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The Demographic Dividend : Evidence From the Indian States

Mody, Ashoka - 2011

interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study … dividend. The main finding is that there is a large and significant growth impact of both the level and growth rate of the … demographic dividend could add about 2 percentage points per annum to India’s per capita GDP growth over the next two decades …

Persistent link: https://www.econbiz.de/10014402559

Macro-fiscal gains from anti-corruption reforms in the Republic of Congo

Melina, Giovanni; Selim, Hoda; Verdugo Yepes, Concepcion - 2019

This paper argues that oil revenue management and public investment in Congo are vulnerable to corruption as a result of limited transparency and accountability. Corruption has potentially contributed to poor macro-fiscal outcomes. The paper acknowledges the authorities' anti-corruption efforts...

Persistent link: https://www.econbiz.de/10012022067

Sources of Growth in the Democratic Republic of the Congo : A Cointegration Approach

Cinyabuguma, Matthias - 2004

The paper investigates the sources of growth in the Democratic Republic of the Congo since 1960 and evaluates the relative importance of total factor productivity growth and factor accumulation, using a cointegration method and a growth accounting framework. The main findings confirm that poor...

Persistent link: https://www.econbiz.de/10014404167

External Debt Histories of Ten Low-Income Developing Countries : Lessons From their Experience

Ross, Kevin - 1998

The external debt burden of many low-income developing countries has increased significantly since the 1970s. Developments in a sample of ten countries show that the main factors behind the buildup of debt were (1) exogenous (adverse terms of trade shocks or weather), (2) a lack of sustained...

Persistent link: https://www.econbiz.de/10014400423

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy : Lessons From the Republic of Congo

Carcillo, Stéphane - 2007

In a number of oil producing countries, oil revenue accounts for the majority of government revenue, but is expected to be depleted in a relatively short time frame. Ensuring that fiscal policy is on a sustainable path is thus a high priority, but political and social adjustment costs create...

Persistent link: https://www.econbiz.de/10014400577

Oil and Growth in the Republic of Congo

Ghura, Dhaneshwar - 2006

This paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political instability has a negative effect on non-oil growth, and that the presence of oil could have fueled...

Persistent link: https://www.econbiz.de/10014402248

Trade Restrictiveness in the CEMAC Region. the Case of Congo

Oliva, Maria-Angels - 2008

Congo''s vital dependence on trade for development stands in contradiction with its trade policy. As a member of the CEMAC, Congo''s tariff scheme at least formally is guided by CEMAC''s 1994 trade regime agreement. This paper shows CEMAC''s customs code is restrictive relative to that of...

Persistent link: https://www.econbiz.de/10014401759

Oil prices and the global economy : is it different this time around?

Mohaddes, Kamiar; Pesaran, M. Hashem - 2016

The recent plunge in oil prices has brought into question the generally accepted view that lower oil prices are good for the United States and the global economy. In this paper, using a quarterly multi-country econometric model, we first show that a fall in oil prices tends relatively quickly to...

Persistent link: https://www.econbiz.de/10011715551

A governance dividend for Sub-Saharan Africa?

Hammadi, Amine; Mills, Marshall; Souza Sobrinho, Nelson … - 2019

Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, including deficiencies in government functions and distortions to economic incentives. It...

Persistent link: https://www.econbiz.de/10012001456

The Effects of Dividend Taxeson Equity Prices : A Re-Examination of the 1997 U.K. Tax Reform

Bond, Stephen - 2007

, using data from around the time of the 1997 U.K. dividend tax reform, which removed a significant tax credit for an … dividend tax rates across all investors, and that U.K. pension funds should reduce their holdings of the previously tax …

Persistent link: https://www.econbiz.de/10014400684