The Cote d'Ivoire's troubled economy: why World Bank intervention failed

Article Abstract:

The World Bank was unsuccessful in restoring the African nation, Cote d'Ivoire, to economic health. The bank unearthed the root cause of the country's economic problem as early as 1982. Cote d'Ivoire's one-party government supported a festering corruption that allowed elite officials to manipulate resource allocation. The bank's recommended reforms were ignored since it threatened to cut the benefits enjoyed by the authorities involved. Despite this, the World Bank continued to provide loans since some of its own officials were affiliated to the corrupt authorities in Cote d'Ivoire.

Analysis, Economic aspects, Political aspects, World Bank, Political corruption, Cote d'Ivoire, Resource allocation, External debts

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Government intervention in health care markets and health care outcomes: some international evidence

Article Abstract:

The issue of government association with health care is examined in light of infancy mortality rates and its ability to limit health care costs reflected in the Gross Domestic Product (GDP). A study conducted to test the feasibility of a nationally sponsored health program similar to Canada's found that increased government control over health care does not lead to an increase in the quality of service or a decrease in related costs. Alternatives are proposed to improve the quality of health care.

Influence, Medical policy, Health policy

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My experience with government forecasting

Article Abstract:

Public policy is an expansion of government power and tradition. The Republicans passed the Budget Control Act in 1974 to control the budget deficit, but it institutionalized the Keynesian fiscal theory. The first budget resolution produced a deficit path that was acceptable to the policymakers as it suggested appropriate Phillips curve tradeoffs between employment and inflation. The high deficit resulted in an economic boom and high employment but also exposed a high rate of inflation.

Management, Personal narratives, Economists

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