Showing 1 - 10 of 508
The state has played a major role in the most important developmental successes. This paper discusses the advances in our understanding of the role of the state in the developmental process over the past thirty years, and the contribution to those advances played by changes in economics, changes...
Persistent link: https://www.econbiz.de/10011473933
Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....
Persistent link: https://www.econbiz.de/10011894344
This paper examines the macroeconomic policies and outcomes experienced by the Latin American economies during the period 1990-2010. Macroeconomic policies refer to exchange rates, monetary and aggregate fiscal policies, while macroeconomic outcomes, on the other hand, refer to the patterns of...
Persistent link: https://www.econbiz.de/10009504596
Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time. Although income distribution worsened notably in the 1970s-80s, a significant improvement was recorded in the first half of the 1990s, resulting from better economic and...
Persistent link: https://www.econbiz.de/10009408448
The authors attempt to analyze the linkages between macroeconomic policies and economic growth variables, their movement over time, and their impact on poverty in the case of Poland. Poland, a middle-income country, is of particular interest because its data sources allow for a relatively...
Persistent link: https://www.econbiz.de/10012559898
We investigate the relevance of beta (β, absolute and conditional) and sigma (σ) convergence in the economies of the Common Monetary Area of Southern Africa and in the provinces of the Republic of South Africa using panel data, allowing an understanding of growth and inequality in the region....
Persistent link: https://www.econbiz.de/10012404488
In this paper we use the new Government Revenue Dataset to analyse fiscal decentralization. We find that developed … fiscally decentralized regions. In our econometric analysis, we examine the relationship between fiscal decentralization and … the shadow economy. We hypothesize that decentralization can negatively or positively affect the size of the shadow …
Persistent link: https://www.econbiz.de/10011582864
decentralization is associated with improved fiscal performance and better functioning of internal common markets. Fiscal policy … discipline. Fiscal decentralization poses significant challenges for macroeconomic management. These challenges require careful …
Persistent link: https://www.econbiz.de/10012554241
important to achieve in development objectives is changing as fiscal decentralization reforms are being pursued by many … countries around the world. In this context, a number of studies have attempted to quantify the impact of decentralization by … decentralization is surprisingly difficult to measure. Nearly all cases examining the relationship between decentralization and …
Persistent link: https://www.econbiz.de/10012559570
Macroeconomic strategies and policies have differed significantly among Asian countries over the last fifty years, and yet some common issues recur despite their immense diversity in inherited historical initial conditions, differences in political systems, geo-political situations, location and...
Persistent link: https://www.econbiz.de/10011894338