Challenges To MDG Achievement In Low Income Countries : Lessons From Ghana And Honduras / Bussolo, Maurizio
This paper summarizes the policy lessons from applications of the Maquette for MDG Simulations (MAMS) model to two low income countries: Ghana and Honduras. Results show that costs of MDGs achievement could reach 10-13 percent of GDP by 2015, although, given the observed low productivity in the prov...
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| Main Authors: | Bussolo, Maurizio |
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| Other Authors: | Medvedev, Denis |
| Format: | Online-Resource |
| Language: | English |
| Published: | Washington, D.C : The World Bank, 2007 |
| Subjects: | |
| Online Access: | URL des Erstveröffentlichers |
| Summary: | This paper summarizes the policy lessons from applications of the Maquette for MDG Simulations (MAMS) model to two low income countries: Ghana and Honduras. Results show that costs of MDGs achievement could reach 10-13 percent of GDP by 2015, although, given the observed low productivity in the provision of social services, significant savings may be realized by improving efficiency. Sources of financing also matter: foreign aid inflows can reduce international competitiveness through real exchange appreciation, while domestic financing can crowd out the private sector and slow poverty reduction. Spending a large share of a fixed budget on growth-enhancing infrastructure may mean sacrificing some human development, even if higher growth is usually associated with lower costs of social services. The pursuit of MDGs increases demand for skills: while this encourages higher educational attainments, in the short term this could lead to increased income inequality and a lower poverty elasticity of growth |
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| Item Description: | Weitere Ausgabe: Bussolo, Maurizio: Challenges To MDG Achievement In Low Income Countries |
| Physical Description: | 1 Online-Ressource (22 Seiten) |
