Download or read book How Much Do Distortions Affect Growth written by William Russell Easterly and published by World Bank Publications. This book was released on 1993 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the traditional view that distortions of relative prices have modest effects, Easterly finds that distortions can greatly affect growth and welfare.
Download or read book Policy Distortions Size of Government and Growth written by William Russell Easterly and published by World Bank Publications. This book was released on 1989 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Growth in Sub Saharan Africa written by Mr.Dhaneshwar Ghura and published by International Monetary Fund. This book was released on 1995-12-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.
Download or read book Macroeconomic Reforms and Growth in Africa written by Lawrence Bouton and published by World Bank Publications. This book was released on 1994 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Barriers to Riches written by Stephen L. Parente and published by MIT Press. This book was released on 2002-01-25 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date.
Download or read book Developing Countries and the Uruguay Round Negotiations on Services written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1993 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many developing countries are pursuing regulatory reform and liberalization. To what extent will signing the General Agreement on Trade an Services help governments trying to make their service sectors more efficient? Is the result of the defensive negotiating strategy that was pursued consistent with the shift toward a policy of liberalizing service markets?
Download or read book Competition Competition Policy and the Gatt written by and published by World Bank Publications. This book was released on with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Notes on Patents Distortions and Development written by Julio J. Nogués and published by World Bank Publications. This book was released on 1990 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the economics of patents? What problems arise in implementing a patent system? How much do distortions in developing countries affect the benefits and costs of a patent system? And what are the policies that would increase the likelihood of patents benefiting a developing country?
Download or read book Macroeconomic Fluctuations and Policies written by Edouard Challe and published by MIT Press. This book was released on 2023-09-19 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: The basic tools for analyzing macroeconomic fluctuations and policies, applied to concrete issues and presented within an integrated New Keynesian framework. This textbook presents the basic tools for analyzing macroeconomic fluctuations and policies and applies them to contemporary issues. It employs a unified New Keynesian framework for understanding business cycles, major crises, and macroeconomic policies, introducing students to the approach most often used in academic macroeconomic analysis and by central banks and international institutions. The book addresses such topics as how recessions and crises spread; what instruments central banks and governments have to stimulate activity when private demand is weak; and what “unconventional” macroeconomic policies might work when conventional monetary policy loses its effectiveness (as has happened in many countries in the aftermath of the Great Recession.). The text introduces the foundations of modern business cycle theory through the notions of aggregate demand and aggregate supply, and then applies the theory to the study of regular business-cycle fluctuations in output, inflation, and employment. It considers conventional monetary and fiscal policies aimed at stabilizing the business cycle, and examines unconventional macroeconomic policies, including forward guidance and quantitative easing, in situations of “liquidity trap”—deep crises in which conventional policies are either ineffective or have very different effects than in normal time. This book is the first to use the New Keynesian framework at the advanced undergraduate level, connecting undergraduate learning not only with the more advanced tools taught at the graduate level but also with the large body of policy-oriented research in academic journals. End-of-chapter problems help students master the materials presented.
Download or read book Policy Distortions Size of Government and Growth written by William Easterly and published by . This book was released on 1989 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dialogue that advocates of liberalization have with policymakers would improve if more were made of the structural factors that influence the effect of reducing distortions on growth.
Download or read book Trade Income Disparity and Poverty written by Dan Ben-David and published by HP Books. This book was released on 2000 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1.Trade,Income Disparaty and Poverty: An Overview.- 2.Trade,Growth and Disparaty Among Nations.-3 Trade and Poverty:Is There a Connection?
Download or read book Three Essays on Latin American Development Issues written by Pablo Fajnzylber and published by . This book was released on 1998 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Does R D Contribute to Economic Growth in Developing Countries written by Nancy Birdsall and published by . This book was released on 1993 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across all countries, more research and development (R&D) activity does not contribute to higher income. Higher income, however, does lead to more R&D activity, suggesting that R&D becomes important only after a country reaches a certain stage of development. For developing countries, it appears that countries that are behind grow by catching up technologically, not by advancing the technological frontier.
Download or read book Exploring Lebanon s Growth Prospects written by Charbel Nahas and published by World Bank Publications. This book was released on 2012 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper attempts to identify Lebanon's greatest constraints to economic growth, following a growth diagnosis approach. It concludes that fiscal imbalances and barriers to entry are most binding on long-term growth. Macroeconomic imbalances and related perceived risks affect the nature of investment decisions in Lebanon, in favor of liquid instruments rather than longer-term productive investments. Further, many barriers to entry discourage agents from investing in a number of markets: legal impediments to competition, corruption, and a set of fiscal incentives favoring the allocation of resources to non-tradable sectors, where potential demand and investment opportunities are scarcer. In turn, using a steady-state computable general equilibrium model, the paper assesses the long-term growth impact of a selected set of policy reforms envisaged to lift such constraints. Results suggest that 1 to 2 percentage points of additional GDP growth per year could be gained through public expenditure reform, greater domestic competition, and tax harmonization.
Download or read book Promoting Economic Growth in Sri Lanka written by Sadiq Ahmed and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Development and Economic Growth written by Mohsin S. Khan and published by . This book was released on 2000 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Economic Growth written by Philippe Aghion and published by . This book was released on 2005 with total page 1150 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Volumes 2A and 2B of The Handbook of Economic Growth summarize recent advances in theoretical and empirical work while offering new perspectives on a range of growth mechanisms, from the roles played by institutions and organizations to the ways factors beyond capital accumulation and technological change can affect growth. Written by research leaders, the chapters summarize and evaluate recent advances while explaining where further research might be profitable. With analyses that are provocative and controversial because they are so directly relevant to public policy and private decision-making, these two volumes uphold the standard for excellence in applied economics set by Volumes 1A and 1B (2005)"--P. 4 of cover.
