Annual World Bank Conference on Development Economics 1995Michael Bruno, Boris Pleskovic World Bank Publications, 1996 - 383 pages This review examines the relevance and efficacy of the World Bank's overall country assistance strategy for Ghana and the effectiveness of the various instruments of Bank assistance. The review finds that Bank loans of more than US$2 billion since 1984, including more than US$1 billion for adjustment operations, contributed to Ghana's progress. It cautions, however, that progress will be unsustainable unless the country proceeds with a large unfinished agenda of reforms designed to stimulate private sector development and enhance the prospects for sustainable agricultural growth. |
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Page 5
... effects are likely to be small , they will exceed any negative effects . The trade liberalization that accompanies growth will lift incomes in rich countries both directly and indirectly , through increased saving and investment ...
... effects are likely to be small , they will exceed any negative effects . The trade liberalization that accompanies growth will lift incomes in rich countries both directly and indirectly , through increased saving and investment ...
Page 13
... effect on the efficiency of resource allocation . Consider the rates of total factor productivity growth for selected periods ( table 1 ) .1 Productivity increased at an average annual rate of 2.3 percent for 1915-30 , 1.7 percent for ...
... effect on the efficiency of resource allocation . Consider the rates of total factor productivity growth for selected periods ( table 1 ) .1 Productivity increased at an average annual rate of 2.3 percent for 1915-30 , 1.7 percent for ...
Page 14
... effects on the level and efficiency of investment and the allocation of resources . The same argument could be made about the effects of volatility in output and demand ( particularly for a relatively closed economy ) . Ramey and Ramey ...
... effects on the level and efficiency of investment and the allocation of resources . The same argument could be made about the effects of volatility in output and demand ( particularly for a relatively closed economy ) . Ramey and Ramey ...
Page 15
... effects of volatility on growth . Beyond the typical results for the importance of investment in physical and human capital , the results show that it is mainly the variability of real exchange rates and inflation that matters ( table 2 ) ...
... effects of volatility on growth . Beyond the typical results for the importance of investment in physical and human capital , the results show that it is mainly the variability of real exchange rates and inflation that matters ( table 2 ) ...
Page 20
... effect or the response to higher potential earn- ings is still an open issue . Some estimates put the real wage increase ( in levels ) at close to 30 percent , while others show almost no change . Any tests based on these statistics are ...
... effect or the response to higher potential earn- ings is still an open issue . Some estimates put the real wage increase ( in levels ) at close to 30 percent , while others show almost no change . Any tests based on these statistics are ...
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Annual World Bank Conference on Development Economics 1995 Michael Bruno,Boris Pleskovic No preview available - 1996 |
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1996 The International adjustment allocation Annual World Bank Argentina assets capital central government Chile conditionality Conference on Development corruption costs country growth Dani Rodrik decentralization defined benefit system developing countries Development Economics 1995 discussion effects efficiency employment example exports factors farmers finance fiscal fiscal federalism Folbre funds gender Gini coefficient groups household important improve incentives income distribution increase industrial countries inequality institutions investment irrigation systems issues jurisdictions labor land reform Latin America macroeconomic ment Michael Bruno multilateral lending Nepal OECD Ostrom output participant pension percent political poor poverty poverty line private flows problems production programs rates Redistribution with Growth reduce regional rent-seeking Research result revenue risk Rodrik role Rudolf Hommes rules sector share social stabilization subnational governments tion trade transfers transition economies United University Press variables wages women workers World Bank World Bank Conference