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Redistribution, Inequality, and Growth

Redistribution, Inequality, and Growth »

Volume/Issue: 2014/2

Series: Staff Discussion Notes

Author(s): Jonathan Ostry , Andrew Berg , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 February 2014

DOI: http://dx.doi.org/10.5089/9781484352076.006

ISBN: 9781484352076

Keywords: Redistribution, Inequality, Growth, gini, redistributive transfers, income distribution, dependent variable, gini coefficient, and Growth,

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inabi...

Senegal
			: Achieving High and Inclusive Growth While Preserving Fiscal Sustainability

Senegal : Achieving High and Inclusive Growth While Preserving Fiscal Sustainability »

Volume: 13

Series: Departmental Papers / Policy Papers

Author(s): Alexei Kireyev , and Gaston Mpatswe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2013

DOI: http://dx.doi.org/10.5089/9781484379660.087

ISBN: 9781484379660

Keywords: Economic growth, Electric power, Subsidies, Government expenditures, Fiscal sustainability, Senegal, electricity, per, expenditure, electricity subsidies

Senegal's growth has been sluggish in recent years with implications for poverty reduction. Average growth was relatively strong in 1995-2005 and accompanied by a large drop in poverty incidence. Due partly to a se...

Cross-Country Linkages in Europe
			: A Global VAR Analysis

Cross-Country Linkages in Europe : A Global VAR Analysis »

Volume/Issue: 2013/194

Series: IMF Working Papers

Author(s): Yan Sun , Frigyes Heinz , and Giang Ho

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2013

DOI: http://dx.doi.org/10.5089/9781484345474.001

ISBN: 9781484345474

Keywords: Spillover, Global VAR, regional model, macro-financial linkages, emerging Europe, gdp growth, real gdp, inflation, growth rate, long-term interest rates

This paper uses the Global VAR (GVAR) model proposed by Pesaran et al. (2004) to study cross-country linkages among euro area countries, other advanced European countries (including the Nordics, the UK, etc.), and...

Inclusive Growth
			: Measurement and Determinants

Inclusive Growth : Measurement and Determinants »

Volume/Issue: 2013/135

Series: IMF Working Papers

Author(s): Rahul Anand , Saurabh Mishra , and Shanaka Peiris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2013

DOI: http://dx.doi.org/10.5089/9781484323212.001

ISBN: 9781484323212

Keywords: pro-poor growth, distribution, equity, inequality, social mobility, pro-poor, distribution of income, welfare function, Justice, and Other Normative Criteria and Measurement

We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are cal...

Regionalization vs. Globalization

Regionalization vs. Globalization »

Volume/Issue: 2013/19

Series: IMF Working Papers

Author(s): Hideaki Hirata , Ayhan Kose , and Christopher Otrok

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2013

DOI: http://dx.doi.org/10.5089/9781557753281.001

ISBN: 9781557753281

Keywords: Comovement, Synchronization, Trade linkages, Financial linkages, business cycle, business cycle synchronization, regional trade, global trade, Bayesian Analysis, Time-Series Models

Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution o...

The East African Community
			: Prospects for Sustained Growth

The East African Community : Prospects for Sustained Growth »

Volume/Issue: 2012/272

Series: IMF Working Papers

Author(s): Catherine McAuliffe , Sweta Saxena , and Masafumi Yabara

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 November 2012

DOI: http://dx.doi.org/10.5089/9781475539424.001

ISBN: 9781475539424

Keywords: Accelerated growth, sustained growth, benchmarking, East African Community, domestic savings, per capita income, commodity prices, commodity exporters, common market, General

The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and...

Investment-Led Growth in China
			: Global Spillovers

Investment-Led Growth in China : Global Spillovers »

Volume/Issue: 2012/267

Series: IMF Working Papers

Author(s): Ashvin Ahuja , and Malhar Nabar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 November 2012

DOI: http://dx.doi.org/10.5089/9781475556414.001

ISBN: 9781475556414

Keywords: gdp growth, trading partner, real gdp, fixed investment, trading partners

Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports has widened substantially. Several economies within China's supply chain are increasingly exposed...

Social Spending in Korea
			: Can it Foster Sustainable and Inclusive Growth?

Social Spending in Korea : Can it Foster Sustainable and Inclusive Growth? »

Volume/Issue: 2012/250

Series: IMF Working Papers

Author(s): Selim Elekdag

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2012

DOI: http://dx.doi.org/10.5089/9781475549218.001

ISBN: 9781475549218

Keywords: Korea, growth, social, spending, social spending, labor market, labor market participation, relative poverty, General,

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase...

Accelerating And Sustaining Growth
			: Economic and Political Lessons

Accelerating And Sustaining Growth : Economic and Political Lessons »

Volume/Issue: 2012/185

Series: IMF Working Papers

Author(s): Arvind Virmani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

DOI: http://dx.doi.org/10.5089/9781475505337.001

ISBN: 9781475505337

Keywords: High Growth Economies, Policy Reforms, Timing and Phasing., import liberalization, competitive pressure, external shocks, per capita income, per capita growth rate, Macroeconomic Analyses of Economic Development, Economic Growth and Aggregate Productivity: General

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history...

Mali
			: Poverty Reduction and Strategy Paper-2010 Progress Report

Mali : Poverty Reduction and Strategy Paper-2010 Progress Report »

Volume/Issue: 2011/372

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 December 2011

DOI: http://dx.doi.org/10.5089/9781463929169.002

ISBN: 9781463929169

Keywords: local authorities, civil society, poverty reduction strategy, reduction strategy

This 2010 Progress Report on the Poverty Reduction Strategy Paper (PRSP) focuses on the poverty condition in Mali. The incidence of poverty in Mali fell from 55.6 percent in 2001 to 43.6 percent in 2010. Over the p...