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Publications

Most read this week

1.
Growth Week 2011

29th October 2010
2.
Rethinking the Effects of Financial Liberalization (Macroeconomics programme)

4th October 2010

Author: Jaume Ventura
3.
Ghana Growth Forum

26th November 2010

Explore our Research

Pakistan’s trade policies: Future Directions
Working Paper

23rd August 2011

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Price Incentives To Rwanda’s Exporters: Trade Policy Priorities
Policy brief

1st August 2011

The current EAC-CET is imposing costs on Rwanda, weighing down export performance and growth, and raising prices for Rwandan consumers. This is in addition to the constraints imposed by Non-Tariff Barriers (NTBs) and transport costs. Rwanda can reduce these costs through negotiations with the EAC, particularly advocating changes in the…
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Encouraging Seasonal Migration to Mitigate the Consequences of a Seasonal Famine in Rural Bangladesh
Policy brief

25th July 2011

In Bangladesh, during the annual seasonal famine, incomes decrease by 50-60% and expenditures on food drop by 10-25%. The government has instituted food or cash-for-work programs, while NGOs attempt to enhance income and employment mostly through credit and to a lesser extent through job training and marketing initiatives. However, there is…
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Reforming the Urban Property Tax in Pakistan’s Punjab
Policy brief

15th July 2011

Property tax collection in the Punjab is roughly a fifth of the level of comparable countries both in terms of the proportion of total local revenues and as share of GDP. This would be ten times compared to what is collected today, amounting to 13% of Punjab’s development budget…
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Optimal Price Indices for Targeting Inflation Under Incomplete Markets
Working Paper

4th July 2011

Our analysis suggests that in the presence of financial frictions a welfare-maximizing central bank should adopt flexible headline inflation targeting – a target based on headline rather than core infl ation, and with some weight on the output gap. We discuss why these results are particularly relevant for emerging markets,…
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Recommendations of the Thirteenth Finance Commission – Implications for Bihar
Working Paper

1st July 2011

To understand the implications of the Thirteenth Finance Commission’s transfers for State finances, Pinaki Chakraborty (NIPFP) undertook this project for the Chief Secretary, Government of Bihar.
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Reshaping Institutions: Evidence on External Aid and Local Collective Action in Sierra Leone
Policy brief

27th June 2011

Institutions are important determinants of economic development. However, there is little evidence about how best to ‘improve’ institutions that are already in place. Moreover, is it possible, or even desirable, for external actors like foreign aid donors to attempt to restructure local power dynamics in less developed countries? Community Driven Development…
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Community Involvement in Public Goods Provision: Evidence From a Field Experiment in Ghana
Working Paper

20th June 2011

This paper presents the results of a field experiment measuring the willingness of individuals in rural communities to contribute to the financing of local public projects. Individuals were asked five times during 2009 to donate to a public good for their community. The experiment tested two commonly used techniques to encourage…
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Survey of the literature on successful strategies and practices for export promotion by developing countries
Working Paper

20th June 2011

Increasing export ranks among the highest priorities of any government in both developed and developing countries. The underling idea is that favoring domestic export is conducive to economic growth. Export promotion policies (EPPs) are the sets of policies and practices aimed at affecting directly or indirectly export in a given…
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The Promise and Peril of Public-Private Partnerships: Lessons from the Chilean Experience
Policy brief

8th June 2011

This policy note summarizes policy lessons for Rwanda from the Chilean experience. It cautions that, contrary to intuition, PPPs do not provide additional resources. It suggests ways to prevent Chile’s costly mistakes related to excessive contract renegotiation. Moreover, the experience of Chile – a country renowned for imperviousness to corruption…
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The Promise and Peril of Public-Private Partnerships: Lessons from the Chilean Experience
Working Paper

8th June 2011

This paper uses the experience of Chile and other developing countries to examine the benefits and pitfalls facing a country that embarks on a wide-ranging PPP program.
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Employee Spinoffs and the Formation of Teams – Evidence from Brazil
Policy brief

31st May 2011

Governments must decide whether to enforce noncompete clauses at the risk of discouraging employee entrepreneurship. The project finds for the period 1995-2001 in Brazil that between one-sixth and one-third of new formal sector businesses are employee spinoffs, and that spinoff firms outperform new formal sector businesses without identifiable parents in…
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