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Disposal is Not Free : Fiscal Instruments to Internalize the Environmental Costs of Solid Waste

Matheson, Thornton - 2020

This paper provides an overview of global solid waste generation, its environmental costs, and fiscal instruments that … can be used to encourage waste reduction and finance proper disposal. Countries—especially island nations—struggle to … manage an ever-increasing volume of solid waste, generation of which is projected to exceed 2 billion tons a year by 2025 …

Persistent link: https://www.econbiz.de/10012843311

Transforming Non-Renewable Resource Economies (NREs)

Battaile, Bill - 2015

This paper provides an empirical benchmarking of growth, productivity and export patterns for developing NREs against other low and middle income developing countries, to inform policy discussions and future analytical work. There is stark heterogeneity in the association of resource sector and...

Persistent link: https://www.econbiz.de/10013015610

The Effects of U.S. Unconventional Monetary Policy on Asia Frontier Developing Economies

Rafiq, Sohrab - 2015

This paper explores the effect of U.S. unconventional monetary policy (QE2) on a group of frontier developing economies (FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative insulation of emerging Asia from the global financial...

Persistent link: https://www.econbiz.de/10013027617

Structural Reforms and Productivity Growth in Emerging Market and Developing Economies

Dabla-Norris, Era - 2016

This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...

Persistent link: https://www.econbiz.de/10012996099

Donor Competition for Aid Impact, and Aid Fragmentation

Annen, Kurt - 2012

This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors'...

Persistent link: https://www.econbiz.de/10013098604

Financial Intermediation Costs in Low-Income Countries : The Role of Regulatory, Institutional, and Macroeconomic Factors

Poghosyan, Tigran - 2012

We analyze factors driving persistently higher financial intermediation costs in low-income countries (LICs) relative to emerging market (EMs) country comparators. Using the net interest margin as a proxy for financial intermediation costs at the bank level, we find that within LICs a...

Persistent link: https://www.econbiz.de/10013102263

Tariff-Tax Reforms in Large Economies

Ganelli, Giovanni - 2012

This paper studies tariff-tax reforms in a calibrated two-region global New Keynesian model composed of a developing and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries can reduce domestic welfare. The reason is that the...

Persistent link: https://www.econbiz.de/10013102266

The Effects of Government Spending Under Limited Capital Mobility

Shen, Wenyi - 2012

This paper studies the effects of government spending under limited international capital mobility, as featured by most developing countries. While external financing of government debt mitigates the crowding-out effect, it generates real appreciation, which contracts traded output and lowers...

Persistent link: https://www.econbiz.de/10013102275

Capital Inflows, Financial Development, and Domestic Investment : Determinants and Inter-Relationships

Luca, Oana - 2012

We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment in developing countries during 2001-07, a period of surging global liquidity and low interest rates. Reductions in the global price of risk and in domestic borrowing costs were...

Persistent link: https://www.econbiz.de/10013102284

Tracking Short-Term Dynamics of Economic Activity in Low-Income Countries in the Absence of High-Frequency GDP Data

Opoku-Afari, Maxwell - 2012

This paper uses a set of routinely collected high-frequency data in low-income countries (LICs) to construct an aggregate and a comprehensive index of economic activity which could serve (i) as a measure of the direction of economic activity; and (ii) as a useful input in analyzing...

Persistent link: https://www.econbiz.de/10013102286

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