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Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets

Author/Editor: Edward F Buffie, Luis-Felipe Zanna, Christopher S Adam, Lacina Balma, Dawit Tessema, Kangni R Kpodar.

Release Date:June, 2020

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented more...



Price: $18.00
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...



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Public Investment in Bolivia: Prospects and Implications

Author/Editor: Yehenew Endegnanew, Dawit Tessema.

Release Date:July, 2019

Bolivia’s “Patriotic Agenda 2025” sets targets for social and economic development propelled by state-led industrialization under a five-year development plan (2016–2020). Large-scale public 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