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 2
... stabilization program , far - reaching privatization of state companies , deregulation in many spheres , a reduction in trade barriers , and an overhaul of government spending and taxes . Called the " convert- ibility plan , " the ...
... stabilization program , far - reaching privatization of state companies , deregulation in many spheres , a reduction in trade barriers , and an overhaul of government spending and taxes . Called the " convert- ibility plan , " the ...
Page 6
... stabilize output and employment in indus- trial countries . Although the stabilizing effect is small , it will grow as the develop- ing economies grow , provided fluctuations in output between the two groups do not become more closely ...
... stabilize output and employment in indus- trial countries . Although the stabilizing effect is small , it will grow as the develop- ing economies grow , provided fluctuations in output between the two groups do not become more closely ...
Page 11
... stabilization of infla- tion and the crucial relative prices . The program is popularly known as " the con- vertibility plan " thanks to its most notorious and innovative feature : the introduction of a bimonetary currency board ...
... stabilization of infla- tion and the crucial relative prices . The program is popularly known as " the con- vertibility plan " thanks to its most notorious and innovative feature : the introduction of a bimonetary currency board ...
Page 14
... stabilize the economy using a variety of mechanisms . This series of stabilization attempts , each followed by policy collapse , has had deleterious effects on the level and efficiency of investment and the allocation of resources . The ...
... stabilize the economy using a variety of mechanisms . This series of stabilization attempts , each followed by policy collapse , has had deleterious effects on the level and efficiency of investment and the allocation of resources . The ...
Page 16
... stabilization by plugging in the realized values of the variables for Argentina in 1991-94 . The results , again , fall short of the observed growth in labor productivity . Taking into account the dramatic drop in the volatility of the ...
... stabilization by plugging in the realized values of the variables for Argentina in 1991-94 . The results , again , fall short of the observed growth in labor productivity . Taking into account the dramatic drop in the volatility of the ...
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Annual World Bank Conference on Development Economics 1995 Michael Bruno,Boris Pleskovic No preview available - 1996 |
Common terms and phrases
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