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Successful Transitions From Public To Private Sector Led Growth Lessons For Benin
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Book Synopsis Successful Transitions from Public to Private-Sector Led Growth: Lessons for Benin by : Aissatou Diallo
Download or read book Successful Transitions from Public to Private-Sector Led Growth: Lessons for Benin written by Aissatou Diallo and published by International Monetary Fund. This book was released on 2021-12-03 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Sub-Saharan African (SSA) countries, like Benin, have scaled up public investment during the last decade. Such a strategy contributed to the improvement of infrastructure, but also to a build-up of debt vulnerabilities. Looking forward, the planned fiscal consolidation will result in some restraint of public spending, and, in particular, public investment. In this context, maintaining or even raising the region’s economic growth will require an offset by the private sector. The analysis draws lessons from countries that have successfully transitioned from public investment to private investment-led growth using a global sample starting in the mid-1980s. These lessons highlight policies that have been crucial in fostering a rebound of private investment in the wake of a contraction of public investment. The analytical framework proposed by Hausman, Rodrik and Velasco (2005) is used to identify and classify such policies. Finally, the paper analyses how the identified policies could help Benin achieving a smooth transition from public to private sector-led growth.
Book Synopsis Benin by : International Monetary Fund. African Dept.
Download or read book Benin written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-07-02 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper discusses a growth-at-risk (GaR) model which is used to compute a distribution of expected GDP growth for Benin. The model predicts growth rates of ~6.7 percent for 2019 and a range of 6.4–6.8 percent in the medium-term (depending on the specification). Risks to future growth are assessed to be tilted to the downside. 2019 GDP growth is estimated around 6.7 percent, on average, across several specifications. The model considers external factors (world trade, global financial conditions, trade policy uncertainty, and US consumer sentiment), country-specific exposures to external factors (commodity terms of trade and trade-partner growth), and domestic factors (domestic financial conditions, fiscal policy, and the exchange rate). The analysis reveals that growth projections estimated both for the median and mode are slightly higher conditioned on 2018 data, yet when expectations about 2019 are considered using World Economic Outlook projections they fall. Overall, risks seem to be tilted to the downside. Medium term growth is estimated at between 6.4 and 6.8 percent. Risks to growth remain tilted to the downside, yet less skewed than in the short term.
Author :United States. Congress. House. Committee on Appropriations. Subcommittee on Foreign Operations, Export Financing, and Related Programs Publisher : ISBN 13 : Total Pages :1918 pages Book Rating :4.0/5 (3 download)
Book Synopsis Foreign Operations, Export Financing, and Related Programs Appropriations for 1996 by : United States. Congress. House. Committee on Appropriations. Subcommittee on Foreign Operations, Export Financing, and Related Programs
Download or read book Foreign Operations, Export Financing, and Related Programs Appropriations for 1996 written by United States. Congress. House. Committee on Appropriations. Subcommittee on Foreign Operations, Export Financing, and Related Programs and published by . This book was released on 1995 with total page 1918 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Agricultural Markets Beyond Liberalization by : Aad van Tilburg
Download or read book Agricultural Markets Beyond Liberalization written by Aad van Tilburg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural markets have entered a long-term process of liberalization, with the aim of reducing imposed market imperfections such as monopolistic public trade, entry barriers and subsidies. The experience of more than a decade of agriculture liberalization offers a good opportunity to review and analyze the outcome of this process and to draw lessons for the future. The central topic in Agricultural Markets Beyond Liberalization is the relationship between market structure and how markets perform in a dynamic context during a liberalization process. The topic is studied from both a micro and macro viewpoint and refers to different types of agricultural markets. This volume brings together the dynamics of agricultural markets in several parts of the world, with a special focus on transition economics and Africa. The different studies cover geographical areas as wide as a district as well as a group of countries, and institutions from individual contracts to multi-national organizations. The analysis of liberalization under different circumstances, and the different methods of analysis used by the authors provide a valuable foundation for the assessment of liberalization.
Book Synopsis Institutional Options for the Provision of Infrastructure by : Christine Kessides
Download or read book Institutional Options for the Provision of Infrastructure written by Christine Kessides and published by World Bank Publications. This book was released on 1993-01-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explains why tough public sector reform and a sound macroeconomy are essential to sustained growth. It provides a strategy to help countries evaluate how well their governments' policies work. Decisionmakers will learn ways to build an evaluations program that can make governments more accountable and improve their performance. Some options could include making central banks independent, eliminating earmarked funds, and balancing the national budget. The author suggests which government offices should oversee and develop evaluation policies to get the best results, and explains why evaluation results must be linked with all budget decisions. He describes the political and economic environment that allows the evaluation process to develop freely. Also discussed is the role that the World Bank and other insti- tutions should play in supporting evaluation programs. The study examines how sound evaluation can lead to more consistent international policies and better international governance.
