Narrow search
Showing 1 - 10 of 360
Cover Image
Operational resilience in digital payments : experiences and issues
Tanai Khiaonarong; Leinonen, Harry; Rizaldy, Ryan - 2021
Major operational incidents in payment systems suggest the need to improve their resiliency. Meanwhile, as payment infrastructures become more digitalized, integrated, and interdependent, they require an even higher degree of resilience. Moreover, risks that could trigger major disruptions have...
Persistent link: https://www.econbiz.de/10012795082
Cover Image
Scaling up quality infrastructure investment in South Asia
Bizimana, Olivier; Jaramillo Echeverri, Laura; Thomas, Saji - 2021
South Asia needs large infrastructure investments to achieve its development goals, and public investment can also … public infrastructure was a key driver of productivity growth in South Asia. Going forward, higher public infrastructure … reap the most benefits from higher infrastructure investment, South Asian countries need to manage fiscal risks carefully …
Persistent link: https://www.econbiz.de/10012613693
Cover Image
Infrastructure and income distribution in ASEAN-5 : what are the links?
Seneviratne, Dulani; Sun, Yan - 2013
Persistent link: https://www.econbiz.de/10009706785
Cover Image
Public investment in a developing country facing resource depletion
Alter, Adrian; Ghilardi, Matteo F.; Hakura, Dalia S. - 2015
This paper analyzes the tradeoffs between savings, debt and public investment in the Republic of Congo, a developing country with looming oil exhaustibility concerns. Our results highlight the risks to fiscal and capital sustainability of oil exporting countries from large scaling-up in public...
Persistent link: https://www.econbiz.de/10012503446
Cover Image
Investing to mitigate and adapt to climate change : a framework model
Bonen, Anthony; Loungani, Prakash; Semmler, Willi; … - 2016
We propose a macroeconomic model to assess optimal public policy decisions in the the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused...
Persistent link: https://www.econbiz.de/10011715124
Cover Image
Efficiency-adjusted public capital and growth
Gupta, Sanjeev; Kangur, Alvar; Papageorgiou, Chris; … - 2011
Persistent link: https://www.econbiz.de/10009422427
Cover Image
On the substitution of private and public capital in production
An, Zidong; Kangur, Alvar; Papageorgiou, Chris - 2019
Most macroeconomic models assume that aggregate output is generated by a specification for the production function with total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect substitutes. In this paper we test this assumption by...
Persistent link: https://www.econbiz.de/10012154588
Cover Image
Is the public investment multiplier higher in developing countries? : an empirical exploration
Izquierdo, Alejandro; Lama C., Ruy; Medina, Juan Pablo; … - 2019
Over the last decade, empirical studies analyzing macroeconomic conditions that may affect the size of government spending multipliers have flourished. Yet, in spite of their obvious public policy importance, little is known about public investment multipliers. In particular, the clear...
Persistent link: https://www.econbiz.de/10012155114
Cover Image
Efficiency-adjusted public capital, capital grants, and growth
Crivelli, Ernesto - 2017
Recent literature has explored the relationship between efficiency-adjusted public capital and economic growth. A debate on whether capital grants, and especially EU funds actually contribute to growth has gained prominence lately. This paper empirically assesses the relationship between the...
Persistent link: https://www.econbiz.de/10011705315
Cover Image
Infrastructure Aid, Deindustrialization, and Welfare
Choi, Eun Kwan - 2005
This paper investigates the deindustrialization and welfare effects of infrastructure aid in developing countries. In … the short run, cost-saving infrastructure aid in the export sector increases the domestic wage rate, whereas the same aid … infrastructure aid. Infrastructure aid in the nontraded sector has no effect on domestic factor prices. Laborsaving infrastructure …
Persistent link: https://www.econbiz.de/10014400615