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Tourism Specialization and Economic Development
Piotrowski, John M. - 2009
The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques for a large cross-section of countries for the period...
Persistent link: https://www.econbiz.de/10012677835
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Analyzing Fiscal Space Using the MAMS Model
Fund, International Monetary - 2009
This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education...
Persistent link: https://www.econbiz.de/10012677888
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Growth and Productivity in Papua New Guinea.
Faal, Ebrima - 2006
Intro -- Contents -- I. INTRODUCTION -- II. STRUCTURE OF THE ECONOMY -- III. TRENDS IN GDP AND PER CAPITA GDP GROWTH -- IV. GROWTH ACCOUNTING AND TOTAL FACTOR PRODUCTIVITY -- V. IMPLICATIONS FOR MEDIUM-TERM GROWTH -- VI. DETERMINANTS OF PRODUCTIVITY IN PAPUA NEW GUINEA -- VII. SUMMARY AND...
Persistent link: https://www.econbiz.de/10012691125
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Tanzania's Equilibrium Real Exchange Rate
Hobdari, Niko - 2008
Tanzania's real effective exchange rate (REER) has depreciated sharply since end-2000, reversing the appreciation that … approach, suggest that Tanzania's REER is currently modestly undervalued relative to its estimated equilibrium level. Looking … expected recovery in terms of trade. In addition, capital inflows to Tanzania could be significantly higher than cu …
Persistent link: https://www.econbiz.de/10012677457
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A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania
Kim, Daehaeng - 2009
A zero net domestic financing (NDF) target has served Tanzania well in recent years, contributing to prudent …, may serve Tanzania better. The ""diamond rule"" proposed in this paper incorporates a permanent hard ceiling on debt and …
Persistent link: https://www.econbiz.de/10012677495
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Empirical Investigation of the Exchange Rate Pass-Through to Inflation in Tanzania.
Mwase, Nkunde - 2006
Intro -- Contents -- I. INTRODUCTION -- II. MONEY, EXCHANGE RATES, AND INFLATION IN TANZANIA -- III. A SURVEY OF THE …
Persistent link: https://www.econbiz.de/10012690980
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Household Consumption Volatility and Poverty Risk : Case Studies from South Africa and Tanzania
Bellon, Matthieu - 2020
fluctuations, raising the incidence of poverty. Drawing on micro-level data from South Africa and Tanzania, we examine the … are most prevalent and which consumption-smoothing mechanisms are available. In Tanzania, agricultural shocks are an …
Persistent link: https://www.econbiz.de/10014407884
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Creating Sustainable Fiscal Space for Infrastructure : The Case of Tanzania
Ter-Minassian, Teresa - 2008
financing to meet Tanzania's infrastructure needs. It begins with a brief survey of the evidence on the relationship between … investment in Tanzania. The second part of the paper looks at five broad options for mobilizing additional resources to meet … Tanzania's infrastructure needs: (i) direct private investment and PPPs, (ii) expenditure reprioritization and efficiency, (iii …
Persistent link: https://www.econbiz.de/10014409074
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Credit Market in Morocco
Oulidi, Nada - 2009
In this paper we use a disequilibrium framework common in the "credit crunch" literature, first to examine whether the slow credit growth in Morocco during the rapid expansion of liquidity in the first half of the decade can be attributed to credit rationing, and second to investigate the role...
Persistent link: https://www.econbiz.de/10012677744
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Modernizing Bank Regulation in Support of Financial Deepening
Wezel, Torsten - 2009
This paper studies how Uruguay's regulatory framework was gradually strengthened to address shortcomings identified during the 2002-03 crisis, to align with international standards and, more recently, to deal with cyclical pressures resulting in an acceleration of bank lending. In particular,...
Persistent link: https://www.econbiz.de/10012677865