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Book Is Commodity dependence Pessimism Justified

Download or read book Is Commodity dependence Pessimism Justified written by Nanae Yabuki and published by World Bank Publications. This book was released on 1996 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Is Commodity dependence Pessimism Justified

Download or read book Is Commodity dependence Pessimism Justified written by Nanae Yabuki and published by . This book was released on 1996 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Why is Unemployment Low in the Former Soviet Union

Download or read book Why is Unemployment Low in the Former Soviet Union written by Simon Commander and published by World Bank Publications. This book was released on 1996 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Transient Proverty in Rural China

Download or read book Transient Proverty in Rural China written by Jyotsna Jalan and published by World Bank Publications. This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Does public capital crowd out private capital    evidence from india

Download or read book Does public capital crowd out private capital evidence from india written by Luis Serven and published by World Bank Publications. This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Aid s Impact on Public Spending

Download or read book Foreign Aid s Impact on Public Spending written by Tarhan Feyzioglu and published by World Bank Publications. This book was released on 1999 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: May 1996 Using a model of aid fungibility, the authors examine the relationship between foreign aid and public spending. Based on a panel of cross-country and time-series data, their results show that roughly 75 cents of every dollar given in net development assistance goes to current spending and 25 cents to capital spending in the recipient countries. But concessionary loans - a component of development assistance - stimulate far more government spending. Their results also show that aid increases both public and private investment. To test aid fungibility across both public spending categories, they use a newly constructed data series on the net disbursement of concessionary loans. They find that concessionary loans given to the transport and communication sector are fully nonfungible. But loans to the energy sector are converted into fungible monies and part of the funds leak into transport and communications. Loans to agriculture and education are also fungible. There is no evidence of concessionary funds being diverted for military purposes. Their results show that total public spending in the health sector has no impact on reducing infant mortality, but concessionary loans to the health sector do. This finding leads the authors to conclude that linking foreign aid to an agreed-upon public spending program in areas critical to development might be an effective way to transfer resources to developing countries.

Book Economic Analysis for Health Projects

Download or read book Economic Analysis for Health Projects written by Jeffrey Shantayanan Hammer and published by World Bank Publications. This book was released on 2003 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Sustainability of African Debt

Download or read book The Sustainability of African Debt written by Daniel Cohen and published by World Bank Publications. This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: July 1996 The role of debt forgiveness is to alleviate what is known as debt overhang. This concept is the core idea of the Brady deals, and it now comes to the African debt crisis. How can one gauge the hypothesis of the debt overhang? To what extent can one attribute the growth slowdown of the 1990s to the debt crisis of the 1980s? Using data from the past decade, the author finds that debt variables play a significant role in that slowdown. In one exercise, he finds that more than half the growth slowdown of the large debtor countries in the 1980s could be attributed to the debt crisis. To what reasonable debt ratio should African debt be written down? Most exercises set the threshold of sustainability of debt at about 200 percent. The easiest way to rationalize such a threshold is first to measure the average value of debt-to-export ratios reached at the time of the first rescheduling of debt in a given country. Using Latin America as a benchmark, one finds an average threshold of 248 percent. However short-sighted such a ratio might be, it goes a long way toward rationalizing the view that a debt-to-export ratio between 200 and 300 percent is a strong signal of a forthcoming crisis. This naive approach takes no account of the changing environment (growth and interest rates) a country must confront. A more subtle approach should allow for the prospect of a country's growth to assess the sustainability of the debt it inherits. With the author's formula for so doing, Africa's debt-to-export ratio should be brought to 198 percent. Another way to assess the sustainability of debt is to look at the secondary market, which allows one to estimate the prospect of repayment expected by market participants. Few African debts are actually quoted on secondary markets, but the author presents a formula for reconstructing estimates of repayment prospects econometrically. By that method, Africa's debt-to-export ratio should be 210 percent, suggesting that a threshold between 200 and 250 percent is about right.

Book Stock Market and Investment The Signaling Role of the Market

Download or read book Stock Market and Investment The Signaling Role of the Market written by Cherian Samuel and published by World Bank Publications. This book was released on 1989 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Bank Insolvencies Cross country Experience

Download or read book Bank Insolvencies Cross country Experience written by Gerard Caprio (Jr.), Daniela Klingebiel and published by World Bank Publications. This book was released on 1996 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Costs of Infrastructure Deficiencies in Manufacturing in Indonesia  Nigeria  and Thailand

Download or read book Costs of Infrastructure Deficiencies in Manufacturing in Indonesia Nigeria and Thailand written by and published by World Bank Publications. This book was released on with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Structural Adjustment  Ownership Transformation  and Size in Polish Industry

Download or read book Structural Adjustment Ownership Transformation and Size in Polish Industry written by Stefano Paternostro and published by World Bank Publications. This book was released on 1999 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: July 1996 The authors argue that significant adjustment took place in Polish industry after Poland's 1990 reforms. They analyze data on two- and three-digit manufacturing industries, disaggregated by firm ownership and size. By applying a statistical model to labor productivity growth, they try to disentangle structural determinants of the recovery from cyclical determinants. They contend that structural determinants outweigh cyclical ones. They find that the productive response of state enterprises was markedly different from that of private firms--private firms outperformed state enterprises (just as anecdotal evidence suggested). Size also matters, at least among private firms. Generally, there seem to be increasing returns to scale for private firms, except for very large enterprises (many of which were previously state-owned and may need further restructuring). The fact that size does not appear to matter among public enterprises suggests that several of them have not yet adopted optimal technologies and production processes.

Book The Domestic Benefits of jjTropical Forests A Critical Review Emphasizing Hydrological Functions

Download or read book The Domestic Benefits of jjTropical Forests A Critical Review Emphasizing Hydrological Functions written by Kenneth M. Chomitz and published by World Bank Publications. This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Africa and the World Trading System

Download or read book Africa and the World Trading System written by T. Ademola Oyejide and published by Africa World Press. This book was released on 2005 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-volume set presents the results of a research project initiated by the African Economic Research Consortium. The project intended to identify and examine the critical analytical and policy issues involved in Africa's economic links with the rest of the world, particularly in the context of the emerging global trading system. The project had two distinct but closely related component parts. The first was based on empirical, region-wide analysis and was designed to provide the framework for the menu of issues explored.

Book A Study of World Trade Organisation

Download or read book A Study of World Trade Organisation written by K.R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2008 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: