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  • Document

    Research on Land Markets in South Asia: What Have We Learned?

    Policy Research Working Papers, World Bank, 1999
    What have we learned about land markets in South Asia about land reform, land fragmentation, sharecropping, security of tenure, farm size, land rights, transaction costs, bargaining power, policy distortions, and market imperfections (including those associated with gender)?Faruqee and Carey review the literature on land markets in South Asia to clarify what's known and to highlight unresolved
  • Document

    Ghana's Labor Market (1987-92)

    Policy Research Working Papers, World Bank, 1999
    The rate of return to education in Ghana increases with higher education and work experience. The return for each additional year of schooling ranges from 4 to 6 percent, quite high for a Sub-Saharan African country.
  • Document

    The State in a changing world: World Development Report 1997: summary

    World Development Report, World Bank, 1999
    An effective state is vital for the provision of the goods and services--and the rules and institutions--that allow markets to flourish and people to lead healthier, happier lives. Without it, sustainable development, both economic and social, is impossible. Many said much the same thing fifty years ago, but then they tended to mean that development had to be state-provided.
  • Document

    What Drives Deforestation in the Brazilian Amazon? Evidence from Satellite and Socioeconomic Data

    Policy Research Working Papers, World Bank, 1999
    Road network expansion is strongly associated with increased deforestation in the Brazilian Amazon. Pfaff analyzes the determinants of deforestation in the Brazilian Amazon.
  • Document

    Do Labour Market Policies and Growth Fundamentals Matter for Income Inequality in OECD Countries? Some Empirical Evidence

    International Monetary Fund Working Papers, 1997
    Income distribution is of obvious social concern in its own right, and it obviously affects economic performance. This paper analyzes the determinants of inequality in the context of a specific model in which labor market policies and the level of economic activity affect unemployment, which in turn affects inequality.
  • Document

    Broad Money Demand and Monetary Policy in Tunisia

    International Monetary Fund Working Papers, 1997
    The objective of this paper is to establish empirical foundations for the conduct of monetary policy in Tunisia by examining the nature and the stability of the demand for money and discussing appropriate operating regimes for the control of the money supply.
  • Document

    Stock Market Equilibrium and Macroeconomic Fundamentals

    International Monetary Fund Working Papers, 1997
    A resurgence in interest about the role played by stock markets in economic development has stimulated a burgeoning literature of research on emerging markets. This paper examines the efficiency characteristics of the Stock Exchange of Singapore, one of the few developed stock markets in South East Asia. The paper employs a wide range of methods for testing stock market efficiency.
  • Document

    Intra-Industry Trade of Arab Countries: An Indicator of Potential Competitiveness

    International Monetary Fund Working Papers, 1997
    Arab countries today face prospects of trade liberalization as exemplified by the European Union Association Agreements. Whereas few short-term benefits are anticipated, increased competitiveness is expected to spur improvements to efficiency, stimulate foreign investment, generate growth possibilities, and present access to larger markets.
  • Document

    Improving India's Saving Performance

    International Monetary Fund Working Papers, 1997
    The double task of poverty alleviation and maintaining pace with fast-growing neighbor countries in Asia has prompted the Indian government to announce the target of achieving 7 percent annual growth or more over the next 10 years. Against this background, this paper discusses recent trends in Indian saving behavior and reviews policy options to increase domestic saving.
  • Document

    Financial Liberalization and Money Demand in ASEAN Countries: Implications for Monetary Policy

    International Monetary Fund Working Papers, 1997
    Monetary developments in Indonesia, Malaysia, Singapore, and Thailand since the early 1980s have to be assessed in the context of substantial changes in their financial markets. The rapid growth and deepening of financial markets reflect not only sustained increases in per capita incomes, but also financial market reforms that have increased competition and foreign capital inflows.

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