Zobrazeno 1 - 10
of 29
pro vyhledávání: '"Catherine A Pattillo"'
Financial sectors in low-income sub-Saharan Africa (SSA) are among the world's least developed. In fact, assets in most low-income African countries are smaller than those held by a single medium-sized bank in an industrial country. The absence of de
Autor:
Catherine A. Pattillo, Andrew Berg
The integration of financial markets around the world over the past decade has posed new challenges for policymakers. The speed with which money can be switched in and out of currencies and countries has increased with the efficiency of global commun
Autor:
Catherine A Pattillo, Rafael Portillo, Andrew Berg, Luis-Felipe Zanna, Edward F. Buffie, Andrea F. Presbitero
Publikováno v:
Economica. 86:409-430
We reconsider the macroeconomic implications of public investment efficiency, defined as the ratio between the actual increment to public capital and the amount spent. We show that, in a simple and standard model, increases in public investment spend
Autor:
Kalpana Kochhar, Catherine A Pattillo, Yan M Sun, Nujin Suphaphiphat, Andrew J Swiston, Robert Tchaidze, Benedict J. Clements, Stefania Fabrizio, Valentina Flamini, Laure Redifer, Harald Finger
This paper examines water challenges, a growing global concern with adverse economic and social consequences, and discusses economic policy instruments. Water subsidies provided through public utilities are estimated at about $456 billion or 0.6 perc
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::157d3defb9440dd510fc655de90da93d
http://www.imf.org/external/pubs/cat/longres.aspx?sk=42938
http://www.imf.org/external/pubs/cat/longres.aspx?sk=42938
Publikováno v:
BASE-Bielefeld Academic Search Engine
We develop a model in which governments' financing needs exceed the socially optimal level because public resources are diverted to serve the narrow interests of the group in power. From a social welfare perspective, this results in undue pressure on
Publikováno v:
Brookings Trade Forum. 2004:212-221
Publikováno v:
SSRN Electronic Journal.
We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions nec
Autor:
Chris Papageorgiou, Hans Weisfeld, Nikola Spatafora, Catherine A Pattillo, Andrew Berg, Martin Schindler
This paper investigates the short-run effects of the 2007-09 global financial crisis on growth in (mainly non-fuel exporting) low-income countries (LICs). Four conclusions stand out. First, for many individual LICs, 2009 was not extraordinarily calam
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::18e691bb3f8ea9144906dd6ad524506f
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24613
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24613
Autor:
Catherine A Pattillo, Hugh Bredenkamp
This note outlines a scheme for mobilizing financing to help developing countries confront the challenges posed by climate change. The idea is to create a “Green Fund” with the capacity to raise resources on a scale commensurate with the Copenhag
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::31df3201113d69996fb7991897745a36
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23725
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23725
Publikováno v:
BASE-Bielefeld Academic Search Engine
This paper develops a cost–benefit analysis of monetary integration and applies it to the currency unions being actively pursued in Africa. While many related studies have highlighted the problems associated with shock asymmetries, very few analyse