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Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as the main measure of disaster severity. Using an agent-based...
Persistent link: https://www.econbiz.de/10012859527
) are scored in a sample of 175 countries using data from 2006-16 on education, health, and infrastructure. The paper … need more resources than others to achieve similar education, health, and infrastructure outcomes …
Persistent link: https://www.econbiz.de/10012911270
focus on the creation of fiscal space for increased investment in infrastructure, as well as on indicators related to macro … infrastructure projects with high productivity effects and the crucial role of financing in determining the net effects of expanded … government infrastructure spending. Transfer programs can generate immediate welfare gains but are less effective over time …
Persistent link: https://www.econbiz.de/10012974067
, private investment will need to become the engine of growth. This places high priority on better infrastructure, clear signals …
Persistent link: https://www.econbiz.de/10012975001
total public investment in infrastructure, education, and health in the context of a sustainable resource fund: the spend … structure of investment between infrastructure, education, and health. The model is applied to Kenya. For impacts on the non …-resource economy, efficiency of spending, and sustainability of fiscal outcomes, the analysis finds that, although investment …
Persistent link: https://www.econbiz.de/10012903112
, inclusion, and sustainability in a developing country context. The findings are summarized and methodologies are critically …
Persistent link: https://www.econbiz.de/10012937140
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with endogenous retirement decisions, the paper shows that the type of aging and the type of unfunded social...
Persistent link: https://www.econbiz.de/10012970979
This paper presents new evidence on the patterns of cyclicality in the fiscal policy stance of developing and industrialized countries over a period of more than three decades covering 180 countries during 1980?2012. First, the paper considers issues of robustness in the choice of the proxy for...
Persistent link: https://www.econbiz.de/10012971636
public infrastructure investment and supported by heterodox macro-financial policies. To analyze the country?s growth …. The analysis finds that accelerated growth was driven by public infrastructure investment and restrained government …?s growth over the period of analysis and is robust to country-specific parameter heterogeneity and alternative infrastructure …
Persistent link: https://www.econbiz.de/10012971637
This paper examines causes and consequences of corruption within the process of economic development. It starts by reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines of economic research to a central preoccupation of...
Persistent link: https://www.econbiz.de/10012973777