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Breaking the Curse of Sisyphus; An Empirical Analysis of Post-Conflict Economic Transitions
Cevik, Serhan; Rahmati, Mohammad - International Monetary Fund (IMF) - 2013
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the … moments. In addition to an array of demographic, economic, geographic, and institutional variables, we introduce an estimated …, contribute to post-conflict economic performance. …
Persistent link: https://www.econbiz.de/10011242246
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Middle East Transitions: A Long, Hard Road
Yusuf, Shahid - International Monetary Fund (IMF) - 2014
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab …
Persistent link: https://www.econbiz.de/10011142081
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The Macroprudential Framework; Policy Responsiveness and Institutional Arrangements
Lim, Cheng Hoon; Krznar, Ivo; Lipinsky, Fabian; Otani, Akira - International Monetary Fund (IMF) - 2013
This paper gauges if, and how, institutional arrangements are correlated with the use of macroprudential policy instruments. Using data from 39 countries, the paper evaluates policy response time in various types of institutional arrangements for macroprudential policy and finds that the...
Persistent link: https://www.econbiz.de/10011242316
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Public Investment as an Engine of Growth
Warner, Andrew M. - International Monetary Fund (IMF) - 2014
accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were …
Persistent link: https://www.econbiz.de/10010959467
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Public Investment, Public Finance, and Growth: The Impact of Distortionary Taxation, Recurrent Costs, and Incomplete Appropriability
Adam, Christopher; Bevan, David - International Monetary Fund (IMF) - 2014
Effective public investment requires governments to address the "recurrent cost problem" to ensure operations and maintenance (O&M) expenditures are sufficient to sustain the flow of productive public capital services to private factors of production. Building on the model of Buffie et al...
Persistent link: https://www.econbiz.de/10010790277
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Slowdown in Emerging Markets: Sign of a Bumpy Road Ahead?
Tsounta, Evridiki - International Monetary Fund (IMF) - 2014
Following very strong growth during the period 2000–12, emerging market economies (EMEs) experienced a slowdown in the last couple of years. This paper examines the supply-side drivers of the strong growth performance of 63 EMEs and investigates if the recent slowdown in growth is...
Persistent link: https://www.econbiz.de/10011142160
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Tax composition and growth : a broad cross-country perspective
Acosta-Ormaechea, Santiago; Yoo, Jiae - 2012
We investigate the relation between changes in tax composition and long-run economic growth using a new dataset …
Persistent link: https://www.econbiz.de/10009659768
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Social spending in Korea : can it foster sustainable and inclusive growth?
Elekdaǧ, Selim Ali - 2012
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly …
Persistent link: https://www.econbiz.de/10009659803
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Caribbean growth in an international perspective : the role of tourism and size
Thacker, Nita; Acevedo, Sebastian; Perrelli, Roberto - 2012
After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country...
Persistent link: https://www.econbiz.de/10009659894
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Too much finance?
Arcand, Jean-Louis L.; Berkes, Enrico; Panizza, Ugo - 2012
economic growth. We use different empirical approaches to show that there can indeed be ""too much"" finance. In particular …
Persistent link: https://www.econbiz.de/10009618521