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  • Brandenburg  (9)
  • HTW Berlin  (9)
  • GB Fredersdorf-Vogelsdorf
  • 2005-2009  (9)
  • Servén, Luis  (9)
  • 1
    Online Resource
    Online Resource
    Fiscal policy, stabilization, and growth : prudence or abstinence? (2008)
    Washington, D.C : World Bank
    Details
    UID:
    b3kat_BV040615912
    Format: 1 Online-Ressource (xx, 329 p) , ill , 23 cm
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    ISBN: 0821370847 , 0821370855 , 9780821370841 , 9780821370858
    Series Statement: Latin American development forum series
    Note: Includes bibliographical references and index , Erscheinungsjahr in Vorlageform:c2008
    Additional Edition: Reproduktion von Fiscal policy, stabilization, and growth 2008
    Language: English
    Keywords: Lateinamerika ; Finanzpolitik ; Stabilitätspolitik ; Wirtschaftswachstum ; Aufsatzsammlung
    URL: Volltext
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    Online Resource
    Online Access
    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 2
    Online Resource
    Online Resource
    Infrastructure and economic development in Sub-Saharan Africa (2008)
    [Washington, D.C] : World Bank
    Details
    UID:
    b3kat_BV040619316
    Format: 1 Online-Ressource
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Edition: Also available in print.
    Series Statement: Policy research working paper 4712
    Content: "An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key ingredient for economic development. Sub-Saharan Africa ranks consistently at the bottom of all developing regions in terms of infrastructure performance, and an increasing number of observers point to deficient infrastructure as a major obstacle for growth and poverty reduction across the region. This paper offers an empirical assessment of the impact of infrastructure development on growth and inequality, with a focus on Sub-Saharan Africa. The paper uses a comparative cross-regional perspective to place Africa's experience in the international context. Drawing from an updated data set of infrastructure quantity and quality indicators covering more than 100 countries and spanning the years 1960-2005, the paper estimates empirical growth and inequality equations including a standard set of control variables augmented by infrastructure quantity and quality measures, and controlling for the potential endogeneity of the latter. The estimates illustrate the potential contribution of infrastructure development to growth and equity across Africa. "--World Bank web site
    Note: Includes bibliographical references. - Title from PDF file as viewed on 5/18/2009 , Erscheinungsjahr in Vorlageform:[2008] , Weitere Ausgabe: Calderán, César: Infrastructure and economic development in Sub-Saharan Africa
    Additional Edition: Reproduktion von Calderán, César Infrastructure and economic development in Sub-Saharan Africa 2008
    Language: English
    URL: Volltext
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 3
    Online Resource
    Online Resource
    Fiscal Rules, Public Investment, And Growth (2007)
    Washington, D.C : The World Bank
    Details
    UID:
    b3kat_BV040618986
    Format: 1 Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: Solvency is an intertemporal concept, relating to the present value of revenues and expenditures, and encompassing both assets and liabilities. But the standard practice among policy makers, financial market participants and international financial institutions is to assess the strength of the fiscal accounts solely on the basis of the cash deficit. Short-term cash flows matter, but a preponderant focus on them can encourage governments to invest too little, especially during episodes of fiscal tightening. This has potentially adverse consequences for growth and, paradoxically, even for fiscal solvency itself. The paper offers an overview of the links between fiscal targets, public investment, and public sector solvency. After reviewing the international experience with public investment under fiscal adjustment, the paper lays out an analytical framework to illustrate the consequences of using the public deficit as a guide to solvency. The paper then discusses some alternatives to conventional cash deficit rules and their implications for investment and fiscal solvency
    Additional Edition: Reproduktion von Servén, Luis Fiscal Rules, Public Investment, And Growth 2007
    Language: English
    URL: Volltext
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 4
    Online Resource
    Online Resource
    Fiscal Redistribution And Income Inequality In Latin America (2008)
    Washington, D.C : The World Bank
    Details
    UID:
    b3kat_BV040619091
    Format: 1 Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: Income inequality in Latin America ranks among the highest in the world. It can be traced back to the unequal distribution of assets (especially land and education) in the region. But the extent to which asset inequality translates into income inequality depends on the redistributive capacity of the state. This paper documents the performance of Latin American fiscal systems from the perspective of income redistribution using newly-available information on the incidence of taxes and transfers across the region. The findings indicate that: (i) the differences in income inequality before taxes and transfers between Latin America and Western Europe are much more modest than those after taxes and transfers; (ii) the key reason is that, in contrast with industrial countries, in most Latin American countries the fiscal system is of little help in reducing income inequality; and (iii) in countries where fiscal redistribution is significant, it is achieved mostly through transfers rather than taxes. These facts stress the need for fiscal reforms across the region to further the goal of social equity. However, different countries need to place different relative emphasis on raising tax collection, restructuring the tax system, and improving the targeting of expenditures
    Additional Edition: Reproduktion von Goñi, Edwin Fiscal Redistribution And Income Inequality In Latin America 2008
    Language: English
    URL: Volltext
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 5
    Online Resource
    Online Resource
    Real Exchange Rates, Saving And Growth : Is There A Link? (2008)
    Washington, D.C : The World Bank
    Details
    UID:
    b3kat_BV040619240
