Fiscal Policy for Sustainable Development in Resource-Rich Low-Income Countries

2012 ◽  
pp. 147-169
Author(s):  
Kirk Hamilton ◽  
Eduardo Ley
Keyword(s):  
Sustainable Development ◽  
Fiscal Policy ◽  
Low Income ◽  
Low Income Countries

scholarly journals Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries

2020 ◽  
Vol 20 (12) ◽  
Author(s):  
Jiro Honda ◽  
Hiroaki Miyamoto ◽  
Mina Taniguchi
Keyword(s):  
Exchange Rate ◽  
Fiscal Policy ◽  
Low Income ◽  
Exchange Rate Regime ◽  
Structural Characteristics ◽  
Empirical Studies ◽  
Low Income Countries ◽  
Output Effect ◽  
State Of The Economy ◽  
Spending Shocks

What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical studies on the subject. This paper fills this gap by estimating the output effects of government spending shocks in LICs. Our analysis—based on the local projection method—finds that the output effects in LICs are markedly lower than those in AEs and marginally smaller than those in EMs. We also find that in LICs, the output effects are larger (i) during recessions; (ii) under a fixed exchange rate regime; and/or (iii) with higher quality of institutions. Our analysis could not confirm any statistically significant output effect under floating exchange rate regimes. For the estimation of the output effects of fiscal spending shocks, it is thus important to consider the state of the economy and the country’s structural characteristics. Our results imply that the output costs of fiscal adjustment in LICs may not be as large as previously thought, especially if adopted outside of a recession, based on cutting public consumption, and accompanied by reform to enhance institutions.

scholarly journals The Political Economy of the Sustainable Development Goals (SDGs): Does Performance on the SDGs Affect Re-Election?

2020 ◽  
Vol 12 (16) ◽  
pp. 6445
Author(s):  
Christian Kroll ◽  
Vera Zipperer
Keyword(s):  
Sustainable Development ◽  
Gender Equality ◽  
Low Income ◽  
Voting Behavior ◽  
Sustainable Development Goals ◽  
Economic Voting ◽  
Policy Framework ◽  
Low Income Countries ◽  
Agenda 2030 ◽  
Development Goals

While the economic voting hypothesis is a well-researched approach to explain behavior at the ballot box, a broader perspective of economic, social and environmental issues regarding a government’s chances to get re-elected is still missing in the literature. In this context, this paper makes use for the first time of the Agenda 2030 with its 17 Sustainable Development Goals (SDGs) as the comprehensive policy framework that all 193 UN member states have pledged to achieve. The objective of our study is therefore to examine the relationship between SDGs’ progress and the likelihood of re-election. Our analysis of 124 countries regarding performance on the SDGs over time and voting behavior shows: the chance to get re-elected as a government significantly increases for progress made towards SDG 5 (Gender Equality). Notable differences are also found for high-income vs. low-income countries. The fact that governments are rewarded at the ballot box for successful action towards gender equality is encouraging, while the mechanisms behind other SDG areas deserve more research.

Designing Monetary and Fiscal Policy in Low-Income Countries

2006 ◽  
Author(s):  
Jan Martijn ◽  
Gabriel Di Bella ◽  
Shamsuddin Tareq ◽  
Benedict Clements ◽  
Abebe Aemro Selassie ◽  
...  
Keyword(s):  
Fiscal Policy ◽  
Low Income ◽  
Low Income Countries ◽  
Monetary And Fiscal Policy

scholarly journals Growth, governance, and fiscal policy transmission channels in low-income countries

2004 ◽  
Vol 20 (3) ◽  
pp. 517-549 ◽  
Author(s):  
Emanuele Baldacci ◽  
Arye L. Hillman ◽  
Naoko C. Kojo
Keyword(s):  
Fiscal Policy ◽  
Low Income ◽  
Low Income Countries ◽  
Transmission Channels ◽  
Policy Transmission

scholarly journals Aid to education and sustainable development

2019 ◽  
Vol 9 (2) ◽  
pp. 816-837
Author(s):  
Keith Lewin
Keyword(s):  
Sustainable Development ◽  
Low Income ◽  
Comparative Education ◽  
Development Aid ◽  
Low Income Countries ◽  
The Sustainable Development ◽  
Poor Countries ◽  
Accelerate Development ◽  
Development Goals ◽  
National Investment

