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Fiscal buffers have shrunk across the world. This paper argues that limited fiscal room in emerging market economies today is partly due to the commodity super cycle of 2000-15. The super cycle created the mirage that economic performance had structurally improved, mistaking a long,...
Persistent link: https://www.econbiz.de/10012004767
The paper employs the Commitment to Equity framework to present a first attempt at a comprehensive fiscal incidence analysis for Ukraine, encompassing the revenue and expenditures components of the fiscal system, including direct and indirect taxes, as well as direct, indirect, and in-kind...
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economies in Africa need an alternative strategic approach to long-term growth. The purpose of this paper is to identify a … growth strategy with the greatest potential for small, landlocked economies in East Africa. The paper uses Malawi, Rwanda …. Undoubtedly, there are obstacles to transferring the advanced technologies wholesale to East Africa, but their eventual …
Persistent link: https://www.econbiz.de/10011903120
three late-bloomers in East Africa offsetting the boom-bust pattern in Southern Africa and the never-significant response in … Central and Western Africa. Firm-level customs data for selected countries reveal that even in East Africa, the recent export …
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