scholarly journals External Private Financing and Domestic Revenue Mobilization

2020 ◽  
Vol 20 (230) ◽  
Author(s):  
Hippolyte Balima ◽  
Deirdre Daly ◽  
Boileau Loko
Keyword(s):  
Low Income ◽  
Market Access ◽  
Positive Impact ◽  
Structural Factors ◽  
Political Costs ◽  
Panel Regressions ◽  
Impact Assessment Methodology ◽  
Commercial Loans ◽  
Private Investors ◽  
Private Financing

Domestic revenue mobilization (DRM) is essential for low-income and emerging economies to sustainably finance their development needs and has received increasing attention in recent years. Studies have centered on structural factors such as the size and the structure of the economy, and the quality of institutions, notably to account for weaknesses in revenue administrations. Nevertheless, DRM can take time and carry political costs. Raising more financing through donors or private investors may be an easier and more politically palatable way for countries to meet spending needs. Using an impact assessment methodology and panel regressions over a sample of 72 developing countries, we found no evidence that access to bond markets or external commercial loans undermines the countries’ efforts to collect tax revenue. On the contrary, we found that access to markets has a positive impact on domestic revenue mobilization. Plausible explanations are that private financing must be repaid, and strong macroeconomic fundamentals are key for maintaining market access. We have also found that macroeconomic stability and the strength of institutions do matter for domestic revenue mobilization.

Impact of external currency exposures on macroeconomic policies

2020 ◽  
pp. 23-40
Author(s):  
I. V. Prilepskiy
Keyword(s):  
Monetary Policy ◽  
Exchange Rate ◽  
Positive Impact ◽  
Exchange Rate Regime ◽  
Macroeconomic Policies ◽  
Panel Regressions ◽  
Financial Account ◽  
Currency Exposure ◽  
Cross Country ◽  
The Impact

Based on cross-country panel regressions, the paper analyzes the impact of external currency exposures on monetary policy, exchange rate regime and capital controls. It is determined that positive net external position (which, e.g., is the case for Russia) is associated with a higher degree of monetary policy autonomy, i.e. the national key interest rate is less responsive to Fed/ECB policy and exchange rate fluctuations. Therefore, the risks of cross-country synchronization of financial cycles are reduced, while central banks are able to place a larger emphasis on their price stability mandates. Significant positive impact of net external currency exposure on exchange rate flexibility and financial account liberalization is only found in the context of static models. This is probably due to the two-way links between incentives for external assets/liabilities accumulation and these macroeconomic policy tools.

Women's rural-urban migration in Lebanon

2019 ◽  
Author(s):  
◽  
Sally N. Youssef
Keyword(s):  
Internal Migration ◽  
Low Income ◽  
Lived Experiences ◽  
Urban Migration ◽  
Structural Factors ◽  
Migrant Women ◽  
Migration Studies ◽  
Rural Urban Migration ◽  
Low Income Women ◽  
The Impact

Women’s sole internal migration has been mostly ignored in migration studies, and the concentration on migrant women has been almost exclusively on low-income women within the household framework. This study focuses on middleclass women’s contemporary rural-urban migration in Lebanon. It probes into the determinants and outcomes of women’s sole internal migration within the empowerment framework. The study delves into the interplay of the personal, social, and structural factors that determine the women’s rural-urban migration as well as its outcomes. It draws together the lived experiences of migrant women to explore the determinants of women’s internal migration as well as the impact of migration on their expanded empowerment.

scholarly journals Experiences and impact of international medical volunteering: a multi-country mixed methods study

BMJ Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. e041599 ◽  
Author(s):  
Mary McCauley ◽  
Joanna Raven ◽  
Nynke van den Broek
Keyword(s):  
Low Income ◽  
Online Survey ◽  
Positive Impact ◽  
Healthcare Providers ◽  
International Medical ◽  
Middle Income ◽  
Use Of Resources ◽  
The Uk ◽  
Medical Volunteers ◽  
The Impact

