Policy Complementarities and the Washington Consensus - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Policy Complementarities and the Washington Consensus write by Mr.Jahangir Aziz. This book was released on 1997-09-01. Policy Complementarities and the Washington Consensus available in PDF, EPUB and Kindle. While economists continue to debate whether particular economic policies, such as those referred to in Willliamson’s (1993) “Washington Consensus,” can spur growth in developing countries, this paper demonstrates that it is combinations of policies that are more critical for growth. Policy complementarity refers to the mutually reinforcing benefits of policies that create an environment that is conducive to investment and growth. Quantitative measures of policy complementarity are developed, and the study shows empirically, through both an outcomes-based probability framework and a standard regression analysis, that these complementarities are significant and robust in explaining growth outcomes over the period 1985–95.
Economic Growth in the 1990s
Economic Growth in the 1990s - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Growth in the 1990s write by World Bank. This book was released on 2005. Economic Growth in the 1990s available in PDF, EPUB and Kindle. This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.
Fiscal Policy and Long-Term Growth
Fiscal Policy and Long-Term Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Policy and Long-Term Growth write by International Monetary Fund. This book was released on 2015-04-20. Fiscal Policy and Long-Term Growth available in PDF, EPUB and Kindle. 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.
Beyond the Washington Consensus
Beyond the Washington Consensus - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Beyond the Washington Consensus write by Shahid Javed Burki. This book was released on 1998-01-01. Beyond the Washington Consensus available in PDF, EPUB and Kindle. This report examines the precise nature of the required institutional reforms needed to achieve higher sustained rates of growth and to make a dent in poverty reduction and provides a framework for their design and implementation. The more modest objective is to examine how the concepts of the new institutional economics are useful for analyzing and designing institutions and to evaluate how political economy concepts can be used to develop strategies for implementing institutional reforms. Employing some of these concepts, the report demonstrates that sound institutional reform can be technically and politically viable in the following key sectors: banking; capital markets and legal institutions; educational institutions; judicial reforms; and public administration.
Rethinking Productive Development
Rethinking Productive Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rethinking Productive Development write by Inter-American Development Bank. This book was released on 2014-09-04. Rethinking Productive Development available in PDF, EPUB and Kindle. Productive transformation requires seizing the opportunities available and opening new ones in a competitive world. Rethinking Productive Development examines the market failures impeding transformation and the government failures that may make the policy remedies worse than the market illness. To address market failures, the authors propose a simple conceptual framework based on the scope and nature of the policy approach. They then systematically analyze country policies through this lens in key areas such as innovation, new firms, financing, human capital, and internationalization to show the power of this way of thinking. Still, the book warns that policymakers cannot be sure what the right policy interventions are and must set up a process to discover them that calls for public-private collaboration. Recognizing that the risk of capture needs to be checked and that even the best policies will fail without the technical, organizational, and political capacity to implement them, the book concludes with ideas on how to design institutions fostering the right incentives and how to grow public sector capabilities over time.
