Showing 1 - 10 of 117
This paper explores inflation dynamics and monetary policy in Bolivia. Bolivia's monetary policy framework has been … effective in stabilizing inflation in recent times. This has been a challenging task given high price volatility of key consumer … framework has contributed to the stabilization of inflation, with effective transmission through the bank lending channel, while …
Persistent link: https://www.econbiz.de/10012998770
With the recent jump in world oil prices, the issue of petroleum product pricing has become increasingly important in developing countries. Reflecting a reluctance of many governments to pass these price increases onto energy users, energy price subsidies are absorbing an increasing share of...
Persistent link: https://www.econbiz.de/10012779102
-our results imply that the recent fall in prices could depress GDP per capita by several percentage points. Last, we use Bolivia …
Persistent link: https://www.econbiz.de/10012960578
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10013047972
This paper examines the impact of the new financial services law in Bolivia-including credit quotas and interest rate …
Persistent link: https://www.econbiz.de/10012998769
We investigate the factors driving Bolivia's success in reducing inequality and poverty during the last 15 years. Our …
Persistent link: https://www.econbiz.de/10012998772
Bolivia's 'Patriotic Agenda 2025' sets targets for social and economic development propelled by state …
Persistent link: https://www.econbiz.de/10012864116
Bolivia has achieved noteworthy success over the past 15 years in raising incomes, reducing poverty, and maintaining …
Persistent link: https://www.econbiz.de/10013295002
We revisit Lipset's law, which posits a positive and significant relationship between income and democracy. Using … democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …
Persistent link: https://www.econbiz.de/10013086006
This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and...
Persistent link: https://www.econbiz.de/10013015609