How Conflicting Definitions of "manufactures" Distort Output and Trade Statistics

How Conflicting Definitions of
Author: Alexander J. Yeats
Publisher: World Bank Publications
Total Pages: 27
Release: 1991
Genre: Developing countries
ISBN:

Inconsistencies in definitions of "manufactures" used to compile output and trade statistics produce a discrepancy of $60 billion in estimates of developing country exports. Clearly, international organizations must resolve these discrepancies.

Framework for Macroeconomic Analysis

Framework for Macroeconomic Analysis
Author: Colin A. Bruce
Publisher: World Bank Publications
Total Pages: 110
Release: 1991
Genre: Debts, External
ISBN:

Models of the RMSM-X genre can-- while preserving their logical structure-- incorporate behavioral equations and provide useful insights into policy actions that would correct internal and external macroeconomic imbalances.

Macroeconomic Adjustment to Oil Shocks and Fiscal Reform

Macroeconomic Adjustment to Oil Shocks and Fiscal Reform
Author: Ibrahim Elbadawi
Publisher: World Bank Publications
Total Pages: 100
Release: 1991
Genre: Equilibrium (Economics)
ISBN:

Deep fiscal reform will significantly help Zimbabwe achieve a sustainable debt path, a decline in interest rates paid on public debt and a recovery of private consumption and investment.

Are Ghana's Roads Paying Their Way?

Are Ghana's Roads Paying Their Way?
Author: Reuben Gronau
Publisher: World Bank Publications
Total Pages: 50
Release: 1991
Genre: Roads
ISBN:

The study of road use costs in Ghana showed, first, that such studies are in fact feasible in LDCs, notwithstanding gaps in the data, and second, that they can reveal important inefficiencies in the tax system.

Do the Benefits of Fixed Exchange Rates Outweigh Their Costs?

Do the Benefits of Fixed Exchange Rates Outweigh Their Costs?
Author: Shantayanan Devarajan
Publisher: World Bank Publications
Total Pages: 37
Release: 1991
Genre: Economics
ISBN:

Fixed exchange rates have been a bad bargain for the CFA member countries. Under reasonable tradeoffs between output and inflation, these countries would have been better off having the flexibility to adjust to external shocks.