Showing 1 - 10 of 144
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...
Persistent link: https://www.econbiz.de/10012518323
This survey describes the timing and main macroeconomic results of the ambitious structural reforms adopted by Chile in the middle and late 1970s and by Colombia almost a decade later in the late 1980s and early 1990s. These reforms have enabled both countries to maintain vigorous real growth...
Persistent link: https://www.econbiz.de/10014395870
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10014399915
This paper assesses the impact on the poor of the economic reforms undertaken in Bangladesh under Fund-supported structural adjustment programs. It finds that program-induced changes in production, employment, and incomes have benefitted the poor, while the adverse impact of program-induced...
Persistent link: https://www.econbiz.de/10014398340
Five years into the ongoing and tragic conflict, the paper analyzes how Syria's economy and its people have been … set the country back decades in terms of economic, social and human development. Syria's GDP today is less than half of … what it was before the war started and it could take two decades or more for Syria to return to its pre-conflict GDP levels …
Persistent link: https://www.econbiz.de/10011711573
exchange rate (ERER) in Syria. After reviewing the evolution of the Syrian multiple exchange rate regime since 1960 and … of the ongoing transition to a market economy, a more flexible regime would serve Syria better in the future …
Persistent link: https://www.econbiz.de/10014401744
Persistent link: https://www.econbiz.de/10009424828
Persistent link: https://www.econbiz.de/10009615304
At the macro level, productivity is driven by technology and the efficiency of resource allocation, as outcomes of firms' decision making. The relatively high level of resource misallocation in India's formal manufacturing sector is well documented. We build on this research to further...
Persistent link: https://www.econbiz.de/10012518715
Structural conditionality of IMF-supported programs is designed to support structural reforms by countries borrowing from the IMF. Taking stock of program conditions and their implementation, this paper finds that conditionality focuses on fiscal, monetary and financial issues-areas where IMF...
Persistent link: https://www.econbiz.de/10012613388