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Improving access to quality education has been the backbone of several development strategies around the world and considerable public resources have been dedicated to achieving this goal. However, one could wonder whether increasing public education expenditure would drive better access to...
Persistent link: https://www.econbiz.de/10012168007
This paper studies whether budget rigidities affect the probability of countries getting into fiscal distress and reduce the likelihood of governments performing fiscal adjustments. Budget rigidities are constraints that limit the ability of the government to change the size and structure of the...
Persistent link: https://www.econbiz.de/10012113828
Enhancing the productivity of agriculture is vital for Sub-Saharan Africa's economic future and is one of the most … policy environment, better institutions, and investments in rural public goods positively affect agricultural productivity …. These, combined with smarter use of public funds, have helped lay the foundations for agricultural productivity growth …
Persistent link: https://www.econbiz.de/10012245357
spending. The rigorous analysis presented in this book provides options for reform with a view to enhancing investment in the … laying the foundations f or agricultural productivity growth around the world, providing important lessons for African … agricultural productivity growth. The dividends from investments to strengthen markets, develop and disseminate improved …
Persistent link: https://www.econbiz.de/10012248540
Persistent link: https://www.econbiz.de/10012645411
This Public Expenditure Review (PER) was prepared in response to a request from the Ministry of Finance (MoF) and is designed to inform Lesotho's fiscal consolidation due to a narrowing of its fiscal space. Lesotho is facing a tough macro-fiscal outlook due to a sharp decline in Southern African...
Persistent link: https://www.econbiz.de/10012645490
public investment and the public wage bill, the two largest budget categories. It also reviews the composition and evolution …
Persistent link: https://www.econbiz.de/10012646158
Myanmar had a strong economic take off between 2011 and 2015, but sustaining it will depend on improvements to public services and infrastructure. Yet general government spending at 15 percent of gross domestic product (GDP) is much lower than what is needed to deliver these improvements, and...
Persistent link: https://www.econbiz.de/10012247002
environment and large investment inflows, particularly in the extractive industries. In 2011, as the start of oil production drove …
Persistent link: https://www.econbiz.de/10012247460
This paper analyzes whether fiscal policy in South Asia amplifies or smooths business cycle fluctuations. The paper estimates several econometric models to explore the cyclicality of government spending and tax buoyancy. The findings show that fiscal policy is procyclical in most countries. In...
Persistent link: https://www.econbiz.de/10012008294