ObjectiveTo assess the experience and impact of medical volunteers who facilitated training workshops for healthcare providers in maternal and newborn emergency care in 13 countries.SettingsBangladesh, Ghana, India, Kenya, Malawi, Namibia, Nigeria, Pakistan, Sierra Leone, South Africa, Tanzania, UK and Zimbabwe.ParticipantsMedical volunteers from the UK (n=162) and from low-income and middle-income countries (LMIC) (n=138).Outcome measuresExpectations, experience, views, personal and professional impact of the experience of volunteering on medical volunteers based in the UK and in LMIC.ResultsUK-based medical volunteers (n=38) were interviewed using focus group discussions (n=12) and key informant interviews (n=26). 262 volunteers (UK-based n=124 (47.3%), and LMIC-based n=138 (52.7%)) responded to the online survey (62% response rate), covering 506 volunteering episodes. UK-based medical volunteers were motivated by altruism, and perceived volunteering as a valuable opportunity to develop their skills in leadership, teaching and communication, skills reported to be transferable to their home workplace. Medical volunteers based in the UK and in LMIC (n=244) reported increased confidence (98%, n=239); improved teamwork (95%, n=232); strengthened leadership skills (90%, n=220); and reported that volunteering had a positive impact for the host country (96%, n=234) and healthcare providers trained (99%, n=241); formed sustainable partnerships (97%, n=237); promoted multidisciplinary team working (98%, n=239); and was a good use of resources (98%, n=239). Medical volunteers based in LMIC reported higher satisfaction scores than those from the UK with regards to impact on personal and professional development.ConclusionHealthcare providers from the UK and LMIC are highly motivated to volunteer to increase local healthcare providers’ knowledge and skills in low-resource settings. Further research is necessary to understand the experiences of local partners and communities regarding how the impact of international medical volunteering can be mutually beneficial and sustainable with measurable outcomes.

scholarly journals Correlations and path analysis for quantitative characteristics in semi-prostrate cowpea bean genotypes (Vigna unguiculata (L.) Walp)

2020 ◽  
Vol 14 (2) ◽  
pp. 216-223
Author(s):  
Hermes Araméndiz-Tatis ◽  
Miguel Espitia-Camacho ◽  
Carlos Cardona-Ayala
Keyword(s):  
Grain Yield ◽  
Path Analysis ◽  
Low Income ◽  
Positive Impact ◽  
Caribbean Region ◽  
Environment Interaction ◽  
Cowpea Cultivars ◽  
Quantitative Characters ◽  
Negative Effect ◽  
Positive Direct

The cowpea is the most important legume in the Colombian Caribbean, due to its positive impact on the food and nutritional security of low-income rural families. It is cultivated by small producers, but its yields per hectare do not exceed 600 kg, due to the use of obsolete cultivars. The objective of the research was to estimate the correlations between seven quantitative characters and the path analysis between grain yield and six quantitative characters, with the results of the evaluation of 10 genotypes of semi-prostrate growth habit, high grain yield, grown in eight environments of the humid and dry tropics of the Colombian Caribbean region, under the randomized complete blocks design, with four repetitions. Significant differences between environments, genotypes and genotype x environment interaction were detected. Genotypic correlations were of greater magnitude than phenotypic, highlighting the correlation between grain width (GW) and grain yield (GY), rP = 0.69 *, rG = 0.78 *, also between the weight of 100 seeds (100SW) and GW, rP = 0.97 **, rG = 0.99 **. The characters GW and number of pods per plant (NPP) had positive direct effects on the GY, with an indirect negative effect of NPP by way of GW, while the height of the first pod (HFP), the number of seeds per pod (NSP) and the 100SW directly and negatively influenced the GY of the 10 semi-prostrate cowpea cultivars.

Capital structure optimization for build–operate–transfer (BOT) projects using a stochastic and multi-objective approach

2009 ◽  
Vol 36 (5) ◽  
pp. 777-790 ◽  
Author(s):  
Sungmin Yun ◽  
Seung Heon Han ◽  
Hyoungkwan Kim ◽  
Jong Ho Ock
Keyword(s):  
Capital Structure ◽  
Financial Risk ◽  
Optimal Level ◽  
Operating Income ◽  
Financial Responsibility ◽  
Multi Objective ◽  
Equity Ratio ◽  
Privately Financed ◽  
Private Investors ◽  
Private Financing

Private financing has long been recognized as playing an important role in providing public infrastructure facilities worldwide. Private investors–operators, however, are often exposed to the financial risk of low profitability due to the inaccurate forecast of facility demand, operating income, and maintenance costs. From the operator’s perspective, a sound and thorough financial feasibility study is required to establish the appropriate capital structure of a project. To this end, operators are likely to reduce the equity amount to minimize the level of risk exposures, whereas creditors or lenders continue to raise it in an attempt to secure a decent level of financial responsibility from the operators. This paper presents an optimized capital structure model for both creditors and operators to reach an agreement for a balanced structure that synchronizes both profitability and repayment capacity. The model is developed with the use of Monte Carlo simulation and a multi-objective generic algorithm (GA) for drawing an optimal level of equity ratio. Results of a case study on a railway project show that the proposed model provides a proper range of capital structure for privately financed infrastructure projects while accounting for the project-specific risks under variable conditions.

