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-wide integration and the associated growth spillovers are discussed. Actions policymakers in sub-Saharan Africa can take to capture the …This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to … important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic …
Persistent link: https://www.econbiz.de/10012102160
debt sustainability over the next decade, taking into account alternative recovery scenarios and associated fiscal … persistent economic effects of the pandemic, risks to the Dutch fiscal and debt sustainability would remain contained …
Persistent link: https://www.econbiz.de/10012485963
This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation … debt sustainability. It recommends integrating such rules into a well-designed fiscal responsibility law and establishing …
Persistent link: https://www.econbiz.de/10012154706
negative impact on medium-term growth, especially for sub-Saharan Africa; and (ii) a disaster's intensity matters much more …This paper assesses the impact of climate-related disasters on medium-term growth and analyzes key structural areas … than its frequency, given the non-linear cumulative effects of disasters. In sub-Saharan Africa, electrification …
Persistent link: https://www.econbiz.de/10013170064
After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to …'s business dynamism. We show that (i) the revenue share of young firms has declined, (ii) the life-cycle growth of young firms … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …
Persistent link: https://www.econbiz.de/10013170240
sustainability. A dynamic general equilibrium model is calibrated to reflect the structural characteristics of vulnerable low …
Persistent link: https://www.econbiz.de/10013170278
Persistent link: https://www.econbiz.de/10012796716
Persistent link: https://www.econbiz.de/10012796736
We measure the impact of frequent exogeneous shocks on small ECCU economies, including changes to global economic activity, tourism flows, oil prices, passport sales, FDI, and natural disasters. Using Canonical-Correlation Analysis (CCA) and dynamic panel regression analysis we find significant...
Persistent link: https://www.econbiz.de/10012796822
Covid-19 has exacerbated economic and social vulnerabilities across Sub-Saharan Africa (SSA). There is a risk that … growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0 …
Persistent link: https://www.econbiz.de/10012518323