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Persistent link: https://www.econbiz.de/10015058600
Uganda has committed to an ambitious climate change mitigation and adaption agenda. To achieve this, the country has developed a sound framework to enhance climate change sensitivity across public financial and public investment management. The framework clearly allocates responsibilities,...
Persistent link: https://www.econbiz.de/10015058639
Internationally coordinated climate mitigation policies can effectively put the world on a path toward achieving the agreed Paris temperature goals. Such coordination could be initiated by large players, such as China, the US, India, the African Union, and the European Union. We find that the...
Persistent link: https://www.econbiz.de/10015058642
In this paper, we use quarterly data and a novel database on fiscal policy consolidation announcements, for a sample of advanced economies and emerging markets to quantify the effects of fiscal tightening on inflation expectations. We find that fiscal consolidation announcements reduce inflation...
Persistent link: https://www.econbiz.de/10015058655
This paper analyzes the distributional impacts of inflation in Thailand. For that aim, the paper uses rich micro-survey data on 46,000 Thai households to study the effect of the recent elevated inflation on poverty, its distributional effects on different income levels, and the fiscal cost to...
Persistent link: https://www.econbiz.de/10015058708
The Finance Division (FD) of the MoF has sought Macroeconomic Framework Technical Assistance from ICD and SARTTAC to support them in improving their Medium-term Macroeconomic Framework. A scoping mission was held in Dhaka in January 2023 to diagnose the FD's current forecasting and policy...
Persistent link: https://www.econbiz.de/10015058712
historically been a significant source of population growth, with a third of the population born overseas. Migration is set to … become even more important as the population natural growth rate declines. Australia attracts some of the best … migration is challenging, but within Australia, migration surges have historically been associated with higher growth and …
Persistent link: https://www.econbiz.de/10015058757
This paper discusses Costa Rica's 2023 Article IV Consultation, Fifth Review under the Extended Arrangement under the Extended Fund Facility (EFF), Second Review under the Resilience and Sustainability Facility (RSF), and Request for Modification of Reform Measure. Costa Rica is reaping the...
Persistent link: https://www.econbiz.de/10015058784
This Selected Issues paper assesses the Central Bank of Armenia's (CBA) monetary policy framework. It discusses the CBA's track record with inflation targeting; describes the risk-based approach to price stability, offering insights on its potential benefits, while cautioning of likely pitfalls...
Persistent link: https://www.econbiz.de/10015058828
climate shocks on output growth and fiscal positions of EMDEs is not fully understood. This research analyzes the macro … agriculture tends to be the principal sector, a drought reduces output growth by 1.4 percentage points and government revenue by 0 … to a disaster, fiscal expenditure does not increase following a drought. A storm drags output growth in EMDEs, albeit …
Persistent link: https://www.econbiz.de/10015058849