Economic Performance in Post-Market Economies and Poverty Reduction: The Case of Tanzania

2010 ◽  
Vol 8 (1) ◽  
Author(s):  
EA Mwaigomole
2017 ◽  
Vol 64 (5) ◽  
pp. 593-606 ◽  
Author(s):  
Yılmaz Bayar

Poverty reduction is one of the key challenges in the globalized world. This study investigates the relationship between financial development and poverty reduction in emerging market economies during the period 1993- 2012. The Carri?n-i-Silvestre, del Barrio-Castro, and L?pez-Bazo (2005) panel unit root test and the Basher and Westerlund (2009) cointegration test was applied considering the cross-sectional dependence and multiple structural breaks in the study period. The findings indicated that financial development, including banking sector development and stock market development, had a significant positive impact on poverty reduction in emerging market economies.


Author(s):  
Jorge Mongay

This chapter is written as a conceptual document, trying to explain how the Ease of Doing Business (EDB) and the regulatory framework developed by governments can help to decrease poverty or to increase wealth in a given country. It explains the 10 most important variables analyzed by the World Bank in its EDB research project. This chapter also cites and provides comments on the journal papers that support the research methodology used by the World Bank. It also provides the reader with a conceptual literature review on EDB, it analyzes separated data by geographical regions and suggests conceptually country factors which could influence on the Ease of Doing Business in the future, being this factor of capital importance for governments interested in wealth creation and economic growth. The main goal of the chapter is to help the reader to identify the most crucial issues when evaluating EDB and its impact on economic performance and consequently on poverty reduction.


2019 ◽  
pp. 20-43
Author(s):  
Justin Yifu Lin ◽  
Célestin Monga

This chapter examines some of the policy issues often presented as the causes of poor economic performance and underdevelopment. It identifies the most commonly posited causes such as insufficient physical capital, bad business environment and poor governance, weak human capital and absorptive capacity, low productivity, and bad cultural habits such as laziness. Many of the reasons often put forward in the development literature to justify the poor economic performance of low-income countries are generally symptoms of the problem rather than its root causes. No country begins its process of sustained economic growth with the “appropriate” amount of physical or human capital. Economic take-off and poverty reduction processes have now occurred in countries with widely different cultural backgrounds and political and administrative itineraries. This has led to another line of “prerequisites to economic development” articulated around the notions of institutional and financial development.


Policy Papers ◽  
2011 ◽  
Vol 2011 (71) ◽  
Author(s):  

This report reviews the Kyrgyz Republic’s economic performance under Fund-supported programs from early 2005 to mid-2010. Two Fund-supported programs are assessed: the March 2005 Poverty Reduction and Growth Facility (PRGF, which expired in May 2008), and the December 2008 Exogenous Shock Facility (ESF, which expired in June 2010). Earlier Fund-supported programs were discussed in the Kyrgyz Republic’s first Ex Post Assessment (EPA), which was completed in November 2004. The assessment does not cover performance under the Rapid Credit Facility (RCF), which was approved by the Executive Board on September 15, 2010.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Thuy Hang Duong

PurposeInflation targeting has increasingly become a popular monetary framework since its first introduction in New Zealand at the beginning of 1990. However, the causality effects of this policy on economic performance, particularly in periods of economic turmoil remain controversial. Thus, this paper re-examines the treatment effect of inflation targeting on two important macro indicators which are inflation rate and output growth with the focus on emerging market economies. The global financial crisis, which is known as the great recession since the last decade, is investigated as an exogenous shock to test for the effectiveness of this popular regime.Design/methodology/approachThe difference-in-difference approach in the fixed-model is employed for this investigation using a balanced panel data of 54 countries with 15 inflation-targeting countries for the period 2002 to 2010.FindingsThe examination finds that there is no significant difference in terms of the inflation rate and gross domestic product growth over the whole research period between the treatment and control groups. However, the outcome suggests that emerging economies can control the increase in inflation rate when the economy has to cope with the exogenous uncertainties.Research limitations/implicationsThis finding indicates important policy implications for central banks in many countries.Originality/valueInflation targeting can help emerging countries to reduce an increase in inflation rate in the crisis period without many trade-offs in the growth of output.


2015 ◽  
Vol 07 (04) ◽  
pp. 78-87
Author(s):  
John WONG

In recent years, income distribution has worsened virtually in all market economies. For East Asia, Japan, South Korea, Taiwan, Hong Kong and Singapore have successfully done away with absolute poverty, with their current focus on relative poverty. China, Malaysia and Thailand have resolved their absolute poverty problem, targeting policies now on certain regions or certain groups. For Indonesia, the Philippines, Cambodia, Laos, Myanmar and Vietnam, the main thrust is still on reducing their absolute poverty.


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