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Vietnam's Development Success Story and the Unfinished SDG Agenda
Baum, Anja - 2020
Despite starting as one of the poorest countries in the mid-1980s, Vietnam has achieved rapid developmental progress, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress towards the Sustainable Development Goals (SDGs) during...
Persistent link: https://www.econbiz.de/10012839679
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Solow Versus Harrod-Domar : Reexamining the Aid Costs of the First Millennium Development Goal
Erickson, Lennart Andrew - 2007
The First Millennium Development Goal (MDG#1) is to cut the fraction of global population living on less than one dollar per day in half, by 2015. Foreign aid financed investments may contribute to the attainment of this goal. But how much can aid be reasonably expected to accomplish? A...
Persistent link: https://www.econbiz.de/10012777948
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Development of the Renminbi Market in Hong Kong SAR : Assessing Onshore-Offshore Market Integration
Craig, R. - 2014
Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its currency while maintaining capital controls. This prompts two questions addressed in this paper: How far advanced is renminbi internationalization? And, what role does Chinese...
Persistent link: https://www.econbiz.de/10013051918
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Exiting from Fragility in Sub-Saharan Africa : The Role of Fiscal Policies and Fiscal Institutions
Deléchat, Corinne - 2016
This paper studies the role of fiscal policies and institutions in building resilience in sub-Saharan African countries … address endogeneity and reverse causality. We find that fiscal institutions and fiscal space, namely the capacity to raise tax … institutions in fragile states. The international community can help this process through policy advice, technical assistance, and …
Persistent link: https://www.econbiz.de/10012998767
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Business Cycle Fluctuations, Large Shocks, and Development Aid : New Evidence
Dabla-Norris, Era; Minoiu, Camelia; Zanna, Luis-Felipe - 2016
presence of IMF programs and are more counter-cyclical for recipient countries with stronger institutions …
Persistent link: https://www.econbiz.de/10014189315
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Does Lower Debt Buy Higher Growth? The Impact of Debt Relief Initiatives on Growth
Marcelino, Sandra - 2015
In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative — a comprehensive debt relief program aimed at reducing the external debt burden of eligible countries to sustainable levels, provided they carry out strong programs of macroeconomic adjustment and...
Persistent link: https://www.econbiz.de/10013028675
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Global Risks and Collective Action Failures : What Can the International Community Do?
Otker-Robe, Inci - 2014
What do climate change, global financial crises, pandemics, and fragility and conflict have in common? They are all examples of global risks that can cross geographical and generational boundaries and whose mismanagement can reverse gains in development and jeopardize the well-being of...
Persistent link: https://www.econbiz.de/10013043705
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The Aggregate and Distributional Effects of Financial Globalization : Evidence from Macro and Sectoral Data
Furceri, Davide - 2018
-financial globalization. Both country- and industry-level resultssuggest that such policies have led on average to limited output gains while …
Persistent link: https://www.econbiz.de/10012918557
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Global Smartphones Sales May Have Peaked
Mongardini, Joannes - 2020
Global smartphone sales may have peaked. After reaching nearly 1.5 billion units in 2016, global smartphone sales have since declined, contributing negatively to world trade in 2019 and suggesting that the global market may now be saturated. This paper develops a simple model to forecast...
Persistent link: https://www.econbiz.de/10012829702
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Capital Account Liberalization and Inequality
Furceri, Davide - 2016
This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also...
Persistent link: https://www.econbiz.de/10012999758