The Sustainable Development Goals commit all countries to make rights to education realities for all children. Most of those out of school, and in school but not learning, are in Low Income Countries. Poor countries allocate 3%-4% of GDP to education. 6% is needed to finance universal primary and secondary school. Aid can help. However, aid to education in poor countries has stagnated since 2010 at USD 12 Billion annually. Aid can accelerate development that is self-sustaining through investment in human capitals and the promotion of public goods. Over the last three decades national investment has helped some countries transform their education systems. In other countries progress has been disappointing. The challenge for old and new donors to education is how should future aid be provided to promote sustainable development aid and how can Comparative Education help?

scholarly journals Low-Carbon Quick Wins: Integrating Short-Term Sustainable Transport Options in Climate Policy in Low-Income Countries

2019 ◽  
Vol 11 (16) ◽  
pp. 4369 ◽  
Author(s):  
Bakker ◽  
Haq ◽  
Peet ◽  
Gota ◽  
Medimorec ◽  
...  
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Low Income ◽  
Low Income Countries ◽  
Change Strategies ◽  
Low Carbon ◽  
Sustainable Transport ◽  
Gas Emissions

In low income countries (LICs) in Africa and Asia per capita transport greenhouse gas emissions are relatively low but are expected to grow. Therefore, a substantial reduction in projected increases is required to bring emissions in line with long-term global climate objectives. Literature on how LICs are integrating climate change mitigation and sustainable transport strategies is limited. Key drivers of transport policy include improving accessibility, congestion, air quality, energy security, with reducing greenhouse gas emissions being of lower priority. This paper assesses the current status, feasibility and potential of selected low-carbon transport measures with high sustainable development benefits that can be implemented in the short to medium term, so- called ‘quick wins’. It examines to what extent ten such quick wins are integrated in climate change strategies in nine low- and middle-income countries in Africa and South Asia. The research method comprises expert interviews, an online questionnaire survey of experts and policymakers in the focus countries, and a review of literature and government plans. Results indicate that sustainable urban transport policies and measures are considered high priority, with vehicle-related measures such as fuel quality and fuel economy standards and electric two- and three-wheelers being of key relevance. In existing national climate change strategies, these quick wins are integrated to a certain extent; however, with better coordination between transport and energy and environment agencies such strategies can be improved. A general conclusion of this paper is that for LICs, quick wins can connect a ‘top-down’ climate perspective with a ‘bottom-up’ transport sector perspective. A knowledge gap exists as to the mitigation potential and sustainable development benefits of these quick wins in the local context of LICs.

scholarly journals Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries

2003 ◽  
Vol 03 (237) ◽  
pp. 1
Author(s):  
Naoko C. Kojo ◽  
Arye L. Hillman ◽  
Emanuele Baldacci ◽  
◽  
◽  
...  
Keyword(s):  
Fiscal Policy ◽  
Low Income ◽  
Low Income Countries ◽  
Transmission Channels ◽  
Policy Transmission

scholarly journals SDG partnerships may perpetuate the global North–South divide

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Malgorzata Blicharska ◽  
Claudia Teutschbein ◽  
Richard J. Smithers
Keyword(s):  
Sustainable Development ◽  
Low Income ◽  
Third Sector ◽  
Low Income Countries ◽  
The Sustainable Development ◽  
Agenda 2030 ◽  
The North ◽  
Third Sector Organisations ◽  
Other World ◽  
Access To Data

AbstractThe 2030 Agenda for Sustainable Development gives equal emphasis to developed (“Northern”) countries and developing (“Southern”) countries. Thus, implementation of the Sustainable Development Goals (SDGs) demands coherent collaboration to transform society across all countries. Yet, there has been little research published on SDG partnerships and this is the first study to explore the extent to which partners from Northern and Southern countries are involved in them and their focus. It identifies that involvement is unequally distributed and may perpetuate the North–South divide in countries’ resources, including access to data and scientific capacities. Most notably, partners from low-income countries are involved in far fewer partnerships than partners from countries in all other World Bank income categories, although the former are least able to develop sustainably. As such, all those promoting sustainable development from governmental, private and third-sector organisations need to address global inequalities in establishing and implementing SDG partnerships if, collectively, they are to facilitate delivery of Agenda 2030.

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