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  • 1
    Online Resource
    Online Resource
    Cote D'ivoire Volatility, Shocks And Growth (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bogetic, Zeljko Cote D'ivoire Volatility, Shocks And Growth
    Keywords: Access to Markets ; Agriculture ; Cocoa Price ; Cocoa Prices ; Coffee Prices ; Commodity Prices ; Cotton Prices ; Crops and Crop Management Systems ; Economic Theory and Research ; Emerging Markets ; Inflation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Market Power ; Markets and Market Access ; Price Indices ; Private Sector Development ; Volatility ; World Markets ; Access to Markets ; Agriculture ; Cocoa Price ; Cocoa Prices ; Coffee Prices ; Commodity Prices ; Cotton Prices ; Crops and Crop Management Systems ; Economic Theory and Research ; Emerging Markets ; Inflation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Market Power ; Markets and Market Access ; Price Indices ; Private Sector Development ; Volatility ; World Markets ; Access to Markets ; Agriculture ; Cocoa Price ; Cocoa Prices ; Coffee Prices ; Commodity Prices ; Cotton Prices ; Crops and Crop Management Systems ; Economic Theory and Research ; Emerging Markets ; Inflation ; International Economics & Trade ; Macroeconomics and Economic Growth ; Market Power ; Markets and Market Access ; Price Indices ; Private Sector Development ; Volatility ; World Markets
    Abstract: Key economic variables in Cote d'Ivoire vary widely from their long-run trends, moving in multi-year cyclical patterns. Cocoa prices move with cycles in growth rates, capital stock, real exchange rates, terms of trade, cocoa production, and coffee production and output. These patterns have become more pronounced since the 1970s as volatility increased. This paper characterize these cycles, estimates the cocoa price-quantity relationship, and analyzes co-movements due to shocks generate a forecast. Three key conclusions follow. First, the economy of Cote d'Ivoire has experienced two fundamental transitions, one in 1976 related to cocoa, and another in 1994 related to exchange rates. From 1960 to 1976, world cocoa prices grew steadily, and then fell in real terms. The country's growth showed a similar pattern. An econometric model indicates that the relationship between cocoa price and quantity experienced a break in 1976 and provides evidence of Cote d'Ivoire's significant influence on world cocoa prices. Second, cocoa price shocks affect growth rates and trade indicators, and are important sources of volatility in the Cote d'Ivoire. The terms of trade and real exchange rate are also sources of volatility for growth and productivity. Third, a forecast of per-worker output based on these variables predicts continued declines in GDP per worker in Cote d'Ivoire for the near future. This dismal forecast implies the need for a radical and rapid improvement on political, security, and economic management to reverse the two and a half decades of economic decline
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Achieving Accelerated And Shared Growth In Ghana : A MAMS-Based Analysis of Costs And Opportunities (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (26 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bogetic, Zeljko Achieving Accelerated And Shared Growth In Ghana
    Keywords: Development Economics ; Development Goals ; Economic Theory and Research ; Health, Nutrition and Population ; Human capital ; Human development ; Macroeconomic stability ; Macroeconomics and Economic Growth ; Policy ReseaRch ; Policy packages ; Population Policies ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Rapid growth ; Unskilled labor ; Development Economics ; Development Goals ; Economic Theory and Research ; Health, Nutrition and Population ; Human capital ; Human development ; Macroeconomic stability ; Macroeconomics and Economic Growth ; Policy ReseaRch ; Policy packages ; Population Policies ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Rapid growth ; Unskilled labor ; Development Economics ; Development Goals ; Economic Theory and Research ; Health, Nutrition and Population ; Human capital ; Human development ; Macroeconomic stability ; Macroeconomics and Economic Growth ; Policy ReseaRch ; Policy packages ; Population Policies ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Rapid growth ; Unskilled labor
    Abstract: This paper relies on the recently developed Maquette for Millennium Development Goals Simulations (MAMS) model to assess the consistency of alternative scaling-up and policy packages for growth and achievement of the Millennium Development Goals in Ghana. In the baseline scenario, Ghana's strong near and medium-term growth outlook puts it in a good position to achieve the poverty Millennium Development Goal ahead of schedule, but other goals are likely to remain elusive before 2015. In the accelerated growth scenario-which addresses the major gaps in water and sanitation and other infrastructure-even more rapid growth and poverty reduction are possible, but important targets in the areas of education, health, and environment remain unattainable. Although growth is complementary to achievement of the Millennium Development Goals, the authors also find important growth-human development trade-offs in the near term. The estimates show that the resource requirements for achieving the key Millennium Development Goals by 2015 are large, reaching US
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Online Resource
    Online Resource
    Cote d'Ivoire : From Success To Failure A Story of Growth, Specialization, And The Terms of Trade (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (45 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bogetic, Zeljko Cote d'Ivoire
