The Golden Age of European growth reconsidered
... and Sachs ). The oil shocks have faded into history while remaining the most popular candidates for causing the end of the Golden Age. Characteristics of the labour market continue to be active topics in the explanation of European economic difficulties. The focus on supply conditions led to new ...
... and Sachs ). The oil shocks have faded into history while remaining the most popular candidates for causing the end of the Golden Age. Characteristics of the labour market continue to be active topics in the explanation of European economic difficulties. The focus on supply conditions led to new ...
GEOG3650 - Department of Geography, HKU
... The MNC is a company that is headquartered in one country but controls productive facilities and sales outlets in other countries. Its operations involve flows of capital, goods, services, and managerial and technical personnel among its subsidiaries. Ultimately, it leads the corporations to assum ...
... The MNC is a company that is headquartered in one country but controls productive facilities and sales outlets in other countries. Its operations involve flows of capital, goods, services, and managerial and technical personnel among its subsidiaries. Ultimately, it leads the corporations to assum ...
IGC Policy Note: Special Economic Zones for MyanmarWe are most
... comparable to Myanmar but all other countries’ exports in the region are about half less concentrated than Myanmar. Note that for Bangladesh, Cambodia, China, Thailand and Vietnam, their most important export is a manufactured product. It is not surprising that a country with large endowment of natu ...
... comparable to Myanmar but all other countries’ exports in the region are about half less concentrated than Myanmar. Note that for Bangladesh, Cambodia, China, Thailand and Vietnam, their most important export is a manufactured product. It is not surprising that a country with large endowment of natu ...
Study questions for Macroeconomics
... "productivity." According to Mankiw, why is productivity so important? For what fundamental reason do economists tend to favor markets? Critique, as we did in class, the idea that voluntary exchange always is mutually beneficial, and thereby makes society better off. According to Mankiw, "[internati ...
... "productivity." According to Mankiw, why is productivity so important? For what fundamental reason do economists tend to favor markets? Critique, as we did in class, the idea that voluntary exchange always is mutually beneficial, and thereby makes society better off. According to Mankiw, "[internati ...
S0600631_en.pdf
... Total 29 Western Europe countries Total Western Offshoots - of which United States Total Former USSR Total 16 East Asian countries Total 15 West Asian countries ...
... Total 29 Western Europe countries Total Western Offshoots - of which United States Total Former USSR Total 16 East Asian countries Total 15 West Asian countries ...
the paper in PDF format
... resurgence of interest on the impact of financial market integration on both emerging and developing economies. While there might be some short-run side effects, it has been argued that in the long-run financial integration by encouraging financial development can provide a boost to the economy.1 Fi ...
... resurgence of interest on the impact of financial market integration on both emerging and developing economies. While there might be some short-run side effects, it has been argued that in the long-run financial integration by encouraging financial development can provide a boost to the economy.1 Fi ...
Thirlwall`s Law and the Long-Term Equilibrium Growth Rate: an
... about to reach their thirtieth anniversary. In spite of its vintage, the models remain remarkably popular. In the last decade a new wave of applications, particularly for developing countries, could be seen reflecting both the contemporaneity of the law as well as new developments of the theory to e ...
... about to reach their thirtieth anniversary. In spite of its vintage, the models remain remarkably popular. In the last decade a new wave of applications, particularly for developing countries, could be seen reflecting both the contemporaneity of the law as well as new developments of the theory to e ...
Normalization of Economic Relations
... sanctions in forcing political change is controversial. In economic terms, however, both sides lose from the geopolitical standoff. This study quantifies the consequences for Iran’s economy and trade of normalizing its economic relations with the United States and the Western Allies -- without attem ...
... sanctions in forcing political change is controversial. In economic terms, however, both sides lose from the geopolitical standoff. This study quantifies the consequences for Iran’s economy and trade of normalizing its economic relations with the United States and the Western Allies -- without attem ...
