Showing 1 - 10 of 335
This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors …
Persistent link: https://www.econbiz.de/10012552501
Corporate governance arrangements define the responsibilities, authorities and accountabilities of owners, boards of directors, and executive managers of a company. Good corporate governance is as important for state financial institutions as for private sector companies. Many of the problems...
Persistent link: https://www.econbiz.de/10012552767
This paper aims to shed some new light on the conditions needed to ensure the effectiveness of Boards of Directors of state owned enterprises with a focus on infrastructure sectors. In the case of developing countries, empirical studies have found evidence of positive links between the...
Persistent link: https://www.econbiz.de/10012552363
Fiscal sustainability analysis (FSA) is an important component of macroeconomic analysis. The authors review various … realizations of the exogenous variables. Furthermore, the fiscal sustainability tool incorporates an endogenous debt feedback rule …
Persistent link: https://www.econbiz.de/10012552621
This paper explores the major challenges to the sustainability of health sector financing in the countries of the … countries in the sub-region could consider in order to enhance the efficiency and sustainability of their health systems. Data …
Persistent link: https://www.econbiz.de/10012552819
This paper analyzes Burundi's medium-term fiscal sustainability in the light of the country's vulnerability to various … sustainability. Drawing initially on the standard inter-temporal sustainability framework, the baseline analysis shows that Burundi … policy scenario analysis shows that future fiscal sustainability will hinge on the government's ability to stick to its plans …
Persistent link: https://www.econbiz.de/10012560184
This paper examines causes and consequences of corruption within the process of economic development. It starts by reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines of economic research to a central preoccupation of...
Persistent link: https://www.econbiz.de/10012560812
The developing world is experiencing substantial environmental change, and climate change is likely to accelerate these processes in the coming decades. Due to their initial poverty, and their relatively high dependence on environmental capital for their livelihoods, the poor are likely to...
Persistent link: https://www.econbiz.de/10012557113
By reducing the costs of environmental protection, technological change is important for promoting green growth. This entails both the creation of new technologies and more widespread deployment of existing green technologies. This paper reviews the literature on environmentally friendly...
Persistent link: https://www.econbiz.de/10012557120
This paper focuses on how developing countries can change the way they prepare for disasters so they are better equipped to sustain economic growth. It discusses the importance of considering the goals of key decision makers and the need to understand the perceptions, systematics biases, and...
Persistent link: https://www.econbiz.de/10012557122