Download or read book Advancing Inclusive Growth in Cambodia written by Mr.Niels-Jakob H Hansen and published by International Monetary Fund. This book was released on 2019-09-06 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: We evaluate the impact of fiscal reforms on growth and inequality in Cambodia using a calibrated general equilibrium model with heterogeneous agents (Peralta-Alva et al., 2018). Over the last two decades, Cambodia’s consumption inequality and poverty have declined. However, income inequality is higher, and large gaps remain between urban and rural residents. At the same time, domestic revenue mobilization has improved substantially, but collection of tax revenue is biased towards non-progressive sources. We use the model to evaluate the growth and inequality impact of reforms that increase infrastructure spending by raising (i) VAT, (ii) property tax, or (iii) personal income tax. We find that using property taxes delivers the largest increase in GDP and reduction in inequality. Reaping the gains from property taxation will however require additional investments in tax administration.
Download or read book Cambodia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-12-17 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cambodia has made significant progress towards the Sustainable Development Goals (SDGs) due to years of impressive economic growth and reforms. Income growth has outpaced peers, poverty has declined, and the economy has begun to gradually diversify. At the same time, elevated financial sector vulnerabilities, development spending needs, and governance weaknesses pose challenges for further advancing sustainable growth and development.
Download or read book Development Centre Studies Can Social Protection Be an Engine for Inclusive Growth written by OECD and published by OECD Publishing. This book was released on 2019-04-24 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.
Download or read book Poverty Inequality and Inclusive Growth in Asia written by Juzhong Zhuang and published by Anthem Press. This book was released on 2010-05 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Asia’s growth record in recent decades is remarkable, it has been marred by rising inequalities. This book looks at recent trends of income and non-income inequalities in developing Asian countries, discusses their underlying driving forces, and examines key policy issues that need to be addressed to ensure that the benefits of growth will be more equitably shared in Asia. The book also presents a set of country studies that provide rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth.
Download or read book Gender Equality and Inclusive Growth written by Raquel Fernández and published by International Monetary Fund. This book was released on 2021-03-04 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers various dimensions and sources of gender inequality and presents policies and best practices to address these. With women accounting for fifty percent of the global population, inclusive growth can only be achieved if it promotes gender equality. Despite recent progress, gender gaps remain across all stages of life, including before birth, and negatively impact health, education, and economic outcomes for women. The roadmap to gender equality has to rely on legal framework reforms, policies to promote equal access, and efforts to tackle entrenched social norms. These need to be set in the context of arising new trends such as digitalization, climate change, as well as shocks such as pandemics.
Download or read book Inclusive Growth Review of Korea Creating Opportunities for All written by OECD and published by OECD Publishing. This book was released on 2021-02-08 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years Korea has stepped up efforts to reduce inequalities in recognition that a fairer economic model is also the most sustainable one. In order to support this new policy direction, the OECD has carried out novel analysis of inclusive growth building on its Framework for Policy Action, developed by the OECD to improve the prospects of the groups left behind.
Download or read book Confronting Inequality written by Jonathan D. Ostry and published by Columbia University Press. This book was released on 2019-01-08 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.
Download or read book Social Protection System Review of Cambodia written by Collectif and published by OECD. This book was released on 2017-11-06 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2017, the Royal Government of Cambodia published a new Social Protection Policy Framework (SPPF), providing an ambitious vision for a social protection system in which a comprehensive set of policies and institutions operate in sync with each other to sustainably reduce poverty and vulnerability.The Social Protection System Review of Cambodia prompts and answers a series of questions that are crucial for the implementation ofthe framework : How will emerging trends affect the needs for social protection, now and into the future? To what extent are Cambodia’s social protection instruments able – or likely – to address current and future livelihood challenges? How does fiscal policy affect social protection objectives? This review provides a contribution to the ongoing policy dialogue on social protection, sustainable growth and poverty reduction. It includes four chapters. Chapter 1 is a forward-looking assessment of Cambodia’s social protection needs. Chapter 2 maps the social protection sector and examines its adequacy. An investigation of the distributive impact of social protection and tax policy is undertaken in Chapter 3. The last chapter concludes with recommendations for policy strategies that could support the establishment of an inclusive social protection system in Cambodia, as envisaged by the SPPF.
