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the baseline scenario, Russia's potential growth is expected to continue its gradual downward trend, from 1.5 percent in … Russia's potential growth rate to 3.0 percent by 2028. Under the assumptions discussed in the paper, pension reform … increase in Russia's potential growth rate. Potential growth is found to be most sensitive to changes in total factor …
Persistent link: https://www.econbiz.de/10012907090
This paper presents a procedure to construct an asymmetric fan chart of risks around global growth forecasts. The distribution of risks around global growth forecasts is estimated by weighting information extracted from option pricing and survey-based measures of risk factors of global growth....
Persistent link: https://www.econbiz.de/10012968631
surveys on expectations and implied statistics of predictive models. The BCEF procedure is applied to produce world GDP growth …
Persistent link: https://www.econbiz.de/10012901276
the world urgently need to see the big picture if they are to deal with the specific challenges and opportunities they …
Persistent link: https://www.econbiz.de/10012973755
This paper describes a new index of the quality of the business environment for microfinance institutions (the Global Microscope on the Microfinance Business Environment). Regressions are used to validate the index by linking it and its subcomponents to microfinance outcomes. The main findings...
Persistent link: https://www.econbiz.de/10012973946
crises of the 1980s, Russia in 1998, Argentina in 2001, and Greece in 2010. Based on the track record, the authors argue that …
Persistent link: https://www.econbiz.de/10012975258
This paper defines economic inclusion as the ability of all people, including the disadvantaged, to share in economic gains, that is, the conditions that allow for broadly shared prosperity. Beyond the ?right? to access consumption in cities, and beyond relatively standardized safety net...
Persistent link: https://www.econbiz.de/10012971543
Bangladesh has achieved robust economic growth over the past 10 years, with real GDP growing by more than 6 percent on average each year. This paper investigates whether the country will be able to maintain such high levels of growth going forward. A simple growth model calibrated to the...
Persistent link: https://www.econbiz.de/10012964733
This paper employs a simple cross-country panel framework to assess the determinants of growth in Ghana's gross domestic product over the past four decades. A set of standard covariates is used to explain growth rates. Natural resource variables are included because the effects of natural...
Persistent link: https://www.econbiz.de/10012973576
A country's productive structure and competitiveness are harbingers of growth. Growth is a dynamic process based on capabilities that are difficult to define and measure across countries. This paper uses a global measure of fitness (or complexity-weighted diversity of production) as a method to...
Persistent link: https://www.econbiz.de/10012951516