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Economic stabilisation and performance in West Africa : the role of fiscal and monetary policy
Mesagan, Ekundayo P.; Yusuf, Ismaila A. - 2019
The study examines the impact of fiscal and monetary policy on economic performance and stabilisation in Nigeria, Gambia, and Ghana between 1980 and 2017. In the study, the real gross domestic product and the exchange rate are used to proxy economic performance and economic stabilisation...
Persistent link: https://www.econbiz.de/10012137607
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Macroeconomic Policies, Instability and Growth in the World
Elbadawi, Ibrahim - 2017
High instability and low growth characterize the macroeconomic performance of most developing countries. Inadequate policies are often to blame. This paper documents the empirical regularities that characterize the relationship between macroeconomic-financial policies, instability, and growth...
Persistent link: https://www.econbiz.de/10012947088
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Impacts of US interest rates on growth, income distribution, and macroeconomic policy space in developing countries : a SFC supermultiplier model
Emboava Vaz, João - 2024
This paper presents a stock-flow-consistent model in which growth is led by exports and government expenditure. It considers domestic and external debt dynamics and gross capital flows. Countries may choose to not fully use their external space to accumulate international reserves. The model is...
Persistent link: https://www.econbiz.de/10014495213
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Aspects of Bureaucratic Corruption
Bose, Gautam - School of Economics, UNSW Business School - 2010
This review attempts to identify treatments of corruption that draw upon characteristics of underdevelopment either as causes or as consequences. It focuses on three aspects of corruption in developing economies: red tape, rent-seeking, and the abundance of intermediaries. Red tape is presented...
Persistent link: https://www.econbiz.de/10008725753
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The Impact of Bribery on Firm Performance: Evidence from Central and Eastern European Countries
Kochanova, Anna - Center for Economic Research and Graduate Education and … - 2012
I examine the relation between bureaucratic corruption ('to get things done') and firm performance in Central and Eastern European countries. While previous re- search relies on data from the BEEPS survey, which suffers from excessive non- reporting of corporate performance, I combine the...
Persistent link: https://www.econbiz.de/10010842929
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Bribery Environment and Firm Performance: Evidence from Central and Eastern European Countries
Hanousek, Jan; Kochanova, Anna - C.E.P.R. Discussion Papers - 2015
We examine the relation between bureaucratic corruption and firm performance in CEE countries. While previous research uses data from BEEPS, which suffers from excessive non-reporting of corporate performance, we combine reliable firm financials from the Amadeus database with information on...
Persistent link: https://www.econbiz.de/10011207394
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How Public Spending Can Help You Grow: An Empirical Analysis for Developing Countries
Moreno-Dodson, Blanca; Bayraktar, Nihal - In: World Bank - Economic Premise (2011) 48, pp. 1-4
purposes. In addition, those countries must have an adequate economic policy environment with macroeconomic stability, openness …
Persistent link: https://www.econbiz.de/10008837648
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Twin Deficits: Squaring Theory, Evidence and Common Sense
Corsetti, Giancarlo; Müller, Gernot J. - Department of Economics, European University Institute - 2005
standard two-country two-good model: we find that openness and the persistence of fiscal shocks are major determinants of the …
Persistent link: https://www.econbiz.de/10005557738
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State Capacity and the Quality of Policies: Revisiting the Relationship between Openness and the Size of Government
Chuaire, María Franco; Scartascini, Carlos G.; … - 2014
The literature has identified that countries with higher levels of openness tend to present a larger government sector … as a way to reduce the risks to the economy that openness entails. This paper argues that there are a number of policies … between openness and the size of government might be mediated by the quality of its public sector. While countries with weak …
Persistent link: https://www.econbiz.de/10011314159
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State capacity and the quality of policies : revisiting the relationship between openness and the size of government
Chuaire, María Franco; Scartascini, Carlos G.; … - 2014
The literature has identified that countries with higher levels of openness tend to present a larger government sector … as a way to reduce the risks to the economy that openness entails. This paper argues that there are a number of policies … between openness and the size of government might be mediated by the quality of its public sector. While countries with weak …
Persistent link: https://www.econbiz.de/10011286644