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Fueling or Following Growth? Causal Effects of Capital Inflows on Recipient Economies
End, Nicolas - 2024
Identifying the causal impact of capital inflows on growth and development has been a perennial challenge. This paper proposes a new way to investigate the effect of capital flows on recipient emerging and developing economies, using shift-share instruments and correcting for indirect flows. It...
Persistent link: https://www.econbiz.de/10015058746
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Fiscal Policy and Economic Development
Mourmouras, Alex - 2008
This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3)...
Persistent link: https://www.econbiz.de/10012677599
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Debt Overhang Model for Low-Income Countries : Implications for Debt Relief
Koeda, Junko - 2006
Persistent link: https://www.econbiz.de/10012691033
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Economic Transformation, Population Growth, and the Long-Run World Income Distribution.
Chamon, Marcos - 2006
Persistent link: https://www.econbiz.de/10012691055
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Public investment, growth, and debt sustainability : putting together the pieces
Buffie, Edward E.; Berg, Andrew; Pattillo, Catherine A.; … - 2012
We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions necessary to ensure debt-sustainability; and (iv)...
Persistent link: https://www.econbiz.de/10009618586
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Economic Growth After Debt Surges
Jalles, João Tovar - 2022
Debt levels, both private and public, were already at record highs before the Covid-19 pandemic, and surged further in 2020. The high indebteness raises concerns whether it will undermine future growth prospects. This paper contributes to the ongoing debate by examining what happens to economic...
Persistent link: https://www.econbiz.de/10015060215
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Development Aid and Economic Growth
Reddy, Sanjay - 2009
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10012677788
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Forecasting Inflation in Sudan
Moriyama, Kenji - 2009
This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and … by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during … indicators explaining inflation in Sudan. Inflation forecasts based on both approaches suggest that inflationary pressures for …
Persistent link: https://www.econbiz.de/10012677800
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Reported Social Unrest Index: August 2023 Update
Barrett, Philip - 2023
This paper is the second update of the Reported Social Unrest Index (Barrett et al. 2022), outlining developments in global social unrest since March 2022. It shows that the fraction of countries experiencing major social unrest events has been stable. Reasons for social unrest can be broadly...
Persistent link: https://www.econbiz.de/10015059166
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Climate Shocks and Domestic Conflicts in Africa
Diallo, Yoro - 2022
This paper analyzes the interlinkages between climate shocks, domestic conflicts, and policy resilience in Africa. It builds on a Correlated Random Effect model to asess these interrelationships on a broad sample of 51 African countries over the 1990-2018 period. We find suggestive evidence that...
Persistent link: https://www.econbiz.de/10015059895