Transfer Problem Dynamics: Macroeconomics of the Franco
... Second, as we have noted, transfers play an important role in economic history. The Franco-Prussian War indemnity was blamed by popular historians for everything from the German stock market crash of 1873 to slow population growth in France. Since transfers generally followed wars, identifying the e ...
... Second, as we have noted, transfers play an important role in economic history. The Franco-Prussian War indemnity was blamed by popular historians for everything from the German stock market crash of 1873 to slow population growth in France. Since transfers generally followed wars, identifying the e ...
Transfer Problem Dynamics: Macroeconomics of the Franco
... fer problem has been theoretical, and set in the context of simple, static models of international trade. Many studies focus on relatively narrow, qualitative questions regarding the impact of the transfer on welfare of the donor or the recipient. Since the traditional models tend to ignore many ch ...
... fer problem has been theoretical, and set in the context of simple, static models of international trade. Many studies focus on relatively narrow, qualitative questions regarding the impact of the transfer on welfare of the donor or the recipient. Since the traditional models tend to ignore many ch ...
Post-Communist Economic Integration : Belarus, Kazakhstan, and
... exports from the former USSR had significant competitive disadvantages even despite relatively low average tariffs of 5 to 7% (Ibid). In addition, there were important nontariff impediments, especially prevalent for food products, leather, textiles, and ferrous metals. For example, Ukraine faced non ...
... exports from the former USSR had significant competitive disadvantages even despite relatively low average tariffs of 5 to 7% (Ibid). In addition, there were important nontariff impediments, especially prevalent for food products, leather, textiles, and ferrous metals. For example, Ukraine faced non ...
Trade and the Global Recession - The University of Chicago Booth
... demand for nondurable manufactures (also highly traded) shifted expenditures toward services, which are not traded. Higher trade frictions in a few large countries, such as China and the United States, led them to source a larger share of their traded goods domestically. Productivity in nontraded se ...
... demand for nondurable manufactures (also highly traded) shifted expenditures toward services, which are not traded. Higher trade frictions in a few large countries, such as China and the United States, led them to source a larger share of their traded goods domestically. Productivity in nontraded se ...
Reform of APEC - The Australian APEC Study Centre
... reasonable target. Accepting the reality that no target for full liberalization is ever fully implemented, it is feasible that by 2020, APEC economies will be close to removing most barriers to trade and investment1. The average rate of liberalization by APEC economies in the previous two decades, i ...
... reasonable target. Accepting the reality that no target for full liberalization is ever fully implemented, it is feasible that by 2020, APEC economies will be close to removing most barriers to trade and investment1. The average rate of liberalization by APEC economies in the previous two decades, i ...
Introduction
... capacity), in which TNCs were once again winners. A phenomenon called “asset stripping” is a clear example of what many foreign investments did within the host countries in cases such as the acquisition of Aerolineas Argentina made by IBERIA, where Spain took all the credit of the firm and gave bac ...
... capacity), in which TNCs were once again winners. A phenomenon called “asset stripping” is a clear example of what many foreign investments did within the host countries in cases such as the acquisition of Aerolineas Argentina made by IBERIA, where Spain took all the credit of the firm and gave bac ...
S05931_en.pdf
... exchange earnings and growth. Taking a demand-oriented demand approach and assuming that demand constraints bite before the supply constraints do, exports can promote growth for three reasons: First, they are the only autonomous component of demand that is determined from outside the system. Second, ...
... exchange earnings and growth. Taking a demand-oriented demand approach and assuming that demand constraints bite before the supply constraints do, exports can promote growth for three reasons: First, they are the only autonomous component of demand that is determined from outside the system. Second, ...
Tropical Economic Miracles Milagros económicos tropicales
... tries became economic miracles? Is there any path to follow or are there a set of circumstances that would make of each case a very singular outcome? If those economic miracles within the tropics happen to be “black swans” (Taleb, 2008), generalizations from their experiences would be impossible; ne ...