    Keywords: Banks and Banking Reform ; Economic Growth ; Economic History ; Economic Theory and Research ; Emerging Markets ; Exports ; GDP ; GDP Per Capita ; Human Capital ; Macroeconomics and Economic Growth ; Overvaluation ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Productivity ; Real GDP ; Total Factor Productivity ; Total Factor Productivity Analysis ; Banks and Banking Reform ; Economic Growth ; Economic History ; Economic Theory and Research ; Emerging Markets ; Exports ; GDP ; GDP Per Capita ; Human Capital ; Macroeconomics and Economic Growth ; Overvaluation ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Productivity ; Real GDP ; Total Factor Productivity ; Total Factor Productivity Analysis ; Banks and Banking Reform ; Economic Growth ; Economic History ; Economic Theory and Research ; Emerging Markets ; Exports ; GDP ; GDP Per Capita ; Human Capital ; Macroeconomics and Economic Growth ; Overvaluation ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Productivity ; Real GDP ; Total Factor Productivity ; Total Factor Productivity Analysis
    Abstract: Real GDP per capita and capital stock in Cote d'Ivoire grew strongly from 1960 to 1979, but have declined ever since, for twenty-five years. As a result, the country has traveled a full circle from economic success to failure in little more than a generation. What are the long-term factors behind this dismal growth story? Are the Ivorian development problems mostly of recent origin? Or there are more fundamental, economic factors that explain its long term performance? Four principal conclusions are as follows: First, Cote d'Ivoire's long-term growth performance is not fully explained by temporary factors (e.g., CFA overvaluation or recent conflict). Longer term factors such as capital accumulation, productivity, and terms of trade are key to understanding the country's performance as is the policy of specialization in a single commodity--cocoa. Second, the long-term decline in per capita output started well before the currency overvaluation, and at a time of political stability, and is related to a major, secular deterioration in terms of trade that started after 1976. Third, total factor productivity estimates indicate that TFP per capita also grew until it hit a plateau in 1976-78, and then shrank thereafter, despite gains in human capital accumulation. Fourth, Cote d'Ivoire has pursued a policy of specialization in cocoa beans but this bet on a single commodity has ultimately failed. The strategy that brought prosperity during the 1970s resulted in a growth failure when cocoa prices began declining since 1976
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    Online Resource
    Online Resource
    Cote d'Ivoire : Competitiveness, Cocoa, And The Real Exchange Rate (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bogetic, Zeljko Cote d'Ivoire
    Keywords: Competitiveness ; Consumer Price Indices ; Currencies and Exchange Rates ; Deflators ; Economic Theory and Research ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; GDP ; GDP Deflator ; Gross Domestic Product ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Trade Competitiveness ; Value Added ; Wages ; Competitiveness ; Consumer Price Indices ; Currencies and Exchange Rates ; Deflators ; Economic Theory and Research ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; GDP ; GDP Deflator ; Gross Domestic Product ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Trade Competitiveness ; Value Added ; Wages ; Competitiveness ; Consumer Price Indices ; Currencies and Exchange Rates ; Deflators ; Economic Theory and Research ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; GDP ; GDP Deflator ; Gross Domestic Product ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Markets and Market Access ; Private Sector Development ; Trade Competitiveness ; Value Added ; Wages
    Abstract: This paper explores competitiveness of Cote d'Ivoire's economy over a long period of 1960-2003 and its link with cocoa prices. The main conclusions are as follows. First, using four measures of real effective exchange rate (REER) for the 1960-2002 period, we track the evolution of REER and conclude, inter alia, that until 2003, REER remained well below its 1994 level. Second, we find that based on our measure of the multilateral REER with dynamic weights, which covers most recorded trade, France no longer dominates Cote d'Ivoire's trade. Instead, Cote d'Ivoire has diversified its set of trading partners. Unfortunately, it has also specialized in one export product, raw cocoa. This paper aims to contribute to the question to what extent do cocoa prices affect Cote d'Ivoire's competitiveness in world trade? Third, the answer to this question is that cocoa prices are an important determinant of Cote d'Ivoire's competitiveness. Similar to the case of a classic "Dutch Disease," increases in the real world price of a "natural resource" (i.e., cocoa) tend to result in the appreciation of the CFA franc and a loss in competitiveness. Econometric tests further confirm that 1994 was a "break-point" not only for growth and productivity (as documented in the two related papers) but also for trade competitiveness. Recent productivity per worker trends versus wages also seem to indicate slow growth in 1996-2000, without major improvement in competitiveness
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    Online Resource
    Online Resource
    Drivers of Firm-Level Productivity in Russia's Manufacturing Sector (2013)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (29 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Bogetic, Željko Drivers of Firm-Level Productivity in Russia's Manufacturing Sector
    Abstract: This note presents the results of an empirical analysis of firm-level productivity growth in Russia's manufacturing sector during the period 2003-08 using a rich Amadeus database as well as the recent EBRD/World Bank Business Enterprise and Performance surveys (BEEPs). The results show that productivity grew steadily between 2003 and 2008, with an annual growth rate averaging 4 percent over the period, showing no signs of a slowdown from the previous period after the 1998 crisis. Firm characteristics such as size, location, age, and the structure of firm ownership are important determinants of productivity, as evidenced by positive effects of scale economies (large firm effect), agglomeration (Moscow-city effect), private ownership, and a firm's industry dominance. Supplemental analysis of the quality of infrastructure-water, electricity, transport, and the internet-using BEEPS data show that infrastructure quality gaps reduce firm productivity with water supply gaps having the largest impact
