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Bill of Health: The recent slowdown in the growth of public health spending in advanced economies is not likely to last

Bill of Health: The recent slowdown in the growth of public health spending in advanced economies is not likely to last »

Source: Finance & Development, December 2014

Volume/Issue: 51/4

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 November 2014

ISBN: 9781484315422

Keywords: Finance and Development, health, public health, public health spending, health care, primary health care

This chapter emphasizes the importance of health policy and its implementation and connection to economic growth. The chapter also offers a different view of progress in the provision of better health facilities. T...

International Capital Flows and Development

International Capital Flows and Development »

Source: International Capital Flows and Development : Financial Openness Matters

Volume/Issue: 2010/235

Series: IMF Working Papers

Author(s): Luca Ricci , Thierry Tressel , and Dennis B. S. Reinhardt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455209354

Keywords: Lucas paradox, financial openness, capital inflows, capital account openness, Financial Aspects of Economic Integration, Economic Growth And Aggregate Productivity,

Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages of economic development. We find that, whe...

Business Cycles in Emerging Markets

Business Cycles in Emerging Markets »

Source: Business Cycles in Emerging Markets : The Role of Durable Goods and Financial Frictions

Volume/Issue: 2011/133

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

ISBN: 9781455259380

Keywords: real business cycles, durables, financial frictions, business cycles, total consumption, interest rates, business cycle, elasticity of substitution, Open Economy Macroeconomics, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation,

This paper examines how durable goods and financial frictions shape the business cycle of a small open economy subject to shocks to trend and transitory shocks. In the data, nondurable consumption is not as volatil...