Documents et rapports
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Current debates on infrastructure policy (anglais)
This paper provides an overview of the major current debates on infrastructure policy. It reviews the evidence on the macroeconomic significance of the sector in terms of growth and poverty alleviation...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57748 Date du document: 1 janvier 2010 Mode de publication: Disclosed Auteur: Estache,Antonio,Fay,Marianne
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Financial crisis and global governance : a network analysis (anglais)
This paper attempts to use network theory, drawn from recent work in sociology, engineering, and biological systems, to suggest that the current crisis should be viewed as a network crisis. The author...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57766 Date du document: 1 janvier 2010 Mode de publication: Disclosed Auteur: Sheng,Len Tao
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Growth challenges for Latin America : what has happened, why, and how to reform the reforms (anglais)
Latin America faces the twin challenges of achieving economic growth and reducing extreme inequality. Notwithstanding the heterogeneity among Latin American countries (LACs), most of them exhibit both:...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57750 Date du document: 1 janvier 2010 Mode de publication: Disclosed Auteur: Ffrench-Davis, Ricardo
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Macro crises and targeting transfers to the poor (anglais)
A central question for policy makers concerned with helping the poor through a macro crisis is how to target scarcer resources at a time of greater need. Technical arguments suggest that finer targeting...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57765 Date du document: 1 janvier 2010 Mode de publication: Disclosed Auteur: Kanbur,Ravi
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Eight reasons we are given not to worry about the U.S. deficits (anglais)
The large U.S. current account deficit over the last decade-and the corresponding surpluses in China and elsewhere-has been interpreted in two very different ways. Many mainstream economists view the phenomena...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57757 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Frankel,Jeffrey A.
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Greenhouse emissions and climate change : implications for developing countries and public policy (anglais)
There is no longer any serious debate about whether greenhouse gas emissions from human activity are altering the earth's climate. There is also a broad consensus that efficient mitigation of emissions...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57761 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Wheeler, David
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Growth and education (anglais)
Does education matter for growth? Which type of education investment (primary, secondary, or tertiary) matters most? Is there a relationship between growth or innovation and the governance of higher education?...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57755 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Aghion,Philippe
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From growth theory to policy design (anglais)
This paper focuses on how growth theory can guide growth policy design. It first argues that policy matters for growth, in particular when policy variables are interacted with country?specific variables...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57756 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Aghion,Philippe,Durlauf,Steven
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Climate change and economic growth (anglais)
Grim descriptions of the long-term consequences of climate change have given the impression that the climate impacts from greenhouse gases threaten long-term economic growth. However, the impact of climate...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57759 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Mendelsohn,Robert
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Real exchange rates, saving, and growth : is there a link? (anglais)
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...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57745 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Montiel,Peter J.,Serven,Luis
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Explaining China's development and reforms (anglais)
China's remarkable economic performance over the last 30 years resulted from reforms that met the specific conditions of China at any point in time. Starting with a heavily distorted and extremely poor...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57749 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Hofman,Bert,Jinglian,Wu
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Remarks for Yale workshop on global trends and challenges : understanding global imbalances (anglais)
This paper argues that global imbalances in current account positions are a natural consequence of globalization of financial markets and of demographic trends, particularly in Europe and in East Asia...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57754 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Cooper,Richard N.
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A new Bretton Woods? (anglais)
The Bretton Woods sisters, the International Bank for Reconstruction and Development (henceforth the World Bank) and the International Monetary Fund (IMF), were set up in 1944. The original purpose of...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57758 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Rajan,Raghuram Govind
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Setting up a modern macroeconomic policy framework in Brazil, 1993-2004 (anglais)
Setting up a modern macroeconomic policy framework in Brazil, 1993-2004
Type de document: Document de travail (série numérotée) Numéro du rapport: 57744 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Werneck, Rogerio L. F.
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Macroeconomic policy : does it matter for growth? The role of volatility (anglais)
Recent academic research has questioned the role of economic policy as a determinant of long term growth rates. While there seems to be a correlation between several policy variables and growth rates...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57747 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Fatas,Antonio,Mihov, Ilian
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Investment efficiency and the distribution of wealth (anglais)
The point of departure of this paper is that in the absence of effectively functioning asset markets the distribution of wealth matters for efficiency. Inefficient asset markets depress total factor productivity...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57752 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Banerjee, Abhijit V.
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Public finance and economic development : reflections based on the experience in China (anglais)
Low tax revenue and slow economic growth are two central concerns in developing countries. However, policies that raise tax revenue also harm economic growth. With tax revenue coming mainly from large...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57760 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Gordon,Roger H.
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What do we know about monetary policy that Friedman did not know? (anglais)
This paper offers a personal review of the current state of knowledge on monetary policy. In a nutshell, what Friedman knew-have survived, but that modern monetary policy departs in some important ways...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57762 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Wyplosz,Charles
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Africa's growth turnaround : from fewer mistakes to sustained growth (anglais)
After stagnating for much of its postcolonial history, economic performance in Sub?Saharan Africa has markedly improved. Since 1995, average economic growth has been close to 5 percent per year. Has Africa...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57753 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Page,John
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Climate change, mitigation, and developing country growth (anglais)
This paper deals with global mitigation strategy. More specifically the main purpose is to address the question of whether growth in the developing world is consistent with long?run climate change objectives...
Type de document: Document de travail (série numérotée) Numéro du rapport: 57763 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Spence,Andrew Michael