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This 2008 Article IV Consultation highlights that Burundi is emerging slowly from more than a decade of civil conflict. GDP per capita is about US$139, and only 18 percent of the population is food secure. Economic growth slowed down while inflation increased in 2007. External developments were...
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This Selected Issues and Statistical Appendix paper analyzes the macroeconomic impact of the HIV/AIDS pandemic, as well … as its repercussions on fiscal policy of Namibia. The paper seeks to assess the macroeconomic impact of HIV/AIDS under a … paper also identifies the effect of HIV/AIDS on the real GDP growth rate over the medium term through a source of growth …
Persistent link: https://www.econbiz.de/10005825168
The Czech financial sector has changed dramatically since transition. In fifteen years, it has developed from a state-owned mono-bank into a privatised bank-based financial system with developing capital and private equity markets. This country focus analyses the development of the financial...
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This paper investigates the causes of the "vanishing effect of finance" detected in recent studies. The results highlight that the negative effect of the financial system on growth is mainly driven by advanced economies, whereas finance is still beneficial for income increases in developing...
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This paper examines the impact of both bank- and market-based financial development on economic growth in South Africa during the period from 1980 to 2012. Unlike some previous studies, the current study employs means-removed average to construct both bank- and market-based financial development...
Persistent link: https://www.econbiz.de/10010520866