Narrow Your Choices

Refine By Countries

Refine By Topic

Refine By Series

Refine By Language

  • English (1)

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Browse

You are looking at 1 - 1 of 1 items for :

  • Type: Journal Issue x
  • Financial markets x
  • General Financial Markets: Government Policy and Regulation x
  • Production and Operations Management x
  • Business and Management x
  • Real sector x
  • Economic sectors x
  • Refine By Language: English x
Clear All Modify Search
Cover IMF Staff Country Reports
Namibia: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper analyzes policies that can raise potential growth in small middle-income countries (SMICs) of sub-Saharan Africa (SSA). The findings suggest that although macroeconomic stability and trade openness are necessary for productivity growth, they are not sufficient. SMICs in SSA need to improve the quality of their public spending, most notably on education, to solve the problem of skill mismatch in the labor market, reduce the regulatory burden on firms, improve access to financing by small and medium-size enterprises, and pave the way for structural transformation in these economies. Given the short-term cost of these reforms, the timing and sequencing of reforms and the role of quick wins is important for their implementation. In some cases, a social bargain can be a mechanism to generate consensus around a package of mutually reinforcing reforms.
Keywords:
ISCR; CR; solid windowtext 1pt; bank; TFP growth; bank distress; return on assets; default probability; government debt; TFP determinant; bank Z-score; Total factor productivity; Financial sector stability; Financial inclusion; Productivity; Small and medium enterprises; Global; Africa; determinants of total factor productivity; productivity enhancement; SMICs of SSA; growth decomposition; B. literature review