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Can Digitalization Help Deter Corruption in Africa?
Ouedraogo, Rasmané - 2020
This paper studies the effect of digitalization on the perception of corruption and trust in tax officials in Africa … digital adoption is associated with a reduction in the perception of corruption and an increase in trust in tax officials … the use of Internet on the perception of corruption. Yet, the paper shows that the dampening effect of digitalization on …
Persistent link: https://www.econbiz.de/10012829704
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Macro-Fiscal Gains from Anti-Corruption Reforms in the Republic of Congo
Melina, Giovanni - 2019
This paper argues that oil revenue management and public investment in Congo are vulnerable to corruption as a result … of limited transparency and accountability. Corruption has potentially contributed to poor macro-fiscal outcomes. The … paper acknowledges the authorities' anti-corruption efforts made so far and proposes further critical reforms to reduce …
Persistent link: https://www.econbiz.de/10012867679
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Advancing Inclusive Growth in Cambodia
Hansen, Niels-Jakob - 2019
We evaluate the impact of fiscal reforms on growth and inequality in Cambodia using a calibrated general equilibrium model with heterogeneous agents (Peralta-Alva et al., 2018). Over the last two decades, Cambodia's consumption inequality and poverty have declined. However, income inequality is...
Persistent link: https://www.econbiz.de/10012860994
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The Value Added Tax and Growth : Design Matters
Acosta Ormaechea, Santiago - 2019
Does the design of a tax matter for growth? Assembling a novel dataset for 30 OECD countriesover the 1970-2016 period, this paper examines whether the value added tax (VAT) may havedifferent effects on long-run growth depending on whether it is raised through the standard rateor through...
Persistent link: https://www.econbiz.de/10012868460
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The Motives to Borrow
Fatás, Antonio - 2019
Governments issue debt for good and bad reasons. While the good reasons-intertemporal tax-smoothing, fiscal stimulus, and asset management-can explain some of the increases in public debt in recent years, they cannot account for all of the observed changes. Bad reasons for borrowing are driven...
Persistent link: https://www.econbiz.de/10012868479
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Macroeconomic Policy, Product Market Competition, and Growth : The Intangible Investment Channel
Ahn, JeaBin - 2020
While there is growing evidence of persistent or even permanent output losses from financial crises, the causes remain unclear. One candidate is intangible capital - a rising driver of economic growth that, being non-pledgeable as collateral, is vulnerable to financial frictions. By sheltering...
Persistent link: https://www.econbiz.de/10012840222
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Job Protection Deregulation in Good and Bad Times
Duval, Romain - 2018
This paper explores the short-term employment effect of deregulating job protection forregular workers and how it varies with prevailing business cycle conditions. We apply a localprojection method to a newly constructed 'narrative' dataset of major regular job protectionreforms covering 26...
Persistent link: https://www.econbiz.de/10012929932
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Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets
Buffie, Edward F. - 2020
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector....
Persistent link: https://www.econbiz.de/10012828060
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Inequality of Opportunity, Inequality of Income and Economic Growth
Aiyar, Shekhar S. - 2019
We posit that the relationship between income inequality and economic growth ismediated by the level of equality of opportunity, which we identify with intergenerationalmobility. In economies characterized by intergenerational rigidities, an increase in incomeinequality has persistent...
Persistent link: https://www.econbiz.de/10012889158
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Reinvigorating Growth in Belize
Vasilyev, Dmitry - 2019
In the 1990s and early 2000s, Belize grew faster than its regional peers. By the mid-2000s, however, economic growth had slowed down to the regional average. A vicious circle of low growth and increasing public debt has been clouding Belize's outlook. This paper applies a growth diagnostic...
Persistent link: https://www.econbiz.de/10012889168