    Format: 1 Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: The view that policies directed at the real exchange rate can have an important effect on economic growth has been gaining adherents in recent years. Unlike the traditional "misalignment" view that temporary departures of the real exchange rate from its equilibrium level harm growth by distorting a key relative price in the economy, the recent literature stresses the growth effects of the equilibrium real exchange rate itself, with the claim being that a depreciated equilibrium real exchange rate promotes economic growth. While there is no consensus on the precise channels through which this effect is generated, an increasingly common view in policy circles points to saving as the channel of transmission, with the claim that a depreciated real exchange rate raises the domestic saving rate -- which in turn stimulates growth by increasing the rate of capital accumulation. This paper offers a preliminary exploration of this claim. Drawing from standard analytical models, stylized facts on saving and real exchange rates, and existing empirical research on saving determinants, the paper assesses the link between the real exchange rate and saving. Overall, the conclusion is that saving is unlikely to provide the mechanism through which the real exchange rate affects growth
    Note: Weitere Ausgabe: Montiel, Peter J: Real Exchange Rates, Saving And Growth
    Additional Edition: Reproduktion von Montiel, Peter, 1951- Real Exchange Rates, Saving And Growth 2008
    Language: English
    URL: Volltext
    Author information: Montiel, Peter 1951-
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 6
    Online Resource
    Online Resource
    The Impact of Regulation On Growth And Informality : Cross-Country Evidence, Vol. 1 of 1 (2005)
    Washington, D.C : The World Bank
    Details
    UID:
    b3kat_BV040618228
    Format: 1 Online-Ressource (1 online resource (22 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: The authors study the effects of regulation on economic growth and the relative size of the informal sector in a large sample of industrial and developing countries. Along with firm dynamics, informality is an important channel through which regulation affects macroeconomic performance and economic growth in particular. The authors conclude that a heavier regulatory burden-particularly in product and labor markets-reduces growth and induces informality. These effects are, however, mitigated as the overall institutional framework improves
    Note: Weitere Ausgabe: Loayza, Norman V: The Impact of Regulation On Growth And Informality
    Additional Edition: Reproduktion von Loayza, Norman, 1964- The Impact of Regulation On Growth And Informality 2005
    Language: English
    URL: Volltext
    Author information: Loayza, Norman 1964-
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 7
    Online Resource
    Online Resource
    Lessons from NAFTA for Latin America and the Caribbean (2005)
    Palo Alto, Calif ; Washington, DC : World Bank
    Details
    UID:
    b3kat_BV040615493
    Format: 1 Online-Ressource (xx, 407 p) , ill , 23 cm
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    ISBN: 0821358138
    Series Statement: Latin American development forum
    Note: Includes bibliographical references and index , Erscheinungsjahr in Vorlageform:c2005
    Additional Edition: Reproduktion von Lederman, Daniel Lessons from NAFTA for Latin America and the Caribbean 2005
    Additional Edition: Erscheint auch als Druckausgabe ISBN 0-8047-5239-7
    Additional Edition: Erscheint auch als Druckausgabe ISBN 0-8047-5240-0
    Language: English
    Keywords: Lateinamerika ; North American Free Trade Agreement ; Karibik ; North American Free Trade Agreement
    URL: Volltext
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 8
    Online Resource
    Online Resource
    A normal relationship? : poverty, growth, and inequality (2006)
    [Washington, D.C] : World Bank
    Details
    UID:
    b3kat_BV040618419
    Format: 1 Online-Ressource
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Edition: Also available in print.
    Series Statement: Policy research working paper 3814
    Content: "Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The null hypothesis that per capita income follows a lognormal distribution cannot be rejected-although the same hypothesis is unambiguously rejected when applied to per capita consumption. The authors show that lognormality of per capita income has important implications for the relative roles of income growth and inequality changes in poverty reduction. When poverty reduction is the overriding policy objective, poorer and relatively equal countries may be willing to tolerate modest increases in income inequality in exchange for faster growth-more so than richer and highly unequal countries. "--World Bank web site
    Note: Includes bibliographical references. - Title from PDF file as viewed on 1/12/2006 , Erscheinungsjahr in Vorlageform:[2006] , Weitere Ausgabe: Lopez, J. Humberto: A normal relationship?
    Additional Edition: Reproduktion von Lopez, J. Humberto A normal relationship? 2006
    Language: English
    Keywords: Fallstudiensammlung
    URL: Volltext
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
  • 9
    Online Resource
    Online Resource
    Walking Up The Down Escalator : Public Investment And Fiscal Stability (2007)
    Washington, D.C : The World Bank
    Details
    UID:
    b3kat_BV040618763
    Format: 1 Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: Fiscal adjustment becomes like walking up the down escalator when growth-promoting spending is cut so much as to lower growth and thus the present value of future tax revenues to a degree that more than offsets the improvement in the cash deficit. Although short-term cash flows matter, a preponderant focus on them encourages governments to invest too little. Cash flow targets also encourage governments to shift investment spending off budget, by seeking private investment in public projects-irrespective of its real fiscal or economic benefits. To evade the action of cash flow targets, some have suggested excluding from their scope certain investments (such as those undertaken by public enterprises deemed commercial or financed by multilaterals). These stopgap remedies might sometimes help protect investment, but they do not provide a satisfactory solution to the underlying problem. Governments can more effectively reduce the biases created by the focus on short-term cash flows by developing indicators of the long-term fiscal effects of their decisions, including accounting and economic measures of net worth, and where appropriate including such measures in fiscal targets or even fiscal rules, replacing the exclusive focus on liquidity and debt
    Note: Weitere Ausgabe: Easterly, William: Walking Up The Down Escalator
    Additional Edition: Reproduktion von Easterly, William Walking Up The Down Escalator 2007
    Language: English
    URL: Volltext
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    HWR Berlin
    EUV Frankfurt
    TH Brandenburg
    HTW Berlin
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