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New estimates of total factor productivity growth for developing and industrial countries

Nehru, Vikram; Dhareshwar, Ashok; DEC - Economics Research, World Bank Group - 1994

The authors present new estimates of long-term total factor productivity (TFP) growth for 83 industrial and developing countries for 1960-87. These estimates are based on new data developed for the research project on total factor productivity growth (and available on diskette). Although based...

Persistent link: https://www.econbiz.de/10005116707

Saving and growth in Sri Lanka

Hevia, Constantino; Loayza, Norman - Economics Research, World Bank Group - 2013

In the aftermath of its long-standing civil war, Sri Lanka is keen to reap the social and economic benefits of peace. Even in the middle of civil conflict, the country was able to grow at rates that surpassed those of its neighbors and most developing countries. It is argued, then, that the...

Persistent link: https://www.econbiz.de/10010829428

Sub-Saharan Africa's recent growth spurt : an analysis of the sources of growth

Cho, Yoonyoung; Tien, Bienvenue N. - Economics Research, World Bank Group - 2014

Since the mid-1990s, Sub-Saharan Africa has experienced unprecedented levels of high economic growth. A key question follows: What accounts for the turnaround of the growth performance in the mid-1990s? The answer can provide insight into whether the recent growth spurt in Sub-Saharan Africa is...

Persistent link: https://www.econbiz.de/10010770375

Saving and growth in Egypt

Hevia, Constantino; Loayza, Norman - Economics Research, World Bank Group - 2011

This study illustrates the mechanisms linking national saving and economic growth, with the purpose of understanding the possibilities and limits of a saving-based growth agenda in the context of the Egyptian economy. This is done through a simple theoretical model, calibrated to fit the...

Persistent link: https://www.econbiz.de/10008800593

How significant is Africa's demographic dividend for its future growth and poverty reduction ?

Ahmed, S. Amer; Cruz, Marcio; Go, Delfin S.; … - Economics Research, World Bank Group - 2014

Africa will be undergoing substantial demographic changes in the coming decades with the rising working age share of its population. The opportunity of African countries to convert these changes into demographic dividends for growth and poverty reduction will depend on several factors. The...

Persistent link: https://www.econbiz.de/10011096292

Aid is good for the poor

Hirano, Yumeka; Otsubo, Shigeru - Economics Research, World Bank Group - 2014

Aid is good for the poor. This paper uses detailed aid data spanning 60 developing countries over the past two decades to show that social aid significantly and directly benefits the poorest in society, while economic aid increases the income of the poor through growth. This new and unequivocal...

Persistent link: https://www.econbiz.de/10010884962

Inequality, the price of nontradables, and the real exchange rate : theory and cross-country evidence

Min, Hong-Ghi - Economics Research, World Bank Group - 2002

The author provides theoretical and empirical evidence of a negative association between income inequality and real … exchange rates. First, he builds a theoretical model showing the transmission mechanism from inequality to real exchange rates … negative relationship between inequality and real exchange rates does not imply that policies aimed at dramatic redistribution …

Persistent link: https://www.econbiz.de/10005079501

Relative price changes and the growth of the public sector

Shahbaz Khan, M. - Economics Research, World Bank Group - 1990

Policy recommendations to reduce the growth of public spending are haunted by the inevitability of two factors. First Wagner's law, the hypothesis that with economic development an increasing share of GDP is devoted to public spending, and secondly, Baumol's effect, that as economies develop,...

Persistent link: https://www.econbiz.de/10005079538

Who paid the bill? Adjustment and poverty in Brazil, 1980-95

Fox, M. Louise; Morley, Samuel A. - Economics Research, World Bank Group - 1991

The difficulties most Latin American countries have experienced in returning to sustained growth after the world recession and debt crisis of 1982 have surprised and frustrated many observers. Concern is increasingly expressed about the social costs of this period of recession and adjustment,...

Persistent link: https://www.econbiz.de/10005079539

Methods for measuring the effect of adjustment policies on income distribution

Maasland, Anne - Economics Research, World Bank Group - 1990

The effect of adjustment policies on different groups in the population is an important and complex issue. The distributional implications can have a large influence on the sustainability of programs. In particular, there is a need to identify how different groups in society are affected by an...

Persistent link: https://www.econbiz.de/10005079573