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Author: Ms.Sharmini Coorey Publisher: International Monetary Fund ISBN: 9781557755599 Category : Business & Economics Languages : en Pages : 130
Book Description
This study examines the links between adjustment policies and growth in a small group of developing countries- Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand - during 1970 -93. It provides an overview of the adjustment and growth experience, examines in depth several policy issues of particular interest, and distills the principal policy lessons for the design of adjustment policies.
Author: Ms.Sharmini Coorey Publisher: International Monetary Fund ISBN: 9781557755599 Category : Business & Economics Languages : en Pages : 130
Book Description
This study examines the links between adjustment policies and growth in a small group of developing countries- Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand - during 1970 -93. It provides an overview of the adjustment and growth experience, examines in depth several policy issues of particular interest, and distills the principal policy lessons for the design of adjustment policies.
Author: Ernesto Sánchez-Triana Publisher: World Bank Publications ISBN: 1464800294 Category : Business & Economics Languages : en Pages : 197
Book Description
Pakistan’s development efforts are guided by its 2011 Framework for Economic Growth, which identifies actions needed to create a prosperous, industrialized Pakistan through rapid and sustainable development. Industrialization has the potential to drive Pakistan’s economic growth and contribute significantly to meeting both economic and human development goals in Pakistan. Expansions of industrialization activities, whether in highly developed or developing countries, can be stimuli for intense debate about such projects’ benefits and costs to the region in which they are to be located, to the national economy—and to human health and the environment. Pakistan’s 2011 Framework for Economic Growth recognizes that, to accelerate industrialization, Pakistan must reduce the cost of doing business and create an incentive structure designed to achieve a competitive, dynamic, and export-driven industrial sector capable of providing employment to the growing labor force. Competing in global markets requires a socially and environmentally sustainable industrialization strategy. The four main inputs for sustainable industrial growth in Pakistan discussed in this book are 1) Macroeconomic stability and sectoral policies to support industrial competitiveness by allowing long-term planning, including investments in infrastructure and cleaner production. 2) Upgraded trade facilitation and infrastructure (particularly transport and energy) to address some of industrialization’s spatial aspects. Improved transport infrastructure will lower production’s environmental costs. 3) Greening of Pakistan’s industrial sector to enhance international competitiveness—“greening” will make Pakistan a more attractive export partner for nations and firms committed to green production. 4) Strong institutions—for example, environmental management agencies to control pollution, and cleaner production centers to increase domestic awareness of international environmental standards—to implement industrialization initiatives effectively, including those for small and medium-sized enterprises. This book provides a comprehensive analysis of issues relating to the debate about Pakistan’s green industrial growth and lays out priorities and strategies for “greening” Pakistan’s industrial growth.
Author: World Bank Publisher: World Bank Publications ISBN: 1464814953 Category : Business & Economics Languages : en Pages : 545
Book Description
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Author: Steven Radelet Publisher: Simon and Schuster ISBN: 1476764794 Category : Business & Economics Languages : en Pages : 368
Book Description
The untold story of the global poor: “Powerful, lucid, and revelatory, The Great Surge…offers indispensable prescriptions about sustaining global economic progress into the future” (George Soros, chairman of Soros Fund Management). We live today at a time of great progress for the global poor. Never before have so many people, in so many developing countries, made so much progress, in so short a time in reducing poverty, increasing incomes, improving health, reducing conflict and war, and spreading democracy. Most people believe the opposite: that with a few exceptions like China and India, the majority of developing countries are hopelessly mired in deep poverty, led by inept dictators, and have little hope for change. But a major transformation is underway—and has been for two decades now. Since the early 1990s more than 700 million people have been lifted out of extreme poverty, six million fewer children die every year from disease, tens of millions more girls are in school, millions more people have access to clean water, and democracy—often fragile and imperfect—has become the norm in developing countries around the world. “A terrific book” (Nick Kristof, The New York Times), The Great Surge chronicles this unprecedented economic, social, and political transformation. It shows how the end of the Cold War, the development of new technologies, globalization, and courageous local leadership have combined to improve the fate of hundreds of millions of people in poor countries around the world. Most importantly, The Great Surge reveals how we can accelerate the progress.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 9781589062733 Category : Business & Economics Languages : en Pages : 130
