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Inflation Dynamics in the Western Balkans

Minasyan, Gohar - 2023

After trailing Euro Area inflation closely in the recent past, inflation in the Western Balkans has accelerated faster since early 2022 on the back of the shocks to global commodity prices, strong recovery from the pandemic, and lingering supply bottlenecks. This paper employs two complementary...

Persistent link: https://www.econbiz.de/10015059645

The Future of PPPs in the Western Balkans

Martijn, Jan - 2023

Public-Private Partnerships (PPPs) are increasingly an important vehicle for several Western Balkan countries to increase investment to reduce their infrastructure gaps. While there are benefits to well-designed and implemented PPPs, they also carry a potential for large fiscal risks and...

Persistent link: https://www.econbiz.de/10015059689

Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries

Mongardini, Joannes - 2009

grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques …. The results indicate that grants and remittances are not associated, in the long run, with an appreciation of the real … and remittances may be serving to ease supply constraints or boost productivity in the non-tradable sector in t …

Persistent link: https://www.econbiz.de/10012677761

Fiscal Sustainability in Remittance-Dependent Economies

Chami, Ralph - 2009

We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio … remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …

Persistent link: https://www.econbiz.de/10012677866

Do the Gulf Oil-Producing Countries Influence Regional Growth? the Impact of Financial and Remittance Flows

Ilahi, Nadeem - 2008

This paper tests the association between the Gulf Cooperation Council (GCC) countries' financial and remittance outflows and regional growth in the Middle East. The findings, based on 35-year panel data, indicate that growth rates of real GDP, private consumption and private investment in...

Persistent link: https://www.econbiz.de/10012677620

Garbage In, Gospel Out? Controlling for the Underreporting of Remittances

Melkonyan, Tigran A. - 2008

Empirical studies that use self-reported data on remittances to measure the latter's impact on microeconomic incentives …-reporting of remittances. After controlling for this, we find a strong negative impact of remittances on incentives to work …