Showing 1 - 10 of 45
In many developing and middle-income countries, decentralization reforms are promoting changes in governance structures that are reshaping the relationship between local governments and citizens. The success of these decentralization reforms depends on the existence of sound public financial...
Persistent link: https://www.econbiz.de/10012552555
In the last two decades more than 120 countries have adopted a version of a Medium-Term Expenditure Framework (MTEF). These are budget institutions whose rationale it is to enable the central government to make credible multi-year fiscal commitments. This paper analyzes a newly-collected dataset...
Persistent link: https://www.econbiz.de/10012557070
. Three projects are considered - in India, Sri Lanka, and Vietnam. The results are still tentative in terms of both …
Persistent link: https://www.econbiz.de/10012552792
By international standards, and given its relatively low per capita income, Vietnam has achieved substantial reductions … inequalities in child survival are evident in Vietnam-a change from the early 1990s when none were apparent. The authors develop … progress among the poor will jeopardize Vietnam's chances of achieving the international development goals for child mortality …
Persistent link: https://www.econbiz.de/10012559592
The global financial crisis and its aftermath have triggered extraordinary policy responses in advanced countries. The impacts of these policy responses—from asset price bubbles to currency depreciations—have often been felt in the developing world. As tapering talk evolves into actual...
Persistent link: https://www.econbiz.de/10012564370
In the aftermath of the global financial crisis, interest in systemic risk has surged among academics and policy makers. The mitigation of systemic risk is now widely accepted as the fundamental underlying concept for the design of the post-crisis regulatory agenda. Effective mitigation requires...
Persistent link: https://www.econbiz.de/10012564546
While the 2008 financial crisis is global in nature, it is likely to have heterogeneous welfare impacts within the developing world, with some countries, and some people, more vulnerable than others. It also threatens to have lasting impacts for some of those affected, notably through the...
Persistent link: https://www.econbiz.de/10012552231
The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more pervasive than we thought. Yet the data also provide robust evidence...
Persistent link: https://www.econbiz.de/10012552245
The present study uses the GIDD, a CGE-microsimulation model for Global Income Distribution Dynamics, to understand the ex-ante dynamics of global income distribution. Three main robust results emerge. First, under a set of realistic assumptions, there will be a reduction in global income...
Persistent link: https://www.econbiz.de/10012552246
The purpose of this paper is to update the information on net food importing countries, using different definitions of food, separating countries by their level of income, whether they are in conflict and whether they are significant oil exporters. The study also estimates the changes in net...
Persistent link: https://www.econbiz.de/10012552248