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Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010212759
that there seem to be persistent output losses associated with ED shocks in the medium-run. In terms of policy implications …
Persistent link: https://www.econbiz.de/10009317481
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010957499
Ragnar Nurkse was one the pioneers in development economics. This paper celebrates the hundredth anniversary of his … employment policy in mobilizing domestic resources and the difficulties surrounding the use of external resources to finance …
Persistent link: https://www.econbiz.de/10014222584
In this paper, a demand-driven growth model is used to explore climate change scenarios faced by the South African economy. The focus is on key macroeconomic variables including employment, productivity, income distribution, trade, and fiscal balances. Results show that emission reduction alone...
Persistent link: https://www.econbiz.de/10014345263
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010718528
This paper outlines a 15-year program for implementing the 2015 Human Development targets while resolving fully the debt overhang problem for a set of 49 poor countries. The proposal requires additional contributions from 23 rich countries amounting to 0.1 of 1% of their GDP over each of the 15...
Persistent link: https://www.econbiz.de/10005634032
This article discusses full employment policies in their general and theoretical terms and assesses their possibility of application in Italy. Firstly Vito examines the arguments provided by neoclassical theory against full employment policies. Secondly Vito examines the causes of unemployment...
Persistent link: https://www.econbiz.de/10010786923
stimuls should be merged with monetary policy, although herewith it requires tough coordination between government-led public … tax balance, while fiscal policy should be oriented only on regulation of aggregate demand. Cutting taxes and decreasing …
Persistent link: https://www.econbiz.de/10012955223
We develop a simple semistructural model for the Rwandan economy to better understand the monetary policy transmission … structural features of Rwanda's economy and policy framework, such as the limited degree of capital mobility. A filtration of the …
Persistent link: https://www.econbiz.de/10013047608