Medium-term Growth-stabilization Relationship in Asian Developing Countries and Some Policy Considerations

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.X/5 (2 download)

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Book Synopsis Medium-term Growth-stabilization Relationship in Asian Developing Countries and Some Policy Considerations by : Yun-hwan Kim

Download or read book Medium-term Growth-stabilization Relationship in Asian Developing Countries and Some Policy Considerations written by Yun-hwan Kim and published by . This book was released on 1993 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Medium-term growth-stabilization relationship in Asia developing countries and some policy considerations

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Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Medium-term growth-stabilization relationship in Asia developing countries and some policy considerations by : Asian Development Bank

Download or read book Medium-term growth-stabilization relationship in Asia developing countries and some policy considerations written by Asian Development Bank and published by . This book was released on 1993 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Framework for Justifying Bank-assisted Education Projects in Asia

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Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (949 download)

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Book Synopsis A Framework for Justifying Bank-assisted Education Projects in Asia by : Etienne Van de Walle

Download or read book A Framework for Justifying Bank-assisted Education Projects in Asia written by Etienne Van de Walle and published by . This book was released on 1991 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Medium-term Growth-stabilization Relationship in Asian Developing Countries and Some Policy Considerations

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Medium-term Growth-stabilization Relationship in Asian Developing Countries and Some Policy Considerations by : Yun-hwan Kim

Download or read book Medium-term Growth-stabilization Relationship in Asian Developing Countries and Some Policy Considerations written by Yun-hwan Kim and published by . This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

China's Economic Rise

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781976466953
Total Pages : 52 pages
Book Rating : 4.4/5 (669 download)

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Book Synopsis China's Economic Rise by : Congressional Research Service

Download or read book China's Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 1498344062
Total Pages : 74 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries by : International Monetary Fund

Download or read book Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.

Challenges of Growth and Globalization in the Middle East and North Africa

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Publisher : International Monetary Fund
ISBN 13 : 9781589062290
Total Pages : 44 pages
Book Rating : 4.0/5 (622 download)

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Book Synopsis Challenges of Growth and Globalization in the Middle East and North Africa by : Mr.Hamid R Davoodi

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Framework for Establishing Priorities in a Country Poverty Reduction Strategy

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Publisher : DIANE Publishing
ISBN 13 : 1437900550
Total Pages : 30 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Framework for Establishing Priorities in a Country Poverty Reduction Strategy by : Ron Duncan

Download or read book Framework for Establishing Priorities in a Country Poverty Reduction Strategy written by Ron Duncan and published by DIANE Publishing. This book was released on 2008-05 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the history & progress of understanding development theory over the past 50 years. Development thinking has evolved from an early paradigm that focused on savings & capital investment to subsequent arguments favoring the inclusion of human capital, policy, technical change, & finally to the inclusion of the role of institutions, & good governance. Secure property rights in the broadest sense, which are applicable to all resources & not just land, are particularly important to realize investment yield. This evolution of development thought describes a conceptual framework that can guide development practitioners in prioritizing, sequencing, & characterizing all interventions aimed at reducing poverty.

Global Economic Prospects 2010

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Publisher : World Bank Publications
ISBN 13 : 0821382268
Total Pages : 187 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Global Economic Prospects 2010 by : World Bank

Download or read book Global Economic Prospects 2010 written by World Bank and published by World Bank Publications. This book was released on 2010-02-12 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has been lost. More difficult international conditions in the years to come will mean that developing countries will have to place even more emphasis on improving domestic economic conditions to achieve the kind of growth that can durably eradicate poverty.� —Justin Yifu Lin, Chief Economist and Senior Vice President The World Bank 'Global Economic Prospects 2010: Crisis, Finance, and Growth' explores both the short- and medium-term impacts of the financial crisis on developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. Even if, as appears likely, a double-dip recession is avoided, the recovery is expected to be slow. High unemployment and widespread restructuring will continue to characterize the global economy for the next several years. Already, the crisis has provoked large-scale human suffering. Some 64 million more people around the world are expected to be living on less than a $1.25 per day by the end of 2010, and between 30,000 and 50,000 more infants may have died of malnutrition in 2009 in Sub-Saharan Africa, than would have been the case if the crisis had not occurred. Over the medium term, economic growth is expected to recover. But increased risk aversion, a necessary and desirable tightening of financial regulations in high-income countries, and measures to reduce the exposure of developing economies to external shocks are likely to make finance scarcer and more costly than it was during the boom period. As a result, just as the ample liquidity of the early 2000s prompted an investment boom and an acceleration in developing-country potential output, higher costs will likely yield a slowing in developing-country potential growth rates of between 0.2 and 0.7 percentage points, and as much as an 8 percent decline in potential output over the medium term. In the longer term, however, developing countries can more than offset the implications of more expensive international finance by reducing the cost of capital channeled through their domestic financial markets. For more information, please visit www.worldbank.org/gep2010. To access Prospects for the Global Economy, an online companion publication, please visit www.worldbank.org/globaloutlook.

ERD Working Paper Series

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Publisher : DIANE Publishing Inc.
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4./5 ( download)

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Book Synopsis ERD Working Paper Series by :

Download or read book ERD Working Paper Series written by and published by DIANE Publishing Inc.. This book was released on with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy

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Publisher : DIANE Publishing
ISBN 13 : 1437900607
Total Pages : 42 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy by : Thomas Hertel

Download or read book Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy written by Thomas Hertel and published by DIANE Publishing. This book was released on 2008-05 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.

