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engaged in agriculture, 30% (about 6 million Kenyans) are employed in the coffee industry. …The importance of coffee to the world economy cannot be underestimated. It is one of the most widely traded … drinking coffee is an integral way of life. The global coffee consumption reached 128 million bags in 2007 and 130 million in …
Persistent link: https://www.econbiz.de/10011439227
Persistent link: https://www.econbiz.de/10009638708
cooperation with Colombia over the period 2002-2011. It also aims at identifying key lessons in order to improve the current and …
Persistent link: https://www.econbiz.de/10011799366
Given the consolidation needs and the provisions of the new fiscal rule, budgetary planning in Germany has become more demanding. Fiscal projections are already difficult since the link between total tax revenue and economic activity is observed to be unstable. This Country Focus identifies...
Persistent link: https://www.econbiz.de/10009641056
This study focuses on the most important drivers of the swift current account rebalancing which is taking place in Estonia and considers the possible way forward. After very large deficits in the boom years (2005-2007), Estonia's current account balance turned positive in the downturn, as...
Persistent link: https://www.econbiz.de/10009641059
Romania's domestic demand boom over the past few years has led to rapidly widening current account deficits, reaching an estimated 13½% of GDP in 2008. High private sector dissaving has been exacerbated by a procycylical fiscal policy, with the public deficit likely to exceed 3% of GDP in 2008....
Persistent link: https://www.econbiz.de/10009641061
Measuring public sector efficiency is not generally straightforward and presents a difficult empirical issue, specifically in terms of adequate measurement of costs and outcomes. This Country Focus attempts to measure the efficiency of public spending in Malta by applying two alternative...
Persistent link: https://www.econbiz.de/10009641062
The UK's self-sufficiency in fossil fuels shields public finances from the negative effects of higher oil prices on general economic activity. Changes in the international price of oil affect government revenues from the corporate and household sectors. Taxes on oil production are estimated to...
Persistent link: https://www.econbiz.de/10009641068
The dominance of electoral considerations in determining budgetary outcomes has been evident in Hungary over the last 15 years, with government deficits reaching their highest levels in election years (1994, 1998, 2002 and 2006). This deterioration of public finances has largely been possible...
Persistent link: https://www.econbiz.de/10009641089
Since the early 1990s Croatia has managed a rather successful transition process with solid growth, low inflation and exchange rate stability. Better integration into international financial markets, capital account liberalisation and banking sector reform have facilitated access to foreign...
Persistent link: https://www.econbiz.de/10009641145