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Weakness in Investment Growth : Causes, Implications and Policy Responses

Kose, M. Ayhan - 2017

Investment growth in emerging market and developing economies has slowed sharply since 2010. This paper presents a … comprehensive analysis of the causes and implications of this slowdown and presents a menu of policy responses to improve investment …, declining foreign direct investment inflows, elevated private debt burdens, heightened political risk, and adverse spillovers …

Persistent link: https://www.econbiz.de/10012961222

Inflation and Indivisible Investment in Developing Economies

Eden, Maya - 2017

In countries with limited access to finance, firms accumulate retained earnings to finance indivisible investment … projects. McKinnon (1973) illustrates that when cash is used as a primary store of value, inflation may discourage investment … and provides a simple calibration of the model that suggests sizable effects of inflation on investment. The mechanism is …

Persistent link: https://www.econbiz.de/10012972973

Sharing the Benefits of Innovation-Digitization : A Summary of Market Processes and Policy Suggestions

Islam, Roumeen - 2018

Governments play a very important role in supporting innovation, managing the disruptive effects of innovation, and ensuring that the benefits of innovation are broadly shared in the long run. This paper reviews the literature on market mechanisms that translate innovation into jobs and policies...

Persistent link: https://www.econbiz.de/10012921429

Tracking Poverty Over Time in the Absence of Comparable Consumption Data

Stifel, David C. - 2014

Following the endorsement of the Millennium Development Goals, there is an increasing demand for methods to track poverty regularly. This paper develops an economically intuitive and inexpensive methodology to do so in the absence of regular, comparable data on household consumption. The minimum...

Persistent link: https://www.econbiz.de/10012752460

Distributional Effects of Crises : The Financial Channel

Halac, Marina C. - 2011

Financial crises affect income distribution via different channels. This paper argues that there is an important channel overlooked by the literature, namely the financial channel. We study how this channel operates by analyzing data from several Latin American countries, including Argentina,...

Persistent link: https://www.econbiz.de/10012714837

Social Assistance and Poverty Reduction in Moldova, 2001-2004 : An Impact Evaluation

Verme, Paolo - 2008

This paper assesses the impact of social assistance benefits on household welfare in Moldova. Ignoring standard issues of impact evaluations such as selection bias, behavioral responses, unobserved heterogeneity and endogeneity, an incidence analysis suggests that increased spending on social...

Persistent link: https://www.econbiz.de/10014216917

The Poverty Impacts of the Doha Round in Cameroon : The Role of Tax Policy

Emini, Christian Arnault; Cockburn, John; Decaluwe, Bernard - 2005

The aim of this paper is to assess the possible impacts of the Doha Round of negotiations on poverty in Cameroon. During the recent period of economic recovery, Cameroon has enjoyed a sharp decline in poverty with the headcount index falling from 53.3 percent of inhabitants in 1996 to 40.2...

Persistent link: https://www.econbiz.de/10014062992

Who Cares About Relative Deprivation?

Ravallion, Martin - 2006

Theories of relative deprivation predict negative welfare effects when friends and neighbors become better-off. Other theories point to likely positive benefits. The authors encompass both views within a single model, which motivates their tests using a survey for Malawi that collected data on...

Persistent link: https://www.econbiz.de/10012783447

Assessing Benefits of Slum Upgrading Programs in Second Best Settings

Dasgupta, Basab; Lall, Somik V. - 2013

Slum upgrading programs are being used by national and city governments in many countries to improve the welfare of households living in slum and squatter settlements. These programs typically include a combination of improvements in neighborhood infrastructure, land tenure, and building...

Persistent link: https://www.econbiz.de/10014056801

Feeling Poor, Feeling Rich, or Feeling Middle-Class : An Empirical Investigation

Bussolo, Maurizio; Lebrand, Mathilde Sylvie Maria; … - 2020

Based on their objective economic situation and comparing with their peers, individuals form perceptions of their economic position in a society. Data from the three waves of the Life in Transition surveys of European countries show that these perceptions systematically deviate from the rankings...

Persistent link: https://www.econbiz.de/10014091264

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