This Poverty Reduction Strategy Paper (PRSP) on Djibouti explains past strategies and the PRSP formulation process. Djibouti suffers from a gross lack of reliable health statistics. Available information gives only a fragmented picture of the reality, but globally, it reveals a difficult health...

The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis of empirical age-earnings profiles using a life-cycle approach. The paper's objectives are...

A particularly important struggle faced by demographic analysts is, how to arrive at statements about family formation processes from a cohort perspective from data that are essentially collected on an annual basis. The present paper is concerned with this struggle, mostly restricted to the case...

This paper focuses on the National Strategy for Accelerated Poverty Reduction for Bangladesh. The paper discusses that accelerating growth and bringing a pro-poor orientation in the growth process would be achieved through emphasizing four priority areas: accelerated growth in rural areas and...

Recent literature finds that in OECD countries the cross-country correlation between the total fertility rate and the female labor force participation rate, which until the beginning of the 1980s had a negative value, has since acquired a positive value. This result is (explicitly or implicitly)...

This paper reviews Bangladesh’s Interim Poverty Reduction Strategy Paper (I-PRSP). The paper addresses the question as to “what are the broad lessons from the past development experience.†It captures the salient features of social progress notwithstanding the challenging odds...

To stimulate private sector credit expansions in Pakistan, the monetary policy has been accommodative while financial sector reforms have brought about a lowering of intermediation costs and bank spreads. Consequently, the weighted average lending rates have declined from 14.6 percent in June...

This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will...

This survey examines the implications of gender differences in economic behavior for macroeconomic policy. It finds that reducing gender inequality and improving the status of women may contribute to higher rates of economic growth and greater macroeconomic stability. Women's relative lack of...

This paper examines the effect of income distribution on growth in developing countries. Based on data from the World Bank and the United Nations Development Programme, we use a sample of twenty-eight developing economies and find that income distribution does not affect growth in these...