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COVID-19 : macroeconomic dimensions in the developing world
Addison, Tony; Sen, Kunal; Tarp, Finn - 2020
macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …
Persistent link: https://www.econbiz.de/10012228062
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Development in Africa
Pelizzo, Riccardo; Kinyondo, Abel; Nwokora, Zim - 2018
The purpose of the chapter is to analyze Africa's economic successes in the past half century, to understand not only what made it possible but also and more importantly what risk factors may eventually bring it to an end or compromise it. While it may not be possible for Africa to alter, for...
Persistent link: https://www.econbiz.de/10011794986
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Foreign Aid, Poor Data, and the Fragility of Macroeconomic Inference
Roger, Lionel - 2016
The link between foreign aid and economic growth remains a controversial issue in the literature, and a large share of the disagreement could be explained by differences in the data employed. Using GDP data from three different versions of the Penn World Table and the World Development...
Persistent link: https://www.econbiz.de/10012991862
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Kill your darlings? : do new aid flows help achieve a poverty minimizing allocation of aid?
Tengstam, Sven; Isaksson, Ann-Sofie - 2021
In this study, we derive a poverty-minimizing allocation rule, based on which we assess the povertyefficiency of actual aid allocations, with a special focus on the comparative impact of new donors and new non-aid flows. The results suggest a substantial misallocation of aid. Our benchmark...
Persistent link: https://www.econbiz.de/10012695333
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The burden of government debt in the Indian states: Implications for the MDG poverty target
Dutta, Indranil - 2007
, but the government's debt burden is actually stopping several states from attaining the MDG targets. Although, in the … medium term the impact of the debt on poverty is not very harmful, in the longer run it has a significant negative impact …. Therefore for policy purposes reduction in debt should be given a priority. …
Persistent link: https://www.econbiz.de/10010284630
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Central Bank Independence, Fiscal Deficits, and the Poverty Trap
Murota, Ryu-ichiro - 2014
This paper shows that multiple steady states occur if a central bank is not independent and is compelled to finance a large fiscal deficit through seigniorage. If the initial capital stock is less than a certain threshold, the economy converges to a steady state where the capital stock is low...
Persistent link: https://www.econbiz.de/10013071018
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Towards Poverty Reducing Macroeconomic Policies - Strategy Paper
Gunter, Bernhard G. - 2008
There are substantial disagreements on the impact of macroeconomic policies on poverty. While past criticism of stabilization and adjustment programs have led to considerable changes in program implementation and program content, heated debates on the impact of macroeconomic policies on poverty...
Persistent link: https://www.econbiz.de/10014212263
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Debt relief, demand for education, and poverty
Dabla-Norris, Era; Matovu, John M.; Wade, Paul - 2002
The objective of this paper is to arrive at a better understanding of the implications of debt relief savings for …
Persistent link: https://www.econbiz.de/10010279286
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The role of social protection and tax policies in cushioning crisis impacts on income and poverty in low- and middle-income countries : a rapid scoping review
Oliveira, Rodrigo Carvalho; Lastunen, Jesse; … - 2023
In the wake of the COVID-19 pandemic, several countries enacted tax and social protection measures to help mitigate the economic hardship faced by individuals and households. This experience underscores the need to better understand the impact of such programmes on incomes and poverty during...
Persistent link: https://www.econbiz.de/10013549875
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Fiscal Policy and Poverty Convergence in Moroccan Localities
Sahibi, Youness - 2016
of the local finance management mode (debt, cash, etc.), on the reduction of poverty.Also, we are using data on … improve it.Our result has shown that the policy using debt to finance the expenditure could improve the convergence process …
Persistent link: https://www.econbiz.de/10012989821