growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal …

-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt … sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public … learn how to invest more efficiently, accelerating public capital accumulation and therefore growth. We discuss the pros and …

significant contribution to growth, while maintaining fiscal sustainability …This paper assesses the implications of the use of oil revenue for public investment on growth and fiscal … sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to analyze the effects of such investment on …

Before the pandemic, the South African economy remained stuck in low gear, with anemic growth, stagnant private … investment, and a shrinking tradable sector. Subdued growth has raised unemployment, poverty, and inequality, hindering inclusion … critically on structural reforms to boost competiveness and growth. Product markets represent a cornerstone of the reform …

This paper measures the extent to which South African economic growth is an engine of growth in sub-Saharan Africa …. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a … substantial positive impact on growth in the rest of Africa, even after controlling for other growth determinants. The estimates …

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly … promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which … supports labor market reforms can boost longer-term growth. However, despite rapid increases recently - albeit from a low base …

Inclusive growth, narrowly defined in this paper as growth that helps reduce inequality, is achieved if consumption of …

, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress …

promote higher economic growth and employment, especially in the Middle East and Central Asia regions. First, we show that … find substantial employment and labor productivity growth gains at the firm level from access to credit, gains that are … higher for SMEs. We also obtain evidence of a substantial positive impact on SME employment and labor productivity growth …

growth and prosperity. Nevertheless, tapping into natural resources could be challenging given the large front … growth for Mongolia …