Download or read book Azerbaijan Moving Toward More Diversified Resilient and Inclusive Development written by Aimee Hampel-Milagrosa and published by Asian Development Bank. This book was released on 2020-08-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Azerbaijan has set the course for the economy to reduce its dependence on oil by promoting new drivers of growth. By 2025, under the government’s Strategic Roads Maps, a more diversified economy should take shape led by three sectors: agriculture, tourism, and manufacturing. Bold reforms need to strengthen areas of the economy that could otherwise impede this transition, and policy makers must resolutely stay on the reform path. The core message of this publication is diversification toward non-oil sources of growth alongside efforts to reduce macroeconomic risks and the high cost of finance, make the education system responsive to the needs of the labor market, close infrastructure gaps, and help economically significant state-owned enterprises become more efficient.
Download or read book Cambodia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2022-12-18 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: After suffering a recession during the pandemic, the Cambodian economy was on a steady recovery path, but is facing new pressures in 2022 that have buffeted external demand and increased inflation rates. The authorities have largely continued with crisis policy responses and have pressed on with policy reforms. The recovery is projected to continue, notwithstanding external stresses. Risks of public debt distress remain low. However, the level of private debt raises concerns about potential debt overhang.
Download or read book Local Economic and Employment Development LEED Culture and Local Development written by OECD and published by OECD Publishing. This book was released on 2005-04-21 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication highlights the impact of culture on local economies and the methodological issues related to its identification.
Download or read book Regional Comprehensive Economic Partnership written by Mahani Hamdan and published by Bentham Science Publishers. This book was released on 2023-01-12 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Regional Comprehensive Economic Partnership(RCEP) is a free-trade deal between 10 ASEAN member states and Australia,China, Japan, New Zealand, and South Korea. It is the world's biggest regionaltrade deal, and it will create the world's most populous trade area. Thisedited collection features 10 contributions from multidisciplinary authors andis meant to share research and best practises on different aspects of the RCEP.It presents research projects that contribute to the discussion about the theory,lessons learned, and business strategies, to give a better understanding of theRCEP and how it can shape policy in member countries. The themes in eachchapter can also serve to evaluate reports on the RCEP's overall progress. Thebook covers a broad range of subjects, including an overview of the RCEP,digital economy, peer-to-peer lending, international e-commerce, big data, ICTreadiness and much more. This work is a key source of information and referencefor RCEP development for academics and researchers (in economics and politicalscience), government and trade organisations and policymakers interested in theRCEP. Members of the general public who want to understand debates surroundingthe RCEP will also benefit from the information provided.
Download or read book Japan Fund for Poverty Reduction written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-11-01 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Japan Fund for Poverty Reduction (JFPR) was established in May 2000 and provides direct grant assistance to the poorest and most vulnerable groups in developing member countries (DMCs) of the Asian Development Bank (ADB) while fostering long-term social and economic development. The grants target poverty reduction initiatives with the direct participation of nongovernment organizations, community groups, and civil society. In 2009, the Government of Japan and ADB expanded the scope of JFPR to include provision of support to DMCs through capacity development, policy and advisory, research and development, and project preparatory technical assistance.
Download or read book Advanced Economies and Emerging Markets written by Marcus Goncalves and published by Business Expert Press. This book was released on 2014-09-08 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is intense competition among emerging markets to capture their share of the global economy. This book addresses questions that are germane to accomplishing this goal. Most important to this end is the study and practice of international business and foreign trade.
Download or read book SME Policy Index ASEAN 2018 Boosting Competitiveness and Inclusive Growth written by OECD and published by OECD Publishing. This book was released on 2018-09-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SME Policy Index is a benchmarking tool for emerging economies to monitor and evaluate progress in policies that support small and medium-sized enterprises.
Download or read book Economic Outlook for Southeast Asia China and India 2014 Beyond the Middle Income Trap written by OECD and published by OECD Publishing. This book was released on 2013-11-14 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a medium-term (five-year) economic outlook for Southeast Asia, China and India.
Download or read book Financial Sector Development Strategy 2011 2020 Cambodia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-08-01 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a rapidly growing commercial economy that requires a sound financial system to sustain growth, Cambodia is committed to the long-term development of the financial sector, channeling financial resources to productive investments, and managing the inherent risks to achieve sustainable economic growth over the long term and contribute to poverty reduction. Financial Sector Development Strategy 2011–2020 reflects Cambodia’s achievements to date, provides an assessment of current challenges and constraints to financial sector development, the long-term goals, and a prioritized set of action plans for the next decade. Said strategy will enable Cambodia’s financial sector to integrate into the regional financial system and support her long-term economic development agenda.
