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Developing countries face a host of macroeconomic challenges in the design and implementation of development strategies and policies. The importance of the underlying poverty and distributional issues creates a need for relevant and reliable ways of tracking the social impact of shocks and...
Persistent link: https://www.econbiz.de/10012783436
In the event of large swings in world food prices, countries often intervene to dampen the impact of international food price spikes on domestic prices and to lessen the burden of adjustment on vulnerable population groups. While individual countries can succeed at insulating their domestic...
Persistent link: https://www.econbiz.de/10012892747
What is the impact of fiscal policy shocks on key macroeconomic variables in Canada? This question triggered renewed interest in the aftermath of the 2008-09 Great Recession. Indeed, as in many advanced economies, fiscal policy in Canada following the recession started with an expansionary phase...
Persistent link: https://www.econbiz.de/10012969405
sudden and unanticipated currency devaluation in Botswana as a quasi-experiment, the article examines how this monetary shock …
Persistent link: https://www.econbiz.de/10012972052
domestic demand. Therefore, a pure supply side shock con be contrasted with a real economy shock that hit exactly when the bank …'s funding position strengthened again. The paper finds that during the funding shock (potential) borrowers are discouraged from … shock, in contrast, reduces the approval likelihood for SME loans in particular, while agro and micro loans are considerably …
Persistent link: https://www.econbiz.de/10012975306
The authors investigate the impact on economic growth and development of long-run movements in the external terms of trade, with special reference to the experience of 18 oil-exporting countries between 1973 and 1989. They argue that this sample approximates a controlled experiment for examining...
Persistent link: https://www.econbiz.de/10012746912
The authors assess the effect of economic instability on the success of projects funded by the World Bank using the outcome of the projects, which is a notation of their overall success determined by the Bank's Independent Evaluation Group. It has been argued in macroeconomic studies that aid...
Persistent link: https://www.econbiz.de/10012747949
The seven largest emerging market economies -- China, India, Brazil, Russia, Mexico, Indonesia, and Turkey …
Persistent link: https://www.econbiz.de/10012954309
This paper estimates the impact of the Golden Quadrilateral and North-South-East-West Highways in India on welfare …
Persistent link: https://www.econbiz.de/10012926890
Punjab, India, to assess the impact of a flagship sanitation program of the Government of India. The program, the Clean India …, eliminate the practice of open defecation, and improve the awareness and practice of good hygiene across rural India. It …
Persistent link: https://www.econbiz.de/10012833617