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Vietnam's development success story and the unfinished SDG agenda
Baum, Anja - 2020
Despite starting as one of the poorest countries in the mid-1980s, Vietnam has achieved rapid developmental progress, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress towards the Sustainable Development Goals (SDGs) during...
Persistent link: https://www.econbiz.de/10012177601
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Social Sector Spending in a Panel of Countries
Baqir, Reza - 2002
of democracy, is a significant predictor of government spending on education and health. The relationship is robust to … for democracy for a country is associated with approximately 1 percent more central government spending and 3 percent more …
Persistent link: https://www.econbiz.de/10014399591
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Ethnic Diversity, Democracy, and Corruption
Yehoue, Etienne B. - 2007
I study the link between ethnic diversity, democracy, and corruption. In a static model, I show that contrary to … conventional wisdom, corruption might emerge as a negative externality of democracy. This occurs through ethnicity, which appears … technology of extraction operates only at the early stage of democracy. Its impact tends to phase out as democracy matures. In …
Persistent link: https://www.econbiz.de/10014401255
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What Makes Growth Sustained?
Ostry, Jonathan David - 2008
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries...
Persistent link: https://www.econbiz.de/10014401753
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Democracy and Reforms : Evidence From a New Dataset
Spilimbergo, Antonio - 2010
Empirical evidence on the relationship between democracy and economic reforms is limited to few reforms, countries, and … years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset on reforms in the …. Democracy has a positive and significant impact on the adoption of economic reforms but there is no evidence that economic …
Persistent link: https://www.econbiz.de/10014402711
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Hysteresis and business cycles
Cerra, Valerie; Fatás, Antonio; Saxena, Sweta Chaman - 2020
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and...
Persistent link: https://www.econbiz.de/10012251398
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Economic Performance Over the Conflict Cycle
Staines, Nicholas - 2004
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/10014399713
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Gender and its Relevance to Macroeconomic Policy : A Survey
Stotsky, Janet Gale - 2006
This survey examines the implications of gender differences in economic behavior for macroeconomic policy. It finds that reducing gender inequality and improving the status of women may contribute to higher rates of economic growth and greater macroeconomic stability. Women''s relative lack of...
Persistent link: https://www.econbiz.de/10014399869
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Does Financial Globalization Induce Better Macroeconomic Policies?
Wei, Shang-Jin - 2004
Monetary and fiscal policies around the world are in better shape today than two decades ago. This paper studies …
Persistent link: https://www.econbiz.de/10014400935
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Do IMF Programs Improve Economic Governance?
Honda, Jiro - 2008
This paper examines the effects of IMF financial assistance on economic governance in developing countries, based on panel data analyses of perceived governance indicators. It uses a two-stage approach to address possible endogeneity issues. The results show that successful implementation of IMF...
Persistent link: https://www.econbiz.de/10014401332