Book Description
Summarizes the for ward-looking analytical work program on macroeconomic issues related to the Poverty Reduction Strategy Paper approach. The program is evolving through a process that began with a technical workshop; participants from low-income countries, donors, academia, and civil society drafted guidance on selected issues and identified priority research topics. Partners, policymakers, and economic scholars are encouraged to share their perspectives and findings through respective team leaders, whose e-mail addresses are provided. The publication also summarizes IMF analytical work, and contains a bibliography of nearly 1,000 papers.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1498344658 Category : Business & Economics Languages : en Pages : 257
Book Description
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author: International Monetary Fund. Research Dept. Publisher: International Monetary Fund ISBN: 1451944810 Category : Business & Economics Languages : en Pages : 208
Book Description
The World Economic Outlook (WEO) presents the IMF’s leading economists’ analyses of global economic developments during the near and medium terms. It is a respected, one-stop, trusted resource offering remarkable insight, balance, and perspective to decision makers and policymakers worldwide. Published twice yearly, the World Economic Outlook presents the outlook for growth, inflation, trade, employment, and other economic developments in a clear, practical format. Each WEO considers the issues affecting advanced, emerging market, and developing economies. Central bankers, economists, Financial institutions, business leaders, governments, think tanks, and researchers eagerly await this unique investigation of what’s happening and what’s ahead.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292701274 Category : Business & Economics Languages : en Pages : 214
Book Description
This report uses a broad range of indicators to assess the individual and collective development progress made by the Association of Southeast Asian Nations (ASEAN). Building on a previous study released in 2014, it assesses 39 indicators that consider dimensions such as overall human development, gender equality, climate change, and living conditions. The report intends to help policy makers pinpoint priority development interventions and to align strategies to support regional recovery from the COVID-19 pandemic. It highlights the need for the 10 ASEAN member states to increase investments in areas such as skills development, education, health, and nutrition.
Author: Ms. Corinne C Delechat Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 52
Book Description
This paper examines the significance and impact of broad-based and industrial policies on economic diversification in developing economies, supported by a literature review, case studies, and IMF analyses. Economic diversification entails shifting from traditional sectors, like agriculture and mining, to a variety of high-quality services and sectors. This transition is crucial for adapting to global market fluctuations and promoting sustainable growth and improved living standards. A literature review, including many IMF contributions, reveals a strong correlation between economic diversification and improved macroeconomic performance in developing countries, such as faster economic growth and higher incomes per capita. Factors influencing economic diversification include macroeconomic stability, infrastructure quality, workforce skills, credit access, regulatory environment, and income equality. Six case studies highlight the experiences of Costa Rica, Gabon, Georgia, India, Senegal, and Vietnam, demonstrating that successful diversification strategies require a long-term commitment and effective broad-based policies. Industrial policies can support diversification by addressing market failures, but they must be well-designed and effectively implemented. Common lessons include the necessity of maintaining macroeconomic stability, investing in human capital, and fostering competition. Sector-specific mechanisms like Special Economic Zones should be used cautiously, emphasizing underlying bottlenecks and minimizing fiscal costs. Country-specific insights include Costa Rica's strategic policy shift towards export orientation, Gabon's reduced dependence on oil, Georgia's market-friendly policies, India's skilled labor and software clusters, Senegal's infrastructure and business environment improvements, and Vietnam's transition from an agrarian to an industrial economy. The IMF's engagement in diversification emphasizes improving human capital, infrastructure, reducing trade barriers, and promoting international trade integration. Policymakers, researchers, and international organizations increasingly recognize the importance of economic diversification for resilient, sustainable, and inclusive growth, requiring nuanced policy interventions tailored to each country's context and capabilities.
Author: Ms.Sharmini Coorey
Author: Ms.Sharmini Coorey
Author: Ernesto Sánchez-Triana
Author: World Bank
Author: Steven Radelet
Author: Joachim M. Müller
Author: International Monetary Fund
Author: International Monetary Fund
Author: International Monetary Fund. Research Dept.
Author: Asian Development Bank
Author: Ms. Corinne C Delechat