Showing 1 - 10 of 10
Since 2003, Guinea has been affected by a deep economic crisis that has contributed to exacerbating already high levels … of poverty. This paper documents poverty trends in Guinea using the last three household surveys available, implemented …
Persistent link: https://www.econbiz.de/10009353538
This paper examines empirically the link between macro-instability and private investment rate in Guinea, in comparison … results, the paper shows that macroeconomic instability is, in general, higher in Guinea than WAEMU countries. Consequently … rate regime as that of Guinea. While the panel data approach shows no evidence of negative impact of macroeconomic …
Persistent link: https://www.econbiz.de/10005789287
countries in recent years. The first contribution of this paper is to summarize some of that research as applied to Guinea … Social Accounting Matrix (SAM) for Guinea to assess how growth in various sectors of the economy could affect the incomes of …
Persistent link: https://www.econbiz.de/10008836748
A sustainable debt is a precondition for sustainable development. Yet the analysis of a country’s debt sustainability is a complex task given issues related to (1) establishing the actual debt outstanding and future debt-service obligations; (2) defining appropriate sustainability indicators;...
Persistent link: https://www.econbiz.de/10005836682
In this paper we stress the limits of the current debt sustainability framework used in the IMF-WB HIPC Initiative and the necessity to include domestic public debt into the analysis. The standard sustainability analysis does not take into account the fully-fledged budget constraint and the...
Persistent link: https://www.econbiz.de/10005836833
Heavy indebtedness and debt service payments, indicated by debt magnitudes and shares to national budgets, revenues, or outputs, mean that spending for public infrastructure and basic services is crowded out, even as they entail more borrowings in order to timely meet debt obligations. The...
Persistent link: https://www.econbiz.de/10005029699
The history of debt relief is now particularly long, the associated costs are soaring and the outcomes are at least uncertain. This paper reviews and provides new evidence on the effects of recent debt relief programs on different macroeconomic indicators in developing countries, focusing on the...
Persistent link: https://www.econbiz.de/10005622120
The subject of debt relief for low income and highly indebted countries has risen to the fore of public debate in recent months. I review a brief history of major debt relief for low-income countries including the recent HIPC initiative and I discuss some factors that should be taken into...
Persistent link: https://www.econbiz.de/10008578245
This paper provides an exhaustive assessment of feasible horizons for policy harmonization against African capital flight. The empirical evidence is based on a methodological innovation on common policy initiatives and the results are premised on 15 fundamental characteristics of African capital...
Persistent link: https://www.econbiz.de/10011112464
With earthshaking and heartbreaking trends in African capital flight provided by a new database, this paper complements existing literature by answering some key policy questions on the feasibility of and timeframe for policy harmonization in the battle against the economic scourge. The goal of...
Persistent link: https://www.econbiz.de/10011114346