1995
DOI: 10.1016/0305-750x(95)00003-u
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Macroeconomic policies and project performance in the social sectors: A model of human capital production and evidence from LDCs

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Cited by 26 publications
(18 citation statements)
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“…Policy experts justify some type of income redistribution as a potential remedy in the absence of 'general purpose' technical progress [1]. This suggests that increased health care spending, or improved health status of the poor [60], is unlikely to be forthcoming in regimes with greater macroeconomic instability and policy distortion [26] and income inequalities (GINI) when compared with those having a more balanced distribution. Countries with uneven income distribution distort health care resource allocation to emphasize curative more than preventive medicine [3].…”
Section: Domestic Within-country Income Inequalitiesmentioning
confidence: 97%
“…Policy experts justify some type of income redistribution as a potential remedy in the absence of 'general purpose' technical progress [1]. This suggests that increased health care spending, or improved health status of the poor [60], is unlikely to be forthcoming in regimes with greater macroeconomic instability and policy distortion [26] and income inequalities (GINI) when compared with those having a more balanced distribution. Countries with uneven income distribution distort health care resource allocation to emphasize curative more than preventive medicine [3].…”
Section: Domestic Within-country Income Inequalitiesmentioning
confidence: 97%
“…Following Kaufmann and Wang (1995), Isham, Kaufmann and Pritchett (1997), Isham and Kaufmann (1999) and Levin and Dollar (2005), we use data from the projects funded by the World Bank and evaluated by the Independent Evaluation Group (IEG) of the World Bank.…”
Section: -Introductionmentioning
confidence: 99%
“…While no hard and fast conclusions can be drawn, it may be suggested that increases in this source of wealth hinges on growth in the other sources of capital. This tentative conclusion is supported by Kaufmann and Wang's (1995) study of the linkages between a state's development of human capital and its macroeconomic policies, e.g., fiscal deficit, currency exchange values, and trade barriers. Within the paradigm proposed here, these variables would be considered as indicators of institutional capital.…”
Section: Summary and Discussionmentioning
confidence: 93%