Showing 1 - 10 of 64
This note raises the IMF’s profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is...
Persistent link: https://www.econbiz.de/10011245899
Uganda has registered one of the most impressive economic turnarounds of recent decades. The amelioration of conflict and wide ranging economic reforms kick-started rapid economic growth that has now been sustained for some 20 years. But there is a strong sense in policy making circles that...
Persistent link: https://www.econbiz.de/10005248159
This paper focuses on two central issues related to the contrasting experiences of Malaysia and Pakistan regarding poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries, including the initial conditions, institutional changes,...
Persistent link: https://www.econbiz.de/10005248163
This paper analyzes the weak growth performance in the Middle East and North Africa (MENA) region during 1980-2000 using an empirical model of long-run growth. The relative importance of the factors affecting growth is shown to vary across 16 MENA countries. In GCC countries, where oil revenues...
Persistent link: https://www.econbiz.de/10005248255
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...
Persistent link: https://www.econbiz.de/10005252532
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting...
Persistent link: https://www.econbiz.de/10005263792
of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution …-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …
Persistent link: https://www.econbiz.de/10005263804
This paper examines different explanations-initial conditions, openness to trade and FDI, and institutions-of the … Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading …, openness appears to be a proximate rather than an underlying explanation for the Mauritian experience. The institution …
Persistent link: https://www.econbiz.de/10005263839
economies in the 1990s. Second, increasing financial openness is associated with rising relative volatility of consumption, but …
Persistent link: https://www.econbiz.de/10005263967