    DOI: 10.1596/1813-9450-6572
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
    Online Resource
    Online Resource
    Determinants of public expenditure on infrastructure : transportation and communication (1996)
    Washington, DC : World Bank, Europe and Central Asia, Country Dept. I, Country Operations Division
    Details
    Language: English
    Pages: Online-Ressource (iii, 63, 9 p) , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: Policy research working paper 1661
    Parallel Title: Randolph, Susan Determinants of public expenditure on infrastructure
    Keywords: Expenditures, Public ; Infrastructure (Economics) Finance ; Public investments ; Expenditures, Public ; Infrastructure (Economics) Finance ; Public investments
    Note: "October 1996"--Cover , Includes bibliographical references (p. 59-61)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
    Online Resource
    Online Resource
    International benchmarking of Lesotho's infrastructure performance (2006)
    [Washington, D.C] : World Bank
    Details
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3825
    Parallel Title: Bogetic, Željko International benchmarking of Lesotho's infrastructure performance
    Keywords: Infrastructure (Economics) ; Infrastructure (Economics)
    Abstract: "The author provides a preliminary benchmarking of infrastructure performance in Lesotho in four major sectors--electricity, water and sanitation, information and communication technology, and road transportation--against the relevant group of comparator countries using a new World Bank international data base with objective and perception-based indicators of infrastructure performance from over 200 countries. The results of the benchmarking are revealing of several major, comparative deficiencies in infrastructure performance in Lesotho: (1) extremely low access to electricity and its affordability; (2) poor coverage, quality, and the cost of local (non-cellular) telephony; and (3) poor quality of roads. Infrastructure service delivery in electricity, telephony, and roads is well below what would be expected, on average, for a country in Lesotho's income group. In these sectors, Lesotho also compares unfavorably with many other geographical country groups. Unless addressed, such infrastructure shortfalls are likely to adversely affect the welfare of Lesotho's poor, and the cost competitiveness and growth prospects of a range of economic sectors (such as tourism and trade) that depend critically on a stable and competitive supply of basic infrastructure service. They could also affect the speed and quality of Lesotho's regional economic integration within the South Africa Customs Union (SACU) sub-region with attendant consequences for the long-term growth of regional trade and real output. By contrast, Lesotho's performance is solid in the access to improved water and sanitation, in the aggregate and in both rural and urban areas. Finally, this benchmarking, combined with more in-depth, sector analyses, could provide policymakers in Lesotho a useful guide to the areas of infrastructure performance requiring attention. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/17/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
    Online Resource
    Online Resource
    Forecasting investment needs in South Africa's electricity and telecommunications sectors (2006)
    [Washington, D.C] : World Bank
    Details
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3829
    Parallel Title: Bogetic, Željko Forecasting investment needs in South Africa's electricity and telecommunications sectors
    Keywords: Electric power ; Investments ; Telecommunication ; Electric power ; Investments ; Telecommunication
    Abstract: "The authors use a panel-data set for the period 1980-2002 to estimate demand for electricity and telecommunications services and project investment needs in South Africa through 2010 for two growth scenarios. Projections of average annual investment needs in electricity and telecommunications for the current growth scenario (3.6 percent a year) are of the order of 0.2 percent and 0.75 percent of GDP, respectively. An alternative, accelerated growth scenario (6 percent a year) implies approximate doubling of investment needs in these sectors. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/26/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    Online Resource
    Online Resource
    Distribution of income and income tax burden in Bulgaria (1995)
    Washington, DC : World Bank
    Details
    Language: English
    Pages: Online-Ressource (25, [1] p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: Policy research working paper 1421
    Parallel Title: Bogetic, Željko Distribution of income and income tax burden in Bulgaria
    Keywords: Income distribution Statistics ; Income tax ; Income distribution Statistics ; Income tax
    Note: "February 1995 , Includes bibliographical references (p. 24-[25])
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
    Online Resource
    Online Resource
    Financing government in the transition--Bulgaria : the political economy of tax policies, tax bases, and tax evasion (1995)
    Washington, DC : World Bank
    Details
    ISBN: 0821333887
    Language: English
    Pages: Online-Ressource (xv, 254 p) , ill , 24 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: World Bank regional and sectoral studies
    DDC: 336.4977
    Keywords: Taxation ; Taxation ; Bulgaria Economic policy 1989- ; Bulgaria Economic policy 1989-
    Note: Includes bibliographical references and index
    URL: Volltext  (Deutschlandweit zugänglich)
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