... tries became economic miracles? Is there any path to follow or are there a set of circumstances that would make of each case a very singular outcome? If those economic miracles within the tropics happen to be “black swans” (Taleb, 2008), generalizations from their experiences would be impossible; ne ...
the CSRI report
... Specifically, the Smoot-Hawley Tariff Act (1930) in the USA was a decisive move in this direction, raising tariffs on imported goods to record levels. Protests from trading partners were rejected by the administration in the USA, eventually leading to the forging of other economic and trade ties as ...
... Specifically, the Smoot-Hawley Tariff Act (1930) in the USA was a decisive move in this direction, raising tariffs on imported goods to record levels. Protests from trading partners were rejected by the administration in the USA, eventually leading to the forging of other economic and trade ties as ...
Chinese Imports: What`s Behind the Slowdown?
... public investment and exports, with growth gradually slowing to a more sustainable pace. While this slower growth is a desirable outcome that is good for both China and the world in the long run, it may result in lower import demand as the import intensity of consumption is relatively lower than inv ...
... public investment and exports, with growth gradually slowing to a more sustainable pace. While this slower growth is a desirable outcome that is good for both China and the world in the long run, it may result in lower import demand as the import intensity of consumption is relatively lower than inv ...
The Global Economic Environment
... change, so do the prices of exports and imports. Countries whose exchange rates are depreciating will find their exports becoming more price competitive and their imports relatively more expensive. If a seller of products or services expects payment for exports in any denomination other than their h ...
... change, so do the prices of exports and imports. Countries whose exchange rates are depreciating will find their exports becoming more price competitive and their imports relatively more expensive. If a seller of products or services expects payment for exports in any denomination other than their h ...
Theories of Economic Integration: A Survey of the
... trade diversion is considered the "bad thing" in terms of economic welfare. However, as Lipsey (1957, p.40-41) argues this must not be the case, as economic welfare includes both production and consumption effects. The Viner analysis has concentrated on the production side only, neglecting the consu ...
... trade diversion is considered the "bad thing" in terms of economic welfare. However, as Lipsey (1957, p.40-41) argues this must not be the case, as economic welfare includes both production and consumption effects. The Viner analysis has concentrated on the production side only, neglecting the consu ...
Structural Change in an Open Economy
... Mountford (2008), Stefanski (2012), and Ungor (2012). Coleman (2007) uses a multi-country HeckscherOhlin-Ricardo framework to study the effect of a large emerging market country on other countries’ GDPs and welfare. Galor and Mountford (2008) study the effect of trade on fertility and population gro ...
... Mountford (2008), Stefanski (2012), and Ungor (2012). Coleman (2007) uses a multi-country HeckscherOhlin-Ricardo framework to study the effect of a large emerging market country on other countries’ GDPs and welfare. Galor and Mountford (2008) study the effect of trade on fertility and population gro ...
Oligopolistic Manufacturing and Economic Reform in Four Archetype
... mineral resources are sector-specific in all lengths of run. Domestically-owned capital is fixed in quantity, so that changes in the domestic capital stock affect the level of income repatriated abroad and hence they have implications for the balance of payments. But, depending on the closure chosen ...
... mineral resources are sector-specific in all lengths of run. Domestically-owned capital is fixed in quantity, so that changes in the domestic capital stock affect the level of income repatriated abroad and hence they have implications for the balance of payments. But, depending on the closure chosen ...
View/Open
... period. However, due to economic success, this process was hastened, ending in 1968 instead. Additionally, imports from third countries were forced to endure a common Note: The authors would like to acknowledge the research assistance of Gerard Boodram and ...
... period. However, due to economic success, this process was hastened, ending in 1968 instead. Additionally, imports from third countries were forced to endure a common Note: The authors would like to acknowledge the research assistance of Gerard Boodram and ...
... abatement costs are a significant determinant of trade flows. There is, however, evidence that increases in income will, after a point, lead to lower concentrations of some pollutants. But the role that trade plays in this process is not entirely clear. Finally, there is some evidence that the compo ...
GCE Getting Started - Edexcel
... progression to undergraduate study could be improved. We have commissioned and conducted our own research projects, including international benchmarking. The specifications are also aligned with our World Class Qualification principles to ensure they are appropriate for a range of learners. Drawing ...
... progression to undergraduate study could be improved. We have commissioned and conducted our own research projects, including international benchmarking. The specifications are also aligned with our World Class Qualification principles to ensure they are appropriate for a range of learners. Drawing ...
