The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play an essential part to bring the country on the path of economic growth, and competition within the sector is crucial to achieve this goal. In this paper we analyze the effect of...

Angesichts seit längerer Zeit rückläufiger öffentlicher Investitionen in Deutschland wird vielfach eine deutliche Ausweitung staatlicher Infrastrukturinvestitionen gefordert, um vermeintliche oder tatsächliche Wachstumshemmnisse zu beseitigen. Vor diesem Hintergrund hat sich das ifo...

Manufacturing has traditionally been regarded in the development literature as having special growth-pulling or growth-enhancing properties. The share of manufacturing in GDP has been declining slightly over time in South Africa, while that of services has been growing. This study focuses on the...

South Africa is considering introducing carbon taxes to reduce greenhouse gas emissions. We evaluate potential impacts using a dynamic economy-wide model linked to an energy sector model. Simulation results indicate that a phased-in carbon tax that reaches US$30 per ton of CO2 by 2022 achieves...