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 3
... labor force contributes signif- icantly to higher worker productivity . Modernizing rural technology has the same effect . Reduced pressure from rural migration to cities and towns translates into lower social outlays and lower ...
... labor force contributes signif- icantly to higher worker productivity . Modernizing rural technology has the same effect . Reduced pressure from rural migration to cities and towns translates into lower social outlays and lower ...
Page 12
... labor effort grows , or because it improves the efficiency with which it uses the factors of production . Increases in productivity can result for a number of reasons : a push or shift of the technological frontier , a gradual move ...
... labor effort grows , or because it improves the efficiency with which it uses the factors of production . Increases in productivity can result for a number of reasons : a push or shift of the technological frontier , a gradual move ...
Page 13
... Labor productivity , however , as measured by the ratio of GDP to employment , grew by 25 percent during that period . The dif- ference in performance is clearly explained by the artificially low return on capital . It is difficult to ...
... Labor productivity , however , as measured by the ratio of GDP to employment , grew by 25 percent during that period . The dif- ference in performance is clearly explained by the artificially low return on capital . It is difficult to ...
Page 14
... labor markets . When it is very costly to hire and fire workers , adjusting the level of production can also be very costly . An economy with a sclerotic labor market is bound to have high average costs of pro- duction or low average ...
... labor markets . When it is very costly to hire and fire workers , adjusting the level of production can also be very costly . An economy with a sclerotic labor market is bound to have high average costs of pro- duction or low average ...
Page 16
... labor productivity . Taking into account the dramatic drop in the volatility of the exchange rate and inflation helps increase predicted labor productivity growth to an average 4.2 percent . Actual labor productivity growth was 6.3 ...
... labor productivity . Taking into account the dramatic drop in the volatility of the exchange rate and inflation helps increase predicted labor productivity growth to an average 4.2 percent . Actual labor productivity growth was 6.3 ...
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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