Showing 1 - 10 of 21
Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has … argues in favor of a new formal monetary policy framework for Yemen emphasizing a proactive and rule-based approach with a …
Persistent link: https://www.econbiz.de/10012677852
Over the last thirty years Burundi's low economic growth has led to a significant decline in per capita GDP. The purpose of this paper is to shed light on supply-side constraints that prevented Burundi's economy from growing faster. Lack of investment, civil conflict, economic inefficiencies,...
Persistent link: https://www.econbiz.de/10012677702
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
Mexico's main social support program, Oportunidades, combines two methods to target cash to poor households: an initial self-selection by households who acquire knowledge about the program and apply for benefits, followed by an administrative determination of eligibility based on a means test....
Persistent link: https://www.econbiz.de/10012677728
Prioritizing populations most in need of social assistance is an important policy decision. In the Eastern Caribbean, social assistance targeting is constrained by limited data and the need for rapid support in times of large economic and natural disaster shocks. We leverage recent advances in...
Persistent link: https://www.econbiz.de/10015058517
Child poverty increased dramatically during the COVID-19 pandemic. In 2020 alone, the number of children suffering from … potential scarring effect of the pandemic, policies should be deployed to reduce rapidly the number of children affected by … poverty and mitigate the long-term impact of poverty. Reducing the number of children affected by poverty can be achieved by …
Persistent link: https://www.econbiz.de/10015059372
Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab...
Persistent link: https://www.econbiz.de/10011242232
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
The paper finds a significant shift in the economic characteristics of civil conflicts during the1990s. Conflicts have become shorter but with more severe contractions and a stronger recovery of growth. The overall length and cost of the conflict cycle has probably declined. The stance of...
Persistent link: https://www.econbiz.de/10005263699
This paper provides empirical evidence that the propensity for political instability in the Central African Republic (C.A.R.) has been increased by low tax revenues and deteriorations in the terms of trade. The direct effect of political instability on economic growth is not statistically...
Persistent link: https://www.econbiz.de/10005826324