HustedMelvin_c10
... • This strategy would encourage more intensive use of existing or abundant resources. • It could help attract foreign investment. ...
... • This strategy would encourage more intensive use of existing or abundant resources. • It could help attract foreign investment. ...
HustedMelvin_c10
... • This strategy would encourage more intensive use of existing or abundant resources. • It could help attract foreign investment. ...
... • This strategy would encourage more intensive use of existing or abundant resources. • It could help attract foreign investment. ...
Internationalized Production in a Small Open Economy Aur´ elien Eyquem G¨
... Recently the New Keynesian synthesis models have been extensively applied to the study of monetary policy in small open economies.1 These models, enriched with many frictions (habit in consumption, price and wage indexation), also became the workhorse of empirical studies. Most of these models assum ...
... Recently the New Keynesian synthesis models have been extensively applied to the study of monetary policy in small open economies.1 These models, enriched with many frictions (habit in consumption, price and wage indexation), also became the workhorse of empirical studies. Most of these models assum ...
Diversification through Trade
... the early 1970s have a¤ected GDP volatility.2 The quantitative exercise uses as inputs the stochastic properties of country-speci…c sectoral productivity shocks, which we back out from the model on the basis of sector-level data on gross output, value added, and bilateral trade ‡ows data. To assess ...
... the early 1970s have a¤ected GDP volatility.2 The quantitative exercise uses as inputs the stochastic properties of country-speci…c sectoral productivity shocks, which we back out from the model on the basis of sector-level data on gross output, value added, and bilateral trade ‡ows data. To assess ...
M.A Economics - Himachal Pradesh University
... Micro Foundations of Macro Economics. The basic classical model of income and employment determination. The basic keynesion model ; equilibrium in product and money markets. Multiplier process and the different concepts of multiplier ; balanced budget theorem. Macro Economic Theories of Consumption ...
... Micro Foundations of Macro Economics. The basic classical model of income and employment determination. The basic keynesion model ; equilibrium in product and money markets. Multiplier process and the different concepts of multiplier ; balanced budget theorem. Macro Economic Theories of Consumption ...
India in the World Economy: Traditional Specialisations and
... share of India’s exports in world trade dropped from 1.9% to 0.6% from 1950 to 1973 (Maddison, 2001). During the seventies and the eighties, as several Asian developing economies entered a catch up process and began to play an increasing part in international trade and capital flows, India was consi ...
... share of India’s exports in world trade dropped from 1.9% to 0.6% from 1950 to 1973 (Maddison, 2001). During the seventies and the eighties, as several Asian developing economies entered a catch up process and began to play an increasing part in international trade and capital flows, India was consi ...
Chapter 10, 7th edition
... Advantages of Primary Export-led Development Strategy • This strategy would encourage more intensive use of existing or abundant resources (vent for surplus) • It could help attract foreign investment. ...
... Advantages of Primary Export-led Development Strategy • This strategy would encourage more intensive use of existing or abundant resources (vent for surplus) • It could help attract foreign investment. ...
Openness and economic volatility
... to show that openness may actually not be good for growth. The author shows through his estimation that trade barriers are positively and significantly associated with growth, especially for developing countries. Some authors, however, refer to the downside of trade openness in the short run, due to ...
... to show that openness may actually not be good for growth. The author shows through his estimation that trade barriers are positively and significantly associated with growth, especially for developing countries. Some authors, however, refer to the downside of trade openness in the short run, due to ...
Briefing Paper 10
... Directorate-General for Trade, regularly uses commissioned studies demonstrating the positive effects of trade liberalization in order to support its proposals to initiate new negotiations on FTAs. With regard to TTIP, for instance, Trade Commissioner Karel de Gucht frequently refers to a study cond ...
... Directorate-General for Trade, regularly uses commissioned studies demonstrating the positive effects of trade liberalization in order to support its proposals to initiate new negotiations on FTAs. With regard to TTIP, for instance, Trade Commissioner Karel de