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Lessons from the South African electricity crisis
International Policy Centre for Inclusive Growth, 2008The ongoing electricity crisis in South Africa is having serious consequences on the economy. Electricity supply is predicted to constrain growth for at least the next five years. How could this have occurred when until recently South Africa had a surplus of cheap electricity?DocumentVoices of women entrepreneurs in Bosnia and Herzegovina
World Bank Research, 2008This paper highlights the many positive role models of Bosnian businesswomen. Their stories of succeeding in a challenging post-war environment provide inspiration to young women who are just starting out in their professional life.DocumentMaking the Indian budget: how open and participatory?
Economic and Political Weekly, India, 2007Open and participatory budget making is essential for good governance. Analysing the process of budget making in India, this article says by international standards India fares poorly on this count. The participation of both the public and parliament has been inadequate.DocumentReforming retirement-income systems: lessons from the recent experiences of OECD countries
Institute of Labor Economics, Bonn, 2008Reforming pensions looms large over the policy agenda of OECD countries. This is hardly surprising since public spending on pensions accounted on average for 7 per cent of OECD GDP in 2005; and pension spending is set to increase significantly over the coming decades in response to population ageing.DocumentApocalyptic demography? Putting longevity risk in perspective
Pensions Institute, 2008This report has been prepared for finance directors of organisations with significant defined benefit (DB) pension liabilities. The authors argue that longevity risk - the risk that pension scheme members will live materially longer than assumed - is the most topical and challenging of risks currently facing scheme managers.DocumentSlim governments boost economic growth and deliver higher social gains
Centre for Policy Studies, UK, 2008This paper reviews the economic performance of 20 industrialised countries to examine the validity of the early supply-side economists' argument that lower taxes will boost growth and therefore eventually lead to higher and more efficient government spending. It finds that slimmer governments (those with government revenue and expenditure below 40 per cent of GDP):DocumentAssessing the redistributive effect of fiscal policy
World Bank, 2008How does a government’s fiscal policy, and, specifically, its tax policy, influence the distribution of economic welfare in a society? In the context of poverty and inequality, accounting for the distributional effects of public policy is essential when evaluating government intervention. One way of doing this is through expenditure and tax incidence analysis.DocumentInflation-targeting in sub-Saharan Africa: why now? Why at all?
Centre for Development Policy and Research, SOAS, 2008As only the second central bank in Sub-Saharan Africa, the Bank of Ghana has adopted an inflation-targeting regime. This paper argues that this step is wrong and comes at a bad time as:DocumentUnderstanding responses to pension forecasts: qualitative research
UK Government Department for Work and Pensions, 2008This report is the result of a project commissioned by the Department for Work and Pensions (DWP) which aimed to enrich understanding of people’s responses to pension forecasts.DocumentThe government budget: a critical appraisal with reference to transparency and accountability
Pathfinder Foundation, 2007This briefing paper, prepared for the purpose of educating legislators in Sri Lanka on issues relating to their government budget, addresses the following questions:Pages
