Achieving the Millennium Development Goals in Sub-Saharan Africa : A Macroeconomic Monitoring Framework

Agénor, Pierre-Richard; Bayraktar, Nihal; Pinto Moreira, Emmanuel; El Aynaoui, Karim

Achieving the Millennium Development Goals in Sub-Saharan Africa : A Macroeconomic Monitoring Framework

2005

Agénor, Pierre-Richard | Bayraktar, Nihal | Pinto Moreira, Emmanuel | El Aynaoui, Karim

The authors present an integrated macroeconomic approach to monitoring progress toward achieving the Millennium Development Goals (MDGs) in Sub-Saharan Africa. At the heart of their approach is a macroeconomic model that captures key linkages between foreign aid, public investment (disaggregated into education, infrastructure, and health), the supply side, and poverty. The model is linked through cross-section regressions to indicators of malnutrition, infant mortality, life expectancy, and access to safe water. A composite MDG indicator is also calculated. The functioning of the framework is illustrated by simulating the impact of an increase in aid and a debt write-off for Niger at the MDG horizon of 2015, under alternative assumptions about the degree of efficiency of public investment. The authors' approach can serve as the building block of Strategy Papers for Human Development (SPAHD), a more encompassing concept than the current "Poverty Reduction" Strategy Papers.

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Ключевые слова АГРОВОК

accounting agriculture capital debt developing countries development economics economic growth elasticity electricity exports growth growth models growth rate human capital income inflation landlocked countries liquidity living standards macroeconomics national income poverty reduction private investment private sector production costs public debt public expenditure public investment roads rural areas savings side effects social development taxation telecommunications wages

Библиографическая информация

Издатель

World Bank, Washington, DC

Другие темы

Domestic demand; Moral hazard; Development assistance; Developing world; International development; Public funds; High elasticity; Gdp per capita; Public investment in education; Positive impact; Private consumption; Outstanding stock; Declining poverty; Saving rate; Empirical estimation; Rate of return; Member countries; Investment projects; Policy debate; Foreign aid; Growth elasticity; Net exports; Public; Gini coefficient; Capital inflows; Disposable income; Domestic borrowing; Public capital; Central bank; Tax; Exogenous rate; Empirical findings; Aggregate demand; Adjustment costs; Macroeconomic variables; Improving governance; Poverty reduction strategies; Human development; Policy research; Reducing poverty; Business cycle; Formal analysis; Foreign capital; Macroeconomic framework; Government spending; Growth rates; Debt relief; Interest payments; Real exchange rate; Dynamic panel; Poverty rates; Tax rates; Public investment in infrastructure; Technical assistance; Poverty line; Human development report; Equilibrium value; Consumer price index; Real income; Tax revenue; Poverty reduction strategy; Investment rates; Educational attainment; Positive effect; Tax revenues; Empirical evidence; Development goals; Life expectancy; Positive externalities; Tax rate; Consumption growth; Private capital; Individual countries; Demand side; Exchange rate regime; Consumption levels; Endogenous growth; Inefficiency; Liquidity constraints; Endogenous variables; Net foreign assets; Capital flows; Improving productivity; Poor countries; Public resources; Significant impact; Net effect; Empirical support; Infrastructure capital; Country regressions; Low-income countries; Gdp; Infant mortality; Educated workers; Real gdp; Poverty rate; Competitiveness; Public spending; Capital accumulation

Язык

Английский

Формат

application/pdf, text/plain

Лицензия

CC BY 3.0 IGO, http://creativecommons.org/licenses/by/3.0/igo/, World Bank

В АГРИСе с: 2024-10-18

Дата изменения: 2025-10-25

Формат: Dublin Core

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Эту запись предоставил World Bank

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Ссылки

DOI http://documents.worldbank.org/curated/en/2005/10/6334783/achieving-millennium-development-goals-sub-saharan-africa-macroeconomic-monitoring-framework https://hdl.handle.net/10986/8521

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Achieving the Millennium Development Goals in Sub-Saharan Africa : A Macroeconomic Monitoring Framework

2005

Ключевые слова АГРОВОК

Библиографическая информация