Showing 1 - 10 of 293
The authors propose a "bottom up" approach to link public investment programs with a class of macro models recently developed to quantify Strategy Papers for Human Development (SPAHD) in low-income countries. The methodology involves establishing constant-price projections of investment outlays...
Persistent link: https://www.econbiz.de/10012553781
This paper estimates the impact of informality on firm profits using a new firm-level survey designed specifically for this study. The survey was administered to about 1,200 firms with 50 employees or less in Ecuador's two largest cities, Quito and Guayaquil, plus two main centers of economic...
Persistent link: https://www.econbiz.de/10012559463
accelerations have been common, but short lived. Weak policy formulation and implementation led to large external and fiscal …, however, in the mid-1990s, when debt relief and better macroeconomic policy began to provide a source of stability that has … remains positive, over the medium term policy makers face new challenges. Several countries have the potential to greatly …
Persistent link: https://www.econbiz.de/10012560744
should conduct long-term forecasting and policy analysis. The main conclusions are that policy makers and researchers across … innovations, climate change, demographic shifts, population, and labor force quality and their policy implications at both the …
Persistent link: https://www.econbiz.de/10012560813
A crucial step in policy analysis involves computing consequences of policy actions. The author shows how to implement … models in general. The same tools make it possible to conduct policy analysis within a general equilibrium framework. Based … structural adjustment to shocks and the relevance of the policy response. …
Persistent link: https://www.econbiz.de/10012559652
The author uses a political economy framework to analyze cross-country differences in deposit insurance coverage. He finds supporting evidence of the significance of private interest theories in explaining coverage of deposit insurance. Deposit insurance coverage is significantly higher in...
Persistent link: https://www.econbiz.de/10012559713
While notoriously inefficient, fuel subsidies are widespread, and in many cases politically stable. This paper discusses and models various political economy aspects of fuel subsidies, focusing on gasoline and kerosene. Both economic and political are considered to explain differences in...
Persistent link: https://www.econbiz.de/10012558127
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 … factor gone, further normalization of U.S. monetary policy is unlikely to have significant effects on the rupee exchange rate. …
Persistent link: https://www.econbiz.de/10012564370
-level characteristics explain only 10–25 percent of project outcomes. Among macro variables, country growth and the policy environment are …
Persistent link: https://www.econbiz.de/10012564543
In the aftermath of the global financial crisis, interest in systemic risk has surged among academics and policy makers … risk, so that policy makers can make informed policy choices. This remains a challenging area, particularly in developing … provide policy makers in developing and emerging economies with practical tools for the analysis of systemic risk, focusing on …
Persistent link: https://www.econbiz.de/10012564546