Role of Infrastructure in Land-Use Dynamics and Rice Production in Viet Nam's Mekong River Delta

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Publisher : DIANE Publishing
ISBN 13 : 1437902049
Total Pages : 31 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Role of Infrastructure in Land-Use Dynamics and Rice Production in Viet Nam's Mekong River Delta by : Christopher Edmonds

Download or read book Role of Infrastructure in Land-Use Dynamics and Rice Production in Viet Nam's Mekong River Delta written by Christopher Edmonds and published by DIANE Publishing. This book was released on 2008-06 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the role of infrastructure development and technical change in explaining increases in agricultural production and changes in land use in the Mekong Delta Region of Viet Nam during the mid-1990s. The transportation costs involved in moving agricultural input and output between farms and markets significantly effect farm land use and production decisions. Greater transport costs reduce the likelihood that farms adopt intensive cropping patterns or cultivate non-rice crops. Results suggest that the quality of local water management infrastructure is much more important than transport costs in explaining the increased intensity of land use and level of production observed in the Mekong Delta during the 1990s. Illustrations.

Measuring Willingness to Pay for Electricity

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Publisher : DIANE Publishing
ISBN 13 : 1437900542
Total Pages : 26 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Measuring Willingness to Pay for Electricity by : Peter Choynowski

Download or read book Measuring Willingness to Pay for Electricity written by Peter Choynowski and published by DIANE Publishing. This book was released on 2008-05 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The measurement of willingness to pay for electricity relies critically on a reliable estimate of the demand for electricity function. Empirical work tends to assume that the demand for electricity has no satiation point. Many electricity demand models assume a constant price elasticity, which implies infinite demand at low prices. This report proposes a plausible functional form for the demand of electricity. The proposed functional form is consistent with two properties of electricity demand functions for households & firms, namely, the negative relationships between price & quantity, & the finiteness of demand at zero price. The report also demonstrates that this functional form of the demand function leads to easily estimable economic benefits of electricity.

Practices of Poverty Measurement and Poverty Profile of Nepal

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Publisher : DIANE Publishing
ISBN 13 : 1437905641
Total Pages : 42 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Practices of Poverty Measurement and Poverty Profile of Nepal by : Devendra Chhetry

Download or read book Practices of Poverty Measurement and Poverty Profile of Nepal written by Devendra Chhetry and published by DIANE Publishing. This book was released on 2009-03 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews the poverty measuring practices, available measures of poverty, and economic growth figures of Nepal. The poverty rates for FY 1976-77, 1984-85, and 1995-96 are found to be not comparable due to change in methodology over time. The three poverty rates average 40%. Nepal has experienced high economic growth during the 7th (1985-86 to 1989-90) and 8th (1992-93 to 1996-97) Plan periods with no strong evidences of poverty reduction. This incompatible result is partially explained by comparing growth of the agricultural sector with the role of the sector in providing employment and income generation at the household level, and by comparing social indicators particularly literacy rate with the growth of the nonagricultural sector. Tables.

Measuring Competitiveness in the World's Smallest Economies

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Publisher : DIANE Publishing
ISBN 13 : 1437900585
Total Pages : 45 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Measuring Competitiveness in the World's Smallest Economies by : Ganeshan Wignaraja

Download or read book Measuring Competitiveness in the World's Smallest Economies written by Ganeshan Wignaraja and published by DIANE Publishing. This book was released on 2008-05 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to measure competitiveness (CP) across countries have typically neglected the world¿s smallest economies. Hence, a simple composite index, the Small State Manufactured Export CP Index or SSMECI, was developed to benchmark industrial CP. The SSMECI represents the first attempt to provide a comprehensive picture of the CP performance of small states. The performance of small states varies across geographical regions, income groups, & country size classes. High-performing small states had better macroeconomic conditions, higher levels of foreign invest., more trade openness, better levels of educ., & modern infrastructure. A coherent, market-oriented CP strategy in small states is vital to success on international markets. Tables.

Integrating Risk Into ADB's Economic Analysis of Projects

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Integrating Risk Into ADB's Economic Analysis of Projects by : Nigel Rayner

Download or read book Integrating Risk Into ADB's Economic Analysis of Projects written by Nigel Rayner and published by . This book was released on 2002 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Growth and Poverty Reduction in Viet Nam

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Publisher : DIANE Publishing
ISBN 13 : 1437980147
Total Pages : 35 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Economic Growth and Poverty Reduction in Viet Nam by : Arsenio M. Balisacan

Download or read book Economic Growth and Poverty Reduction in Viet Nam written by Arsenio M. Balisacan and published by DIANE Publishing. This book was released on 2011-04 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Viet Nam's dramatic transition and growth in the 1990s have been attributed to a series of reforms, known as "doi moi," which began in the late 1980s. Economic growth of nearly 8% yearly benefited the poor and reduced poverty from 61% in 1993 to 37% in 1998. The proportionate increases in the incomes of the poorest quintile were appreciably larger than those of the top 20 or 40% of the population. This result is at variance with typical findings for other countries, which indicate that welfare gains from growth are smallest for the lowest quintile and rise with income group. The results for Viet Nam suggest that the faster the growth rate, the lesser becomes the role of distributive factors that directly influence the poor's well-being. A print on demand report.