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productivity growth. Growth also became more volatile, reflecting large vulnerabilities to external shocks. Looking forward, it …
Persistent link: https://www.econbiz.de/10010319925
inflation with child malnutrition status. We find that the prevalence of underweight amongst children rises in response to a … higher inflation rate for basic food products. Stunting and wasting malnutrition measures are mostly insensitive to the … inflation rate. The very high food inflation during 2008/09 was responsible for an extra 39,000 moderately underweight and 24 …
Persistent link: https://www.econbiz.de/10010319790
The construction sector plays a critical role in delivering quality infrastructure, which in turn influences the use of natural resource revenues towards achieving structural change and industrial development. We use industrial organization and political economy lenses to describe and understand...
Persistent link: https://www.econbiz.de/10012146468
Liberalizing trade has proven highly challenging for some low-income countries, as a large share of their tax extraction derives from trade taxation. After significant drops in tariff levels over the last 30 years, the recovery of lost revenues by other sources of taxation has been highly uneven...
Persistent link: https://www.econbiz.de/10011653986
and poverty alleviation have been maintained at the expense of renewed inflation, larger budget deficits, and currency … depreciation. The stop-go nature of present macroeconomic policy is the consequence of balancing growth versus inflation …
Persistent link: https://www.econbiz.de/10010280123
This paper investigates the long-term impact of economic shocks on populism, by exploiting a natural experiment created by the trade liberalization process implemented in Brazil between 1990 and 1995. This high impact and low duration event generated a profound shock to the economy with, we...
Persistent link: https://www.econbiz.de/10012424105
Political motives, geography, and the uneven distribution of gains trumped the traditional efficiency gains across Africa's Regional Economic Communities (RECs). The small, sparsely populated, fragmented, and often isolated economies across Africa make a compelling case for these economies to...
Persistent link: https://www.econbiz.de/10010343196
productivity shocks on agriculture. Our findings suggest that the world as a whole benefits the more trade is liberalized. For … productivity impacts in agriculture. The exceptions are countries/regions which are projected to benefit from climate change. For …
Persistent link: https://www.econbiz.de/10010420586
-ups, productivity, exports, employment, and investment. The evidence presented here shows that a rising real exchange rate results in …
Persistent link: https://www.econbiz.de/10012146519
by the liability progression of personal income tax in the pre-inflation period. Second, the impact of fiscal drag on the …
Persistent link: https://www.econbiz.de/10012705365