Finance Development December 1987

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 56 pages
File Size : 55,5 Mb
Release : 1987-12-01
Category : Business & Economics
ISBN : 9781616353711

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Finance & Development, December 1987 by International Monetary Fund. External Relations Dept. Pdf

This paper discusses the structural adjustment in low-income countries. In the first 20 months of its operations, the IMF’s structural adjustment facility (SAF) has provided concessional financial assistance to support the balance-of-payments adjustment efforts of 21 low-income member countries. Most SAF arrangements have supported policy reform programs that have also received support under other IMF facilities. The fundamental concept underlying the SAF is the notion that growth and adjustment are mutually reinforcing.

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 56 pages
File Size : 40,9 Mb
Release : 1987-03-01
Category : Business & Economics
ISBN : 9781616353681

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Finance & Development, March 1987 by International Monetary Fund. External Relations Dept. Pdf

The issue of capital flight from developing countries is discussed. The debt problems of developing countries coupled with the sharp decline in international lending to many countries have evoked great interest in the issue of private capital outflows, or capital flight, from these countries among international policymakers, academics, and in the general public. Residents of countries with exchange controls can purchase foreign exchange overseas by paying in local currencies, albeit at a higher cost than through official channels.

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 56 pages
File Size : 40,5 Mb
Release : 1987-09-01
Category : Business & Economics
ISBN : 9781616353704

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Finance & Development, September 1987 by International Monetary Fund. External Relations Dept. Pdf

The enhancement of the IMF’s structural adjustment facility is discussed. In its April 1987 meeting, the IMF’s Interim Committee highlighted the plight of low-income countries, and outlined a strategy for their recovery. It emphasized that it is crucial for these countries to implement reforms that to be fully effective, will need to be accompanied by the timely provision of additional financing on appropriate concessional terms to support these reforms. The Committee also called upon creditor governments to grant exceptional relief with respect to official credits in highly indebted low-income countries.

Author : Anonim
Publisher : DIANE Publishing Inc.
Page : 24 pages
File Size : 54,7 Mb
Release : 2024-06-29
Category : Electronic
ISBN : 8210379456XXX

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ERD Working Paper Series by Anonim Pdf

Author : Jesus Felipe
Publisher : DIANE Publishing
Page : 41 pages
File Size : 47,9 Mb
Release : 2008-10
Category : Business & Economics
ISBN : 9781437905656

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Why Are Some Countries Richer Than Others? by Jesus Felipe Pdf

Provides evidence of a problem with the influential testing and assessment of Solow¿s (1956) growth model proposed by Mankiw et al. (1992) and a series of papers evaluating the latter. First, the assumption of a common rate of technical progress maintained by Mankiw et al. (1992) is relaxed. Solow¿s model is extended to include the different levels and rates of technical progress of each country. This increases the explanatory power of the cross-country variation in income/capital of the OECD countries to over 80%. The estimates of the parameters are statistically significant and take the expected values and signs. Second, the estimates merely reflect a statistical artifact. This has serious implications for the possibility of actually testing Solow¿s growth model. Illus.

Author : Ross Levine
Publisher : World Bank Publications
Page : 84 pages
File Size : 41,5 Mb
Release : 2024-06-29
Category : Electronic
ISBN : 8210379456XXX

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Financial Development and Economic Growth by Ross Levine Pdf

The International Monetary Fund (IMF) presents the full text of the December 2000 paper entitled "Financial Development and Economic Growth: An Overview," prepared by Mohsin S. Khan and Abdelhak S. Senhadji. The text is available in PDF format and the paper is part of the IMF's Working Paper series. This paper provides a review of literature on financial markets and discusses the relationship between financial development and economic growth.

Author : Peter Choynowski
Publisher : DIANE Publishing
Page : 26 pages
File Size : 47,7 Mb
Release : 2008-05
Category : Technology & Engineering
ISBN : 9781437900545

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Measuring Willingness to Pay for Electricity by Peter Choynowski Pdf

The measurement of willingness to pay for electricity relies critically on a reliable estimate of the demand for electricity function. Empirical work tends to assume that the demand for electricity has no satiation point. Many electricity demand models assume a constant price elasticity, which implies infinite demand at low prices. This report proposes a plausible functional form for the demand of electricity. The proposed functional form is consistent with two properties of electricity demand functions for households & firms, namely, the negative relationships between price & quantity, & the finiteness of demand at zero price. The report also demonstrates that this functional form of the demand function leads to easily estimable economic benefits of electricity.

Author : Arsenio M. Balisacan
Publisher : DIANE Publishing
Page : 35 pages
File Size : 48,5 Mb
Release : 2011-04
Category : Reference
ISBN : 9781437980141

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Economic Growth and Poverty Reduction in Viet Nam by Arsenio M. Balisacan Pdf

Viet Nam's dramatic transition and growth in the 1990s have been attributed to a series of reforms, known as "doi moi," which began in the late 1980s. Economic growth of nearly 8% yearly benefited the poor and reduced poverty from 61% in 1993 to 37% in 1998. The proportionate increases in the incomes of the poorest quintile were appreciably larger than those of the top 20 or 40% of the population. This result is at variance with typical findings for other countries, which indicate that welfare gains from growth are smallest for the lowest quintile and rise with income group. The results for Viet Nam suggest that the faster the growth rate, the lesser becomes the role of distributive factors that directly influence the poor's well-being. A print on demand report.

