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India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high … growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the … acceleration of investment in transport and infrastructure. The immediate priority is to achieve the kind of fiscal quality and low …
Persistent link: https://www.econbiz.de/10011242441
in energy and infrastructure in scenarios with varying degrees of debt finance and with different types of supporting … growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal … non-energy infrastructure. These programs lead to much higher real wages and real GDP while keeping public debt …
Persistent link: https://www.econbiz.de/10010790369
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in … accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were … investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little …
Persistent link: https://www.econbiz.de/10010959467
Lambrinidis M., Psycharis Y. and Rovolis A. (2005) Regional allocation of public infrastructure investment: the case of … infrastructure investment and applies it to Greece for 1982-94 using panel methods of estimation. The principal conclusions are that … regional allocations of infrastructure investment (1) were negatively associated with regional product per capita as well as …
Persistent link: https://www.econbiz.de/10005491632
gestrichen werden. 3. Grundlagen für künftiges Wachstum schaffen. Dazu muss beständig und effektiv in die Infrastruktur … investiert werden - nicht im Rahmen von Hauruck-Programmen. Die Mittel für eine ordentliche Infrastruktur sind da - die Politik …
Persistent link: https://www.econbiz.de/10011166250
structural adjustment programmes. Without proper trading infrastructure, no country or economic bloc can succeed in the new … over other regional blocs. This paper tries to find out the role played by infrastructure facilities in economic … major changes in future regional policies in order to remove rising regional disparities in both infrastructure and income …
Persistent link: https://www.econbiz.de/10010903968
-based growth remain, including large infrastructure gaps, insufficient energy supply, and limited access to safe water and … stabilization over the last five years. Real GDP growth averaged some 7 percent, driven by output expansion in agriculture, mining …, and services; as well as the scaling-up of infrastructure investment. Nonetheless, important impediments to broad …
Persistent link: https://www.econbiz.de/10011244166
Benin’s program furthers the objectives elaborated in the previous report. It is the result of a broad participative process that engaged all levels of government, the private sector, civil society, and donor partners. Executive Directors commend the program as it provides an adequate...
Persistent link: https://www.econbiz.de/10011244174
This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic situation in Jordan is closely tied to that of other...
Persistent link: https://www.econbiz.de/10011244218
performance of policies, the political and institutional environment, and the constraints weighing on its growth as well as the … challenges to be addressed. The shortage of basic infrastructure, especially in the rural areas, is due to elevated costs and low … investments. This is compounded by the high cost of individual sanitation infrastructure, the poverty of households, and the …
Persistent link: https://www.econbiz.de/10011244228