Showing 1 - 10 of 11
Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies … contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors … contributing to the post- 1995 improvement in growth. Second, to shed some light on factors associated with substantial jumps in …
Persistent link: https://www.econbiz.de/10014404190
swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10014400356
This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic … growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human … for countries with different growth experiences, at different stages of development, and using various indices of …
Persistent link: https://www.econbiz.de/10014403378
The impact of higher petroleum prices on the aggregate price level, real growth, and income distribution is appraised …
Persistent link: https://www.econbiz.de/10014403999
We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980-2010. Our main findings is that prior to capital account liberalization the causality runs from South African Rand to gold price volatility but the causality runs the other way...
Persistent link: https://www.econbiz.de/10012694114
Over the past decade, South Africa has attracted relatively little foreign direct investment (FDI), but considerable amounts of portfolio inflows. In this context, the objective of the paper is twofold: to identify the determinants of the level and composition of capital flows to emerging...
Persistent link: https://www.econbiz.de/10014401135
Persistent link: https://www.econbiz.de/10009424793
growth during periods of private debt deleveraging. The analysis covers 107 countries and 79 episodes of public debt … adjustments can dampen growth when there are credit supply restrictions. Instead, fiscal adjustments that are gradual and rely on …, protecting public investment is critical for medium-term growth, as is the implementation of supply-side, productivity …
Persistent link: https://www.econbiz.de/10012667427
overall effect on GDP per capita growth. The paper''s findings are consistent with theoretical models of the current account …
Persistent link: https://www.econbiz.de/10014397619
macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are …. Third, we find that in the long run resource windfalls have negative effects on non-resource sector GDP growth. Yet, the … windfalls on macroeconomic stability and economic growth are moderated by the quality of political institutions …
Persistent link: https://www.econbiz.de/10014399309