Author : Ron Duncan
Publisher : DIANE Publishing
Page : 30 pages
File Size : 41,6 Mb
Release : 2008-05
Category : Social Science
ISBN : 9781437900552

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Framework for Establishing Priorities in a Country Poverty Reduction Strategy by Ron Duncan Pdf

This paper reviews the history & progress of understanding development theory over the past 50 years. Development thinking has evolved from an early paradigm that focused on savings & capital investment to subsequent arguments favoring the inclusion of human capital, policy, technical change, & finally to the inclusion of the role of institutions, & good governance. Secure property rights in the broadest sense, which are applicable to all resources & not just land, are particularly important to realize investment yield. This evolution of development thought describes a conceptual framework that can guide development practitioners in prioritizing, sequencing, & characterizing all interventions aimed at reducing poverty.

Author : Assar Lindbeck
Publisher : DIANE Publishing
Page : 25 pages
File Size : 47,5 Mb
Release : 2008-06
Category : Social Science
ISBN : 9781437902051

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European Social Model by Assar Lindbeck Pdf

Developing countries, esp. the least developed ones, have more to learn from social policies in Europe during the early 20th cent. than from the elaborate welfare-state arrangements after WW2. In addition to macro-economic growth and stability, the main ambitions must be to fight human deprivation, incl. illiteracy, malnutrition, and poor access to water and sanitation; in some cases, also weak, incompetent, and/or corrupt governments. Informal systems in the fields of transfers and social services must not be destroyed when developing countries embark on more formal systems. The European experience also warns against the creation of social systems that are so generous that disincentives and receding social norms distort the nat. economy.

Author : Christopher Edmonds
Publisher : DIANE Publishing
Page : 31 pages
File Size : 55,9 Mb
Release : 2008-06
Category : Technology & Engineering
ISBN : 9781437902044

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Role of Infrastructure in Land-Use Dynamics and Rice Production in Viet Nam's Mekong River Delta by Christopher Edmonds Pdf

Examines the role of infrastructure development and technical change in explaining increases in agricultural production and changes in land use in the Mekong Delta Region of Viet Nam during the mid-1990s. The transportation costs involved in moving agricultural input and output between farms and markets significantly effect farm land use and production decisions. Greater transport costs reduce the likelihood that farms adopt intensive cropping patterns or cultivate non-rice crops. Results suggest that the quality of local water management infrastructure is much more important than transport costs in explaining the increased intensity of land use and level of production observed in the Mekong Delta during the 1990s. Illustrations.

Author : Kanokpan Lao-Araya
Publisher : DIANE Publishing
Page : 38 pages
File Size : 52,7 Mb
Release : 2008-12
Category : Business & Economics
ISBN : 9781437907339

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How Can Cambodia, Lao PDR, Myanmar, and Viet Nam Cope with Revenue Lost Due to AFTA Tariff Reductions? by Kanokpan Lao-Araya Pdf

In joining the Assoc. of Southeast Asian Nations (ASEAN) and ASEAN Free Trade Area, Cambodia, Lao PDR, Myanmar, and Viet Nam have agreed to comply with the Common Effective Preferential Tariff (CEPT) Scheme, which reduces intra-ASEAN tariff rates on certain imports and may reduce gov¿t. revenue. This study proposes tax structure and tax admin. reforms and other policies that can be introduced to enhance revenue collection. They can: Strategically allocate goods among the four CEPT scheme lists; Improve their tax systems by replacing traditional general sales taxes with Value Added Tax; Reduce inefficiencies that impede tax collection and Discourage tax avoidance and evasion and reduce corruption among tax officials.

Author : Neranjana Gunetilleke
Publisher : DIANE Publishing
Page : 45 pages
File Size : 45,6 Mb
Release : 2008-05
Category : Social Science
ISBN : 9781437900590

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Monetary Poverty Estimates in Sri Lanka by Neranjana Gunetilleke Pdf

Provides an introduction to poverty-related data available in Sri Lanka, & monetary measurements of poverty carried out using this data. The lack of an official poverty line in Sri Lanka until June 2004 has over time generated a number of poverty lines & corresponding poverty measures. While these poverty measures have provided a good base for poverty analysis, this paper also touches on the problems generated by the use of multiple methods. The release of the official poverty line by the Dept. of Census & Statistics can be seen as a major step forward in the debate on poverty measurement in Sri Lanka. Charts & tables.

Author : Ganeshan Wignaraja
Publisher : DIANE Publishing
Page : 45 pages
File Size : 44,7 Mb
Release : 2008-05
Category : Business & Economics
ISBN : 9781437900583

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Measuring Competitiveness in the World's Smallest Economies by Ganeshan Wignaraja Pdf

Attempts to measure competitiveness (CP) across countries have typically neglected the world¿s smallest economies. Hence, a simple composite index, the Small State Manufactured Export CP Index or SSMECI, was developed to benchmark industrial CP. The SSMECI represents the first attempt to provide a comprehensive picture of the CP performance of small states. The performance of small states varies across geographical regions, income groups, & country size classes. High-performing small states had better macroeconomic conditions, higher levels of foreign invest., more trade openness, better levels of educ., & modern infrastructure. A coherent, market-oriented CP strategy in small states is vital to success on international markets. Tables.

Author : Devendra Chhetry
Publisher : DIANE Publishing
Page : 42 pages
File Size : 43,6 Mb
Release : 2009-03
Category : Social Science
ISBN : 9781437905649

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Practices of Poverty Measurement and Poverty Profile of Nepal by Devendra Chhetry Pdf

Reviews the poverty measuring practices, available measures of poverty, and economic growth figures of Nepal. The poverty rates for FY 1976-77, 1984-85, and 1995-96 are found to be not comparable due to change in methodology over time. The three poverty rates average 40%. Nepal has experienced high economic growth during the 7th (1985-86 to 1989-90) and 8th (1992-93 to 1996-97) Plan periods with no strong evidences of poverty reduction. This incompatible result is partially explained by comparing growth of the agricultural sector with the role of the sector in providing employment and income generation at the household level, and by comparing social indicators particularly literacy rate with the growth of the nonagricultural sector. Tables.