Book Synopsis A Billion Dollars a Day by : E. Wesley F. Peterson
Download or read book A Billion Dollars a Day written by E. Wesley F. Peterson and published by John Wiley & Sons. This book was released on 2009-04-27 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Billion Dollars a Day “This text provides a good narrative on the economics of government intervention, the structure of the world food system and history of the WTO, and the provision of farm subsidies by developed economies, with a special focus on the U.S. and EU.” P. Lynn Kennedy, Louisiana State University “This extremely well-researched and documented book provides a comprehensive overview of the impact (both intentional and unintentional) that developed nations’ agricultural policies can have on underdeveloped agricultural-based nations.” Jay E. Noel, Cal Poly State University “This text’s discussion and explanation of subsidies is well developed in a historical and international context that is not found elsewhere.” Conrad Lyford, Texas Tech University “Peterson has done a nice job of taking complicated issues and explaining them in a manner that is understandable for students with limited background in policy, development, and trade. This well-written text brings both a U.S. and a world perspective to the timely and important topics of government farm policy and food prices.” Rick Whitacre, Illinois State University Why do Europe, the United States, and some key Asian countries spend, in aggregate, a billion dollars a day on various agricultural price supports, when much of this money ends up in the hands of large agribusiness? In a lively, non-technical, and up-to-date account, this book addresses the core questions that surround the issues of agricultural subsidies. Peterson provides a detailed examination of subsidy histories and the current policies of the United States, various European countries, Australia and New Zealand, and Korea and Japan. Also included is a discussion of how these policies affect developing countries – examining, in particular, their impact on farmers in low-income countries.
Book Synopsis Structural change, fundamentals, and growth : a framework and case studies by : McMillan, Margaret
Download or read book Structural change, fundamentals, and growth : a framework and case studies written by McMillan, Margaret and published by Intl Food Policy Res Inst. This book was released on 2017-05-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fiscal Adjustments in OECD Countries by : Mr.Alberto Alesina
Download or read book Fiscal Adjustments in OECD Countries written by Mr.Alberto Alesina and published by International Monetary Fund. This book was released on 1996-07-01 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies how the composition of fiscal adjustments influences their likelihood of “success”, defined as a long lasting deficit reduction, and their macroeconomic consequences. We find that fiscal adjustments which rely primarily on spending cuts on transfers and the government wage bill have a better chance of being successful and are expansionary. On the contrary fiscal adjustments which rely primarily on tax increases and cuts in public investment tend not to last and are contractionary. We discuss alterative explanations for these findings by studying both a full sample of OECD countries and by focusing on three case studies: Denmark, Ireland and Italy.
Book Synopsis The Development Path Less Traveled by : Laure Redifer
Download or read book The Development Path Less Traveled written by Laure Redifer and published by . This book was released on 2020-08-18 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores some of the key factors behind Rwanda key successes, including unique institution-building that emphasized governance and ownership; aid-fueled and government-led strategic investment in people, infrastructure, and high-yield economic activity;re-establishment and expansion of a domestic tax base; policies to reduce aid dependency by attracting private investment and bolstering exports; and a purposeful strategy to harness the economic power of gender inclusion.
Book Synopsis Africa's Private Sector by : Vijaya Ramachandran
Download or read book Africa's Private Sector written by Vijaya Ramachandran and published by CGD Books. This book was released on 2009 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is the private sector yet to take off in much sub-Saharan Africa? Drawing on a unique set of enterprise surveys, Vijaya Ramachandran and her co-authors identify the biggest obstacles: inadequate infrastructure (especially unreliable electricity and crumbing roads) and burdensome regulation. They then show how ethnic minorities dominate the private sector in many countries, inhibiting competition and demands for a better business environment, and thus impeding the emergence of an entrepreneurial middle class. Based on this careful diagnosis, the authors suggest investing in infrastructure and reforming regulation to lower the cost of doing business, and increasing the access to education of a broader-based business class that crosses ethnic divides. Book jacket.
Book Synopsis African Economic Outlook 2008 by : African Development Bank
Download or read book African Economic Outlook 2008 written by African Development Bank and published by OECD Publishing. This book was released on 2008-05-19 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Development Bank and OECD's annual assessment and projections for the African economies, now covering 35 countries.
Book Synopsis Annual Report by : United Nations. Economic Commission for Africa
Download or read book Annual Report written by United Nations. Economic Commission for Africa and published by . This book was released on 2002 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Trends 2040 by : National Intelligence Council
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Book Synopsis The Paris Agreement on Climate Change by : Daniel R. Klein
Download or read book The Paris Agreement on Climate Change written by Daniel R. Klein and published by Oxford University Press. This book was released on 2017 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Paris Agreement fundamentally alters the reach and scope of the international climate change regime. This book provides the first legal commentary to the Agreement's articles, putting them in context and detailing how they are to be understood and put into action.
Download or read book Resources in Education written by and published by . This book was released on 1985-10 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Department of Economic & Social Affairs Publisher :United Nations Publications ISBN 13 :9789211045871 Total Pages :295 pages Book Rating :4.0/5 (458 download)
Book Synopsis Achieving Sustainable Development and Promoting Development Cooperation by : Department of Economic & Social Affairs
Download or read book Achieving Sustainable Development and Promoting Development Cooperation written by Department of Economic & Social Affairs and published by United Nations Publications. This book was released on 2008 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.
Book Synopsis The Role and Impact of Public-private Partnerships in Education by : Harry Anthony Patrinos
Download or read book The Role and Impact of Public-private Partnerships in Education written by Harry Anthony Patrinos and published by World Bank Publications. This book was released on 2009-01-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book offers an overview of international examples, studies, and guidelines on how to create successful partnerships in education. PPPs can facilitate service delivery and lead to additional financing for the education sector as well as expanding equitable access and improving learning outcomes.
