del estudio indican que el esfuerzo fiscal municipal es bajo y lejano a su potencial en el caso...
Persistent link: https://www.econbiz.de/10010653235