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Did Botswana Escape from the Resource Curse?

Did Botswana Escape from the Resource Curse? »

Source: Did Botswana Escape from the Resource Curse?

Volume/Issue: 2006/138

Series: IMF Working Papers

Author(s): Atsushi Iimi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451863987

Keywords: natural resource, natural resource abundance, natural resource management, middle-income countries, Estimation, Exhaustible Resources and Economic Development,

Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the...

Investing in Public Investment

Investing in Public Investment »

Source: Investing in Public Investment : An Index of Public Investment Efficiency

Volume/Issue: 2011/37

Series: IMF Working Papers

Author(s): Zac Mills , Annette Kyobe , Jim Brumby , Chris Papageorgiou , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2011

ISBN: 9781455217892

Keywords: public investment management, project appraisal, selection, implementation, and evaluation, growth, investment management, budget institutions, investment projects, investment spending

This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project appraisal, selection, implementation, and evaluation. Co...

Increasing Productivity Growth in Middle Income Countries

Increasing Productivity Growth in Middle Income Countries »

Source: Increasing Productivity Growth in Middle Income Countries

Volume/Issue: 2015/2

Series: IMF Working Papers

Author(s): Aidar Abdychev , La-Bhus Fah Jirasavetakul , Andrew Jonelis , Lamin Leigh , Ashwin Moheeput , Friska Parulian , Ara Stepanyan , and Albert Touna Mama

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2015

ISBN: 9781484328439

Keywords: Growth, potential growth&;amp;#x2026;, environment, debt, productivity growth, economics, trade, Forecasting and Other Model Applications, Forecasting and Simulation, One

Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in recent years. Although factor accumulation, most notably capital deepening, was crucial to the succe...

The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments »

Source: The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

Volume/Issue: 2010/193

Series: IMF Working Papers

Author(s): Marc Quintyn , and Sophia Gollwitzer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455205233

Keywords: Macroeconomic Commitment Institutions, Political-Economic Institutions, inflation, central bank, monetary fund, monetary union, The Effectiveness of Macroeconomic Commitment, Fiscal and Monetary Policy in Development, Capitalist Systems: Political Economy, Other Economic Systems: Other

This paper analyzes the institutional conditions affecting the establishment and effectiveness of independent central banks and of budgetary institutions. It draws on the recent theory developed by North, Wallis an...

The Effect of Capital Controlson Foreign Direct Investment Decisions Under Country Risk with Intangible Assets

The Effect of Capital Controlson Foreign Direct Investment Decisions Under Country Risk with Intangible Assets »

Source: The Effect of Capital Controlson Foreign Direct Investment Decisions Under Country Risk with Intangible Assets

Volume/Issue: 2007/79

Series: IMF Working Papers

Author(s): Kinga Elo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866438

Keywords: Foreign direct investments, decisions under uncertainty, fdi, capital control, direct investment, foreign direct investment, General Financial Markets: Government Policy and Regulation, Corporate Finance and Governance: Government Policy and Regulation,

This paper examines how capital controls affect FDI decisions and how the impact of these restrictive measures varies with different levels of country risk. We construct a model of firms' FDI decisions, broadly in...

Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions1

Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions1 »

Source: Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions

Volume/Issue: 2007/55

Series: IMF Working Papers

Author(s): Rabah Arezki , and Frederik van der Ploeg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451866193

Keywords: Resource curse, institutions, trade policies, growth performance, income per capita, natural resource, natural resource curse, natural resource revenues, natural resources, natural resource abundance

We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These resu...

Appendix I Hydrocarbon- and Mineral-Rich Countries, 2000–05

Appendix I Hydrocarbon- and Mineral-Rich Countries, 2000–05 »

Source: Guide on Resource Revenue Transparency (2007)

Series: Manuals & Guides

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2007

ISBN: 9781589064638

Keywords: fiscal policy, eiti, fiscal transparency, fiscal regime, resource-rich countries

Table 1. Hydrocarbon-Rich Countries, 2000–05 1, 2...

3 Leveraging the Private Sector Role in Human Development

3 Leveraging the Private Sector Role in Human Development »

Source: Global Monitoring Report, 2009 : A Development Emergency

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2009

ISBN: 9780821378595

Keywords: health care, trade facilitation, financial sector, financial services, international trade

The Millennium Development Goals (MDGs) strongly emphasize human development-related outcomes, with five of the eight MDGs having health, nutrition, and education results as key indicators for monitoring pro...

Chapter 3. Long-Term Implications of Fiscal Policy for Labor Market Outcomes

Chapter 3. Long-Term Implications of Fiscal Policy for Labor Market Outcomes »

Source: Africa on the Move : Unlocking the Potential of Small Middle-Income States

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

Policymakers sometimes view the expansion of public employment as a useful tool for reducing high unemployment. This is probably one of the reasons public employment accounts for an important share of total...

3 Scaling Up Service Delivery

3 Scaling Up Service Delivery »

Source: Global Monitoring Report, 2005 : Millennium Development Goals: From Consensus to Momentum

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 2005

ISBN: 9780821360774

Keywords: primary education, multilateral development banks, debt relief, financial institutions, service delivery

The chance for every child to go to primary school. A place to go for medicine and basic health care. Clean water flowing from a tap. Sanitation. Electricity at the turn of a switch. These basic...