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Informal Sector and Economic Development: The Credit Supply Channel
(2015-05-01)
The standard view suggests that removing barriers to entry and improving judicial enforcement reduces informality and boosts investment and growth. However, a general equilibrium approach shows that this conclusion may ...
Financing Costs and the Efficiency of Public-Private Partnerships
(2020-11-18)
The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and ...
WEF
World Economic Outlook Report is a survey by the IMF staff usually published twice a year. It presents IMF staff economists' analyses of global economic developments during the near and medium term