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The Simple(r) Algebra of Pension Plans
Unless the real rate of interest exceeds the growth rate of real wages by a significant margin, payment of a reasonable pension rate requires a high contribution rate or a high active worklife ratio.
Foreign Direct Investment in a Macroeconomic Framework
Does foreign direct investment affect national saving both directly and indirectly through the rate of economic growth? It depends on which countries you're talking about. Pacific Basin countries appear to differ markedly from some other developing countries.
Tariff Rates
None
Stabilization and Growth Recovery in Mexico
The right combination of orthodox and heterodox policies can bring inflation down and induce sustained economic recovery in Mexico-- and has done so. But a few loose ends remain: a sharp decline in private savings and the continuing appreciation of the peso.
The Dynamics of Poverty
Abstract: August 1995 - In urban areas of Côte d'Ivoire, human capital is the endowment that best explains welfare changes over time. In rural areas, physical capital - especially the amount of land and farm equipment owned - matters most. Empirical investigations of poverty in developing countries tend to focus on the incidence of poverty at a particular point in time. If the incidence of poverty increases, however, there is no information about how many new poor have joined the existing poor and how many people have escaped poverty. Yet this distinction is of crucial policy importance. The chronically poor may need programs to enhance their human and physical capital endowments. Invalids ...
