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Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
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The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis of empirical age-earnings profiles using a life-cycle approach. The paper's objectives are...
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This paper examines India’s federal system in the context of prospects for India’s future economic growth and … development. After a brief review of India’s recent policy reforms and economic development outcomes, and of the country’s federal … institutions, the analysis focuses on the major issues with respect to India’s federal system in terms of their developmental …
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