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Macroeconomic Research in Low-income Countries:Advances Made in Five Key Areas Through a DFID-IMF Collaboration

Author/Editor: Hites Ahir, Hendre Garbers, Mattia Coppo, Giovanni Melina, Futoshi Narita, Filiz D Unsal, Vivian Malta, Xin Tang, Daniel Gurara, Luis-Felipe Zanna, Linda G Venable, Kangni R Kpodar, Chris Papageorgiou.

Release Date:March, 2021

Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP more...



Price: $20.00
On the Capacity to Absorb Public Investment: How Much is Too Much?

Author/Editor: Daniel Gurara, Kangni R Kpodar, Andrea F Presbitero, Dawit Tessema.

Release Date:February, 2020

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at more...



Price: $18.00
Women in the Labor Force : The Role of Fiscal Policies

Author/Editor: Anna Fruttero, Daniel Gurara, Lisa L Kolovich, Vivian Malta, Marina Mendes Tavares, Nino Tchelishvili, Stefania Fabrizio.

Release Date:February, 2020

Despite the increase in female labor force participation over the past three decades, women still do not have the same opportunities as men to participate in economic activities in most countries. more...



Price: $10.00
Some Policy Lessons from Country Applications of the DIG and DIGNAR Models

Author/Editor: Daniel Gurara, Giovanni Melina, Luis-Felipe Zanna.

Release Date:March, 2019

Over the past seven years, the DIG and DIGNAR models have complemented the IMF and World Bank debt sustainability framework (DSF) analysis, over 65 country applications. They have provided useful more...



Price: $18.00
The Impact of Community Based Health Insurance Schemes on Out-of-Pocket Healthcare Spending: Evidence from Rwanda

Author/Editor: Andinet Woldemichael, Daniel Gurara, Abebe Shimeles.

Release Date:February, 2019

Achieving universal health coverage, including financial risk protection and access to quality essential health-care services, is one of the main Sustainable Development Goals. In low-income more...



Price: $18.00
Borrowing Costs and The Role of Multilateral Development Banks: Evidence from Cross-Border Syndicated Bank Lending

Author/Editor: Daniel Gurara, Andrea F Presbitero, Miguel Sarmiento.

Release Date:December, 2018

Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for infrastructure financing. This paper looks at the role of multilateral more...



Price: $18.00
Losing to Blackouts: Evidence from Firm Level Data

Author/Editor: Daniel Gurara, Dawit Tessema.

Release Date:July, 2018

Many developing economies are often hit by electricity crises either because of supply constraints or lacking in broader energy market reforms. This study uses manufacturing firm census data from more...



Price: $18.00
Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries

Author/Editor: Daniel Gurara, Vladimir Klyuev, Nkunde Mwase, Andrea Presbitero, Xin Cindy Xu, Geoffrey J Bannister.

Release Date:November, 2017

This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs). Following an acceleration of public investment over the last 15 years, the stock more...



Price: $18.00