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The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a baseline of current spending to GDP in these sectors. Toward this end, we apply an innovative...
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One consequence of the rise in inequality witnessed over the past 40 years is its potentially negative impact on intergenerational mobility if parents at the bottom of the income distribution invest significantly less in their children’s human capital. I consider whether public investments in...
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This paper investigates the dynamic impact of natural resource discoveries on government debt sustainability. We use a … presource curse', id est, natural resources can jeopardize fiscal sustainability even before 'the first drop of oil is pumped …
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