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Accelerating And Sustaining Growth

Accelerating And Sustaining Growth »

Source: Accelerating And Sustaining Growth : Economic and Political Lessons

Volume/Issue: 2012/185

Series: IMF Working Papers

Author(s): Arvind Virmani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

ISBN: 9781475505337

Keywords: High Growth Economies, Policy Reforms, Timing and Phasing., import liberalization, competitive pressure, external shocks, per capita income, per capita growth rate, Macroeconomic Analyses of Economic Development, Economic Growth and Aggregate Productivity: General

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history...

Aid and Growth

Aid and Growth »

Source: Aid and Growth : What Does the Cross-Country Evidence Really Show?

Volume/Issue: 2005/127

Series: IMF Working Papers

Author(s): Raghuram Rajan , and Arvind Subramanian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861464

Keywords: Cross-Sectional and Panel data, equation, statistics, outliers, standard errors, Economic Growth and Aggregate Productivity: General,

We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after this correc...

Aid and the Dutch Disease in Low-Income Countries

Aid and the Dutch Disease in Low-Income Countries »

Source: Aid and the Dutch Disease in Low-Income Countries : Informed Diagnoses for Prudent Prognoses

Volume/Issue: 2004/49

Series: IMF Working Papers

Author(s): Mwanza Nkusu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2004

ISBN: 9781451846874

Keywords: Exchange Rate, and Poverty, dutch disease, real exchange rate, foreign exchange, exchange rates, Economic Growth of Open Economies, Welfare and Poverty: General, Economic Growth and Aggregate Productivity: General,

This paper demonstrates that the Dutch disease need not materialize in low-income countries that can draw on their idle productive capacity to satisfy the aid-induced increased demand. Diagnoses on, and prognoses f...

Are there Negative Returns to Aid? a Comment

Are there Negative Returns to Aid? a Comment »

Source: Are there Negative Returns to Aid? a Comment

Volume/Issue: 2004/212

Series: IMF Working Papers

Author(s): Mwanza Nkusu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451874921

Keywords: and poverty, calibration, paper, equation, nonlinearity, Welfare and Poverty: General, Economic Growth and Aggregate Productivity: General,

Amid controversies surrounding aid effectiveness, an increasing number of empirical studies find support for the idea that aid can spur growth and that the aid-growth relationship is nonlinear. Lensink and White pr...

Armenia

Armenia »

Source: Armenia : The Road to Sustained Rapid Growth-Cross-Country Evidence

Volume/Issue: 2003/103

Series: IMF Working Papers

Author(s): Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

ISBN: 9781451852714

Keywords: transition economies, real gdp, gdp growth, transition countries, Economic Growth and Aggregate Productivity: General,

This study examines the growth determinants and the economic policy challenges that Armenia faces to sustain the rapid growth of the past two years. The paper also seeks to answer the following two questions: Why h...

Brazil's Long-Term Growth Performance-Trying to Explain the Puzzle

Brazil's Long-Term Growth Performance-Trying to Explain the Puzzle »

Source: Brazil's Long-Term Growth Performance-Trying to Explain the Puzzle

Volume/Issue: 2006/282

Series: IMF Working Papers

Author(s): Ricardo Adrogué , Martin Cerisola , and R. Gelos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865424

Keywords: Per capita growth, cross country analysis, cost of capital, relative price, capital goods, inflation, macroeconomic stability, Multiple or Simultaneous Equation Models: Models with Panel Data, Macroeconomic Policy, Macroeconomic Aspects of Public Finance

This paper assesses Brazil's growth performance from a long-term perspective, using crosscountry and panel estimation techniques, building on the vast empirical literature on growth. The empirical evidence presente...

Budget Support Versus Project Aid

Budget Support Versus Project Aid »

Source: Budget Support Versus Project Aid

Volume/Issue: 2003/88

Series: IMF Working Papers

Author(s): Tito Cordella , and Giovanni Dell'Ariccia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451851182

Keywords: aid policy, asymmetric information, empirical growth models, budget support, budget surplus, capital expenditures, budget constraint, capital expenditure, Asymmetric and Private Information, Welfare and Poverty: General

Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the develo...

Can the IMF's Medium-Term Growth Projections Be Improved?

Can the IMF's Medium-Term Growth Projections Be Improved? »

Source: Can the IMF's Medium-Term Growth Projections Be Improved?

Volume/Issue: 2004/203

Series: IMF Working Papers

Author(s): Juan Zalduendo , and Catia Batista

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2004

ISBN: 9781451874488

Keywords: Model estimation, forecasting, growth, inflation, statistic, terms of trade, inflation rates, Model Construction and Estimation, Forecasting and Other Model Applications, Economic Growth and Aggregate Productivity: General

Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic, raising questions as to how these can be improved. To this end, we estimate a growth model and examine its out-of-sam...

Commodity Price Volatility and the Sources of Growth1

Commodity Price Volatility and the Sources of Growth1 »

Source: Commodity Price Volatility and the Sources of Growth

Volume/Issue: 2012/12

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931179

Keywords: Growth, resource curse, volatility, gdp per capita, growth rate, tfp, Economic Growth of Open Economies, Economic Growth and Aggregate Productivity: General,

This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation,...

Competition and Firm Productivity

Competition and Firm Productivity »

Source: Competition and Firm Productivity : Evidence from Firm-Level Data

Volume/Issue: 2010/67

Series: IMF Working Papers

Author(s): Marc Schiffbauer , and Sandra Ospina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

ISBN: 9781451982114

Keywords: regulation, entry costs, survey, correlation, instrumental variables, heteroscedasticity, Macroeconomic Analyses of Economic Development, Economic Growth and Aggregate Productivity: General,

This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relations...