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The macroeconomic management of increased aid: Policy lessons from recent experience
Aiyar, Shekhar; Berg, Andrew; Hussain, Mumtaz - 2008
framework for examining possible policy responses to increased aid, in terms of absorption and spending of aid - where the … central bank controls absorption through monetary policy and the sale of foreign exchange and the fiscal authority controls … part in the policy reaction to aid surges. Fiscal and monetary authorities should coordinate their responses to an aid …
Persistent link: https://www.econbiz.de/10010273509
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The Effects of Gaps and Disparities on Economic Growth. A Study of 10 Former Socialist Countries from the CEE, Members of the EU
Pescu (Beca), Marușa; Ștefan (Barabaș), Camelia - In: Amfiteatru Economic Journal 18 (2016) 43, pp. 592-610
The goal of this research paper is to empirically assess the potential effects of macroeconomic determinants of economic growth and to determine the impact of income inequality on economic growth in the long-run in ten former socialist countries from Central and Eastern Europe (CEE) which are...
Persistent link: https://www.econbiz.de/10011725049
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Fiscal policy during business cycles in developing countries: The case of Africa
Leibfritz, Willi; Rottmann, Horst - 2013
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010327775
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Fiscal Policy During Business Cycles in Developing Countries: The Case of Africa
Leibfritz, Willi; Rottmann, Horst - 2013
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010328758
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Public investment under ethnic diversity and political uncertainty
Bohn, Frank - 2005
This paper addresses the puzzle that public services in some developing countries, especially in Africa, are poor despite large public expenditure. The intertemporal model here studies a government’s optimal choice between redistribution and public investment. Ethnic diversity and political...
Persistent link: https://www.econbiz.de/10010293865
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Aid, Policies and Growth: A Non-Canonical Alternative for solving This Puzzle.
Fuentes, Raúl - 2005
This paper presents a two-sector small semi-open economy Ramsey growth model involving foreign aid as an input in the production function. An activist government allocates this input endogenously across sectors and optimizes policies in a non-standard way. Once calibrated, mainly on countries...
Persistent link: https://www.econbiz.de/10010295967
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Regime macroeconômico e o projeto social-desenvolvimentista
Rossi, Pedro - 2015
. Within this context, the present chapter aims to discuss the relationships between these macroeconomic policy fronts and a …
Persistent link: https://www.econbiz.de/10011372323
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Tax structures and economic growth: New evidence from the Government Revenue Dataset
McNabb, Kyle - 2016
Recent work on the relationship between tax structure and economic growth has offered little reliable evidence for developing countries. Yet it is in such countries where the greatest changes in tax structure not only have been seen over the past 30 years but will likely continue to be seen in...
Persistent link: https://www.econbiz.de/10011653960
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Ideologically-charged terminology: austerity, fiscal consolidation, and sustainable governance
Gründler, Klaus; Potrafke, Niklas - 2019
Scholars have been active in investigating causes and consequences of austerity policies. We examine how economists use the term “austerity” in scientific studies and measure austerity in empirical analyses. The sample includes around 3,500 journal articles published in the top 400 journals...
Persistent link: https://www.econbiz.de/10012018304
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ELR-led economic development: a plan for Tunisia
Kaboub, Fadhel - 2007
country like Tunisia. It argues that an ELR-led economic development policy is vastly superior to the traditional import … policy reforms that must accompany an ELR program to ensure long-term growth sustainability along with full employment and …
Persistent link: https://www.econbiz.de/10010266543