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For a large proportion of the South African population, social welfare grants are an important source of income. Since 2000, rapid increases in government expenditure on social security have further enhanced the contribution of welfare grants to the income of poor households and have thus been...
Persistent link: https://www.econbiz.de/10005583722
This country study evaluates the experience of the South African economy with respect to growth, poverty and inequality trends since the advent of democracy in 1994. The post-apartheid government took a definite turn toward greater spending on social security, while job creation and a narrowing...
Persistent link: https://www.econbiz.de/10005583725
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Persistent link: https://www.econbiz.de/10005583727
This IPC Country Study by Robert Pollin and James Heintz examines three policy areas related to monetary policies in Kenya: inflation dynamics and the relationship between inflation and long-run growth; monetary policy targets and instruments; and exchange rate dynamics and the country?s...
Persistent link: https://www.econbiz.de/10005574204
Indonesia has come a long way in improving its tax system over the last decade, both in terms of revenues raised and administrative efficiency. Nonetheless, the tax take is still low, given the need for more spending on infrastructure and social protection. With the exception of the natural...
Persistent link: https://www.econbiz.de/10009696506
Value-added taxes (VAT) are a common way of raising revenue. While many countries have adopted a VAT in the last 30 years, they often adopt systems that deviate from textbook principles. The net effect on firms is therefore unclear. We construct a dataset of product- and state-specific tax rates...
Persistent link: https://www.econbiz.de/10014083559
The efficient operation and expansion of infrastructures in developing countries is crucial for growth and poverty reduction. However, recent reforms aimed at improving the performance of these sectors have had limited success. Evidence suggests that, in many instances, this was because the...
Persistent link: https://www.econbiz.de/10013015924
Fear of the abusive exercise of eminent domain power and of potentially high costs resulting from serious holdout could cause slowdown and even suspension of land assembly for urban redevelopment, which is particularly devastating for the developing world. Invited takings, as recently emerged in...
Persistent link: https://www.econbiz.de/10012990967
Despite welfare and poverty-reducing benefits for recipient households, remittance inflows have been shown to entail macroeconomic challenges; producing Dutch Disease-type effects through their upward (appreciation) pressure on real exchange rates, reducing the quality of institutions, delaying...
Persistent link: https://www.econbiz.de/10012995201
At date, there is no standardized definition of what a smart city is, in spite many apply to propose a definition that fit with their offer, subsuming the whole of the city in one of its functions (smart grid, smart mobility…). Considering the smart cities as an ecosystem, that is to say a...
Persistent link: https://www.econbiz.de/10012983217