IPRs and Innovation, Technology Transfer, and Economic Welfare

2020 ◽  
pp. 1536-1568
Author(s):  
Juan Manuel Gil ◽  
Luis Angel Madrid ◽  
Carlos Hernán Fajardo
Keyword(s):  
Technology Transfer ◽  
Low Income ◽  
Positive Impact ◽  
Low Income Countries ◽  
Economic Welfare ◽  
Middle Income ◽  
Middle Income Countries ◽  
Transfer Of Technology ◽  
The Difference ◽  
Dissemination Of Technology

The TRIPS agreement states that Intellectual Property Rights (IPRs) protection should contribute to the promotion of technological innovation, economic welfare, and to the transfer and dissemination of technology. However, there is still no consensus on whether IPRs protection has achieved its goal. Thus, the chapter provides a discussion on how the impact of IPRs on innovation, technology transfer, and economic welfare is affected by the difference in the income level of the countries. The results suggest that in high-income and upper middle-income countries, IPRs have a positive impact in these variables. Nevertheless, it seems that in lower middle-income and low-income countries, IPRs have not increased innovation, spurred transfer of technology. or created economic welfare.

A Dream Realized

2020 ◽  
pp. 46-67
Author(s):  
Nate Bryant
Keyword(s):  
Higher Education ◽  
Low Income ◽  
Family Income ◽  
Positive Impact ◽  
Higher Education Institutions ◽  
Vulnerable Population ◽  
Low Income Students ◽  
Total Family Income ◽  
Institutional Structures ◽  
Changing Demographics

This chapter presents the characteristics and challenges that low-income students face culturally, socially, and academically, and identifies services that have a positive impact on their retention. Low-income students are defined as students whose total family income is below $50,000 a year. While higher education institutions boast about the increase in low-income students enrolling in college, the data show that the retention of these students is not as praiseworthy. Colleges and universities have not been nimble in meeting students where they are academically. Rather, they expect students to navigate the institutional structures and cultures that pre-date the changing demographics of higher education. Recognizing the characteristics of low-income students in relation to education, and understanding the challenges they face, will be helpful to higher education institutions as they create programs to meet the needs of this most vulnerable population.

Scenarios for the Peruvian Rural Electrification Program

2005 ◽  
Author(s):  
Pedro Mendoza G. ◽  
Maximiliano Arroyo U. ◽  
Wilson Jime´nez
Keyword(s):  
Renewable Energy ◽  
Low Income ◽  
Social Impact ◽  
Significant Risk ◽  
Energy Systems ◽  
Biomass Energy ◽  
Rural Electrification ◽  
Small Scale ◽  
Private Investors ◽  
Renewable Energy Generation

The rural electrification program initiated in Peru in order to achieve the 2012 rural electrification target was developed to forecast energy systems from both conventional and renewable resources. This program has proposed three scenarios for gradual increasing of the amount of renewable energy generation (36% of the 2012 target). However, it’s necessary to analyze the situation because the renewable energy rural market shows a low income for private investors although it has a high social impact. So, there is still significant risk for the development of renewable energy systems that could be minimized by using decentralized biomass energy systems with the application of small-scale-technologies.

US election could affect remittances to Latin America

2016 ◽  
Keyword(s):  
United States ◽  
Latin America ◽  
Low Income ◽  
Positive Impact ◽  
The United States ◽  
Content Type ◽  
The Caribbean ◽  
Low Income Families

Subject Growing remittances to Latin America. Significance Family remittances to Latin America and the Caribbean (LAC) have been growing strongly in a year when immigration has become a central and controversial election issue in the United States. Impacts Strong remittance growth will have a positive impact on millions of low-income families in the region. A Trump presidency could lead to reduced LAC-US migration and a tax on remittances, probably slowing growth in 2017-18. LAC migrants and their families are set to benefit further from an expected continuing fall in sending costs.

Sign in / Sign up

Export Citation Format

Share Document