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This paper assesses macroeconomic developments and progress in institution building during 1994-1998. The five year interim period envisaged in the peace accords has ended, and the paper takes stock of what happened in this period. The paper was prepared in the Spring of 1999 and draws on work...
Persistent link: https://www.econbiz.de/10014399629
This paper examines the methodological issues arising in the measurement of the distributional impact of tax and expenditure policies, with emphasis on the problems related to the measurement of the impact of adjustment programs on the welfare of the poor. Both conceptual and empirical...
Persistent link: https://www.econbiz.de/10014396116
The paper proposes a new welfare-based measure to evaluate the distributive effects of public programs. The proposed measure differs from traditional approaches in two important ways: first, it is based on life-cycle considerations, since most public expenditure programs have an intertemporal...
Persistent link: https://www.econbiz.de/10014396379
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than … argued that unequal societies may spend less on redistribution because of capital market imperfections. Based on different … redistribution …
Persistent link: https://www.econbiz.de/10014400085
Five priority programs were identified to help stabilize the economy and lay the groundwork for equitable growth. The government's priority with this core strategy is to enhance macroeconomic management, government operations, and effective fiscal management to promote domestic and international...
Persistent link: https://www.econbiz.de/10014403918
In designing policy measures, including possible social safety nets, targeted to the poor, it is important to fully understand the efficiency implications of these measures. There is abundant macroeconomic literature on their negative effects on the poor’s work effort. The literature, however,...
Persistent link: https://www.econbiz.de/10014396380
This pamphlet focuses on the IMF's role in social policy advice. First,the evolution of the IMF's involvement in social issues is traced,and the lessons that can be drawn from this experience, includingpolicy implications, are outlined. This is followed by an elaboration of the social dimensions...
Persistent link: https://www.econbiz.de/10014399249
Persistent link: https://www.econbiz.de/10004664415
Canada to exit the global crisis on a strong footing. Executive Directors encouraged authorities to maintain their prudent … that Canada is well positioned to adapt its financial regulatory framework to emerging international initiatives. Further …
Persistent link: https://www.econbiz.de/10014401889
Canada has experienced drastic changes in its economy during the global financial crisis. This Selected Issues paper … movement during and after the global financial turmoil in line with other world currencies, assessment of impacts on Canada …’s potential growth, development of Canadian automotive sector—namely, NAFTA partners during the crisis, and the role of Canada …
Persistent link: https://www.econbiz.de/10014401890