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This paper investigates the effects of macroeconomic and structural variables on financial intermediation. To this end, it presents a theoretical foundation for two new measures of intermediation, the money multiplier and the ratio of private sector credit to monetary base. Results from panel...
Persistent link: https://www.econbiz.de/10014401208
This paper examines stabilization policies in Vietnam, Cambodia, and Laos since the late 1980s. Compared with other …
Persistent link: https://www.econbiz.de/10014397811
Persistent link: https://www.econbiz.de/10009614532
We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling … sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public …
Persistent link: https://www.econbiz.de/10011716457
We evaluate the impact of fiscal reforms on growth and inequality in Cambodia using a calibrated general equilibrium … model with heterogeneous agents (Peralta-Alva and others, 2018). Over the last two decades, Cambodia's consumption …
Persistent link: https://www.econbiz.de/10012103678
investigative approach of ‘growth diagnostics’. The framework is used to forecast potential growth for Cambodia, and to conduct … simulations about the main drivers of growth in that country. The main result is that Cambodia compares less favorably against … infrastructure. Bridging this gap can lift Cambodia’s potential growth by more than one percentage point …
Persistent link: https://www.econbiz.de/10014396621
liberalization can allow an economy in a poverty trap to transform into one with continuous education and higher output growth …
Persistent link: https://www.econbiz.de/10014400198
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960?2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic,...
Persistent link: https://www.econbiz.de/10009706767
Many Sub-Saharan African (SSA) countries, like Benin, have scaled up public investment during the last decade. Such a strategy contributed to the improvement of infrastructure, but also to a build-up of debt vulnerabilities. Looking forward, the planned fiscal consolidation will result in some...
Persistent link: https://www.econbiz.de/10012795087
Persistent link: https://www.econbiz.de/10010441729