Similar Search Results

Public investment as an engine of growth

Warner, Andrew M. - 2014

Persistent link: https://www.econbiz.de/10010441751

Public Investment as an Engine of Growth

Warner, Andrew M. - 2014

This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...

Persistent link: https://www.econbiz.de/10014411432

Public investment in Bolivia : prospects and implications

Endegnanew, Yehenew; Birhanu Tessema, Dawit - 2019

Bolivia's 'Patriotic Agenda 2025' sets targets for social and economic development propelled by state …

Persistent link: https://www.econbiz.de/10012102120

Debt, investment, and growth in developing countries with segmented labor markets

Buffie, Edward F.; Zanna, Luis-Felipe; Adam, Christopher S. - 2020

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector....

Persistent link: https://www.econbiz.de/10012252029

Loss-of-learning and the post-Covid recovery in low-income countries

Buffie, Edward F.; Adam, Christopher S.; Zanna, Luis-Felipe - 2022

We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...

Persistent link: https://www.econbiz.de/10013170278

Public investment, growth, and debt sustainability : putting together the pieces

Buffie, Edward E.; Berg, Andrew; Pattillo, Catherine A.; … - 2012

We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions necessary to ensure debt-sustainability; and (iv)...

Persistent link: https://www.econbiz.de/10009618586

How Has Nafta Affected the Mexican Economy? : Review and Evidence

Kose, M. Ayhan - 2004

This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The … effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners … facts and recent empirical research. The paper concludes by drawing lessons from Mexico''s NAFTA experience for policymakers …

Persistent link: https://www.econbiz.de/10014404062

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

Monetary Policy and the Price Behavior in Emerging Stock Markets

Cornelius, Peter - 1991

This paper examines whether the six largest and most active emerging stock markets are informationally efficient with respect to changes in the money supply. To investigate if stock prices fully reflect the information contained in money supply changes, two different econometric techniques are...

Persistent link: https://www.econbiz.de/10014398635

FDI Flows to Asia : Did the Dragon Crowd Out the Tigers?

Mercereau, Benoît - 2005

China''s dramatic success in attracting foreign direct investment (FDI) has raised concerns that it has success diverted FDI from other countries in Asia. We develop a new methodology to estimate crowding out, and we use it to investigate the impact of China''s emergence on FDI flows to Asia...

Persistent link: https://www.econbiz.de/10014404204

1
2
3
4
5
6
7
8
9
10
Next
Last