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Resource windfalls, macroeconomic stability and growth : the role of political institutions
Arezki, Rabah - 2011
Persistent link: https://www.econbiz.de/10009424793
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Resource Windfalls, Macroeconomic Stability and Growth : The Role of Political Institutions
Kazimov, Kazim - 2011
We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...
Persistent link: https://www.econbiz.de/10014399309
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Aging in the Asian ""Tigers"" : Challenges for Fiscal Policy
Heller, Peter S. - 1997
The paper assesses the government expenditure effects from changing demographics in the Asian “Tiger” economies through 2050. With some exceptions, their limited social insurance commitments initially suggest that aging populations may not adversely affect fiscal balances. Yet for all the...
Persistent link: https://www.econbiz.de/10014400543
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Implications for Savings of Aging in the Asian ""Tigers""
Symansky, Steven A. - 1997
. Aging populations could adversely affect saving rates in these economies, particularly after 2025. For the world, one may … observe that, initially, the Asian Tigers could become increasingly important for world savings, reflecting their increased … weight in the world economy, their high saving and growth rates, and the aging of the industrial countries. After 2025, the …
Persistent link: https://www.econbiz.de/10014400307
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The Chilean output gap
Magud, Nicolas; Medina, Leandro - 2010
Persistent link: https://www.econbiz.de/10009488689
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The macroeconomic effects of natural resource extraction : applications to Papua New Guinea
Basu, Suman; Gottschalk, Jan; Schule, Werner; Vellodi, … - 2013
Persistent link: https://www.econbiz.de/10009757316
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The Chilean Output Gap
Medina, Leandro - 2011
This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent...
Persistent link: https://www.econbiz.de/10014403685
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The Macroeconomic Effects of Natural Resource Extraction : Applications to Papua New Guinea
Basu, Suman - 2013
To investigate the effects on Papua New Guinea’s economy of substantial liquified natural gas revenues arriving in 2015, we employ a model to examine the macroeconomic effects of a scalingup of natural resource windfall revenues and the implications for a variety of policy responses. The model...
Persistent link: https://www.econbiz.de/10014395162
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End of the Supercycle and Growth of Commodity Producers : The Case of Chile
Eyraud, Luc - 2015
This paper estimates the effect of copper prices on Chile’s growth at various time horizons. We find that a price decline is likely to have a durable (although not permanent) effect on GDP growth: while the impact is the strongest in the first 3 years after the shock, the transition towards...
Persistent link: https://www.econbiz.de/10012418028
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Aid and growth at the regional level
Dreher, Axel; Lohmann, Steffen - 2015
Persistent link: https://www.econbiz.de/10011373933