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This paper examines water challenges, a growing global concern with adverse economic and social consequences, and … discusses economic policy instruments. Water subsidies provided through public utilities are estimated at about $456 billion or … 0.6 percent of global GDP in 2012. The paper suggests that getting economic incentives right, notably by reforming water …
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Analysis of firm-level panel data from three sub-Saharan African economies shows that exporting manufacturers have a total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by selection of more efficient producers into exporting or...
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This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA). Though the region receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA swamps remittances, this paper finds that...
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