How Expectations Affect Reform Dynamics in Developing Countries

How Expectations Affect Reform Dynamics in Developing Countries
Author: Francesco Daveri
Publisher: World Bank Publications
Total Pages: 51
Release: 1991
Genre: Developing countries
ISBN:

Bold moves were effective in trade reform in Chile, Turkey, and Venezuela. But discredited governments, in countries with a history of policy failure, are probably better off sending no signals of policy reform and approaching it in small, cautious steps.

Beyond Reforms

Beyond Reforms
Author: José Antonio Ocampo
Publisher: Stanford University Press
Total Pages: 260
Release: 2005
Genre: Business & Economics
ISBN: 9780804752732

This collection presents the difficult challenges of the new economic era as well as a set of alternative economic policies for managing the open Latin American economies of the early twenty-first century. Ideas that were removed from the reform agenda over the past two decades are seen as critical to the improved economic and social performance that liberalization has so far failed to produce. These ideas include a role for counter-cyclical macroeconomic policies, including restrictions on capital mobility; active productive sector and technological development policies; and the need to pay greater attention not only to social policies, but also to the links between economic policies and social outcomes, in order to guarantee a desirable social performance. This collection sheds new light on issues that were largely overlooked during the reform period, and that must be faced squarely to overcome the deficiencies that Latin America has faced during its phase of liberalization and its dismal economic performance since the Asian crisis.

Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publisher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre:
ISBN: 9781646794973

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

The Economics of Financial Reform in Developing Countries

The Economics of Financial Reform in Developing Countries
Author: Wilbert O. Bascom
Publisher: Springer
Total Pages: 210
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349233722

Developing countries' financial sector has been affected by a troubled macroeconomic environment and repressive policies. To improve their financial sector performance, some governments have responded with financial reform policies which have succeeded in only a few but failed in several countries. This book identifies the challenges and solutions for policymakers and financial managers in countries implementing financial reform policies. It analyzes the anatomy of success and failure of reform and argues for sound financial regulation and supervision in these countries.

Transnational Social Policies

Transnational Social Policies
Author: International Development Research Centre (Canada)
Publisher: IDRC
Total Pages: 230
Release: 1999
Genre: Africa
ISBN: 0889368546

Relationships between social policy and human development are the subject of much research and theorizing. The literature in this area, however, examines these issues strictly within national contexts. What influence will international agendas such as NAFTA, the World Summit for Social Development, and Habitat II have? Transnational Social Policies specifically addresses the worldwide trend for national policies on human and social development to be increasingly influenced by agendas that are international, or "transnational," in nature. In doing so, the book examines the underlying international developmental, ethical, economic, and political issues shaping national policies in health, education, and employment in the developing world. This book's focus on the "transnational" character of the social policy debate makes it a truly unique and original contribution to the literature. It will appeal to the academic community, worldwide, in international development, public policy and administration, and social work; policymakers, researchers, and practitioners in the field of public (social) policy; and the international community of individuals and organizations working in international social development.

Measuring Real Exchange Rate Instability in Developing Countries

Measuring Real Exchange Rate Instability in Developing Countries
Author: Lant Pritchett
Publisher:
Total Pages: 38
Release: 1991
Genre: Foreign exchange rates
ISBN:

The historical evolution of the real exchange rate in most LDCs, with periods of gradual appreciation followed by massive depreciations, implies that the standard variability measures are not valid for comparing real exchange rate uncertainty across countries.

Market Reforms and Public Debt Dynamics in Emerging Market and Developing Economies

Market Reforms and Public Debt Dynamics in Emerging Market and Developing Economies
Author: Mr. Zamid Aligishiev
Publisher: International Monetary Fund
Total Pages: 45
Release: 2023-09-12
Genre: Business & Economics
ISBN:

Many emerging market and developing economies face a difficult trade-off between economic support and fiscal sustainability. Market-oriented structural reforms ease this trade-off by promoting economic growth and strengthening public finances. The empirical analysis in this note, based on 62 EMDEs over 1973-2014, shows that reforms are associated with sizeable and long-lasting reductions in the debt-to-GDP ratio mainly through higher fiscal revenues and lower borrowing costs. These effects are larger in countries with greater tax efficiency, lower informality, and higher initial debt. Moreover, a model-based analysis elaborates on how such fiscal gains can be enhanced when revenue windfalls associated with reforms are saved or channeled through higher public investment.

Financial Regulation

Financial Regulation
Author: Dimitri Vittas
Publisher: World Bank Publications
Total Pages: 22
Release: 1992
Genre: Business & Economics
ISBN:

This study discusses ways of evaluating financial regulations and their effect on macroeconomic, allocative, protective, and other financial systems. It is a handy guidebook to regulatory changes faced by banking and nonbanking markets alike.