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The Effects of Volatility, Fiscal Policy Cyclicality and Financial Development on Growth : Evidence for the Eastern Caribbean
Brückner, Markus - 2015
This paper presents estimates of the effects that terms of trade volatility has on growth of real gross domestic … that: (i) in model specifications that do not include country fixed effects, terms of trade volatility has a significant … terms of trade volatility on economic growth is not significantly different from zero; (iii) robust to the inclusion of …
Persistent link: https://www.econbiz.de/10012246606
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Assessing Safety Net Readiness in Response to Food Price Volatility
Grosh, Margaret - 2011
In 2008, when food prices rose precipitously to record highs, international attention and local policy in many countries focused on safety nets as part of the response. Now that food prices are high again, the issue of appropriate responses is again on the policy agenda. This note sets out a...
Persistent link: https://www.econbiz.de/10012247913
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Emerging and developing economies : ten years after the Global Recession
Kose, M. Ayhan; Ohnsorge, Franziska - 2020
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012229095
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A decade after the 2009 Global Recession : macroeconomic and financial sector policies
Koh, Wee Chian; Yu, Shu - 2020
Unprecedented monetary policy accommodation in advanced economies and a large, coordinated fiscal stimulus by G20 countries helped to support a solid rebound in global output right after the 2009 Global Recession. However, global growth subsequently slowed to a sluggish pace by pre-recession...
Persistent link: https://www.econbiz.de/10012257017
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A decade after the 2009 Global Recession : macroeconomic developments
Koh, Wee Chian; Yu, Shu - 2020
Emerging markets and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals - such as large foreign exchange reserves, sound fiscal positions, and low...
Persistent link: https://www.econbiz.de/10012257019
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Malaysia Economic Monitor, June 2017 : Data for Development
World Bank Group - 2017
Malaysia's economic growth expanded strongly in first quarter (1Q) 2017. Gross domestic product (GDP) growth rate for 2017 is expected to accelerate to 4.9 percent, slightly above the government's current projection range of 4.3 to 4.8 percent. The current account surplus has declined (1Q 2017:...
Persistent link: https://www.econbiz.de/10012247528
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Uganda Country Economic Memorandum : Economic Diversification and Growth in the Era of Oil and Volatility
World Bank - 2015
The objective of the Ugandan government is to make Uganda an upper - middle income country within thirty years. Economic diversification is a key component of that strategy. The country economic memorandum (CEM) report discusses how the emergence of oil and mineral production can contribute to...
Persistent link: https://www.econbiz.de/10012644430
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Montenegro Achieving Sustainable and Inclusive Growth Amidst High Volatility : Systematic Country Diagnostic
World Bank Group - 2016
This Systematic County Diagnostics is organized into six parts. The first part presents a brief overview of the country's recent socio-political and economic context. The second part examines the links between poverty, income distribution and economic growth, through the labor market, against...
Persistent link: https://www.econbiz.de/10012644567
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Growth Volatility in Belize
Longmore, Rohan - 2019
the main factors behind the volatility in output growth. A MarkovSwitching VAR (MS-VAR) model is also employed to explore … volatile economies in Latin America and the Caribbean. Most this is volatility is driven by fluctuations in the economic growth …'s GDP on growth weakens during periods of intense volatility suggesting that the authorities may need to invest more in …
Persistent link: https://www.econbiz.de/10012646791
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Financial Development, Growth, and Crisis : Is There a Trade-Off?
Loayza, Norman - 2017
-run growth and another studying its impact on volatility and crisis-has given way to a more nuanced approach that analyzes the …
Persistent link: https://www.econbiz.de/10012245526