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country like Tunisia. It argues that an ELR-led economic development policy is vastly superior to the traditional import … substitution industrialization (ISI), export-led, and FDI-led development models, all of which Tunisia has adopted without much … success in reducing unemployment. Despite outperforming its peers in terms of macroeconomic stability, Tunisia's official …
Persistent link: https://www.econbiz.de/10010266543
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
Widespread economic recessions and protracted financial crises have been documented as setting back gender equality and other development goals in the past. In the midst of the current global crisisoften referred to as the Great Recession"there is grave concern that progress made in poverty...
Persistent link: https://www.econbiz.de/10010266534
This paper analyzes the impact of infrastructure investment on tax revenues and on the economy of the region. In 1991, the Kyushu high-speed rail line was constructed and was completed in 2003. In 2004, the rail line started operating from Kagoshima to Kumamoto. The entire line was opened in...
Persistent link: https://www.econbiz.de/10011653776
The Kenyan economy had a growth of –0.3 per cent in the year 2001, the lowest growth in the post-independence era. The dismal growth performance coincided with the period when the government was involved in grassroot consultations with civil society and other stakeholders, to find out the...
Persistent link: https://www.econbiz.de/10010279057
An important feature of aid to developing countries is that it is given to the government. As a result aid has the potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on policy, it has tended to neglect the effect of aid on...
Persistent link: https://www.econbiz.de/10010295493
In this paper we discuss monetary and fiscal policy issues facing heavily-indebted poor countries (HIPCs) who receive debt reduction via the enhanced HIPC initiative. This debt relief program is distinguished from previous ones by its conditionality: freed resources must be used for poverty...
Persistent link: https://www.econbiz.de/10010279169
Côte d'Ivoire is the world's largest producer and exporter of cocoa beans, it accounts for 40% of the WAEMU's output, and 11% of its population are immigrant workers. Any political instability in the country will not only affect the domestic economy, but it will also affect the international...
Persistent link: https://www.econbiz.de/10010331411
This paper investigates the process of adjustment in employment. A dynamic model is applied to a panel of six Tunisian manufacturing industries observed over the period 1971?96. The adjustment process is industry and time specific. The adjustment parameter is specified in terms of factors...
Persistent link: https://www.econbiz.de/10010262110
equations are estimated using data (1971?96) for importable and exportable sectors in Tunisia. Causality tests show that … of labour increased dramatically in Tunisia as women entered the labour market. This allowed importable employment to be …
Persistent link: https://www.econbiz.de/10010262111