Vietnam in APEC: Changes in Trade Patterns after the Open Door
... formulate concrete plans for trade liberalization in the future. Though APEC’s trade liberalization program works on a voluntary basis, every member has to submit its Individual Action Plans (IAPs) every year to report on its progress and show future plans for trade and investment liberalization and ...
... formulate concrete plans for trade liberalization in the future. Though APEC’s trade liberalization program works on a voluntary basis, every member has to submit its Individual Action Plans (IAPs) every year to report on its progress and show future plans for trade and investment liberalization and ...
Quantifying Australias Three Speed Boom
... between commodity booms and busts. It has therefore been forced to cope repeatedly with structural adjustments associated with the resource movement effects and de-industrialisation. Battellino (2010) reviews the five major mining booms in Australia since the 1850’s: the gold rush, the late 19th cen ...
... between commodity booms and busts. It has therefore been forced to cope repeatedly with structural adjustments associated with the resource movement effects and de-industrialisation. Battellino (2010) reviews the five major mining booms in Australia since the 1850’s: the gold rush, the late 19th cen ...
Globalization
... converging, and national economies are merging into an integrated, interdependent global economic system. As companies from Japan and emerging markets like China play a more vital role in the world economy, the dominance of companies from the United States and Western Europe has diminished. Signific ...
... converging, and national economies are merging into an integrated, interdependent global economic system. As companies from Japan and emerging markets like China play a more vital role in the world economy, the dominance of companies from the United States and Western Europe has diminished. Signific ...
Employment Growth in North America since NAFTA: What Has Changed
... United States begun its recovery in mid-1993. The GDP growth was up almost consistently, stimulated by the recovery in household consumption. In 1997 real GDP increased by 3.9 percent, the highest annual rate since 1984. In 1998, the impact of the economic crisis in a number of Asian countries had a ...
... United States begun its recovery in mid-1993. The GDP growth was up almost consistently, stimulated by the recovery in household consumption. In 1997 real GDP increased by 3.9 percent, the highest annual rate since 1984. In 1998, the impact of the economic crisis in a number of Asian countries had a ...
International Competitiveness
... to establish the links between the growth and balance-of-payments position of an open economy and factors influencing this process. Even if there exist many measures of the international competitiveness of a country, 1 by far the most popular and influential is 'growth in relative unit labour costs' ...
... to establish the links between the growth and balance-of-payments position of an open economy and factors influencing this process. Even if there exist many measures of the international competitiveness of a country, 1 by far the most popular and influential is 'growth in relative unit labour costs' ...
Asymmetric Effects of Trade and FDI: South America versus Europe
... from BMP while in Italy most of the gains come from MP itself (not from BMP). To assess the role played by BMP, in the second experiment I compare the losses of going to autarky in the calibrated model economies with the losses in a world in which BMP is not allowed. I find that BMP is more importan ...
... from BMP while in Italy most of the gains come from MP itself (not from BMP). To assess the role played by BMP, in the second experiment I compare the losses of going to autarky in the calibrated model economies with the losses in a world in which BMP is not allowed. I find that BMP is more importan ...
- ePub WU - Wirtschaftsuniversität Wien
... When I started to write this doctoral thesis, I could not foresee that it would take me approximately five years to conclude it. Obviously, the objective of making a trade policy recommendation for developing countries based on rigorous economic theory proved to be a more wide-ranging and harder to ...
... When I started to write this doctoral thesis, I could not foresee that it would take me approximately five years to conclude it. Obviously, the objective of making a trade policy recommendation for developing countries based on rigorous economic theory proved to be a more wide-ranging and harder to ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... growth. The effects of other pertinent factors, such as fixed investment and volume of exports are also analyzed. The features of this study are the following. The first concerns the data set. Most empirical studies in endogenous growth use cross-country macroaggregate data; as such, they seldom con ...
... growth. The effects of other pertinent factors, such as fixed investment and volume of exports are also analyzed. The features of this study are the following. The first concerns the data set. Most empirical studies in endogenous growth use cross-country macroaggregate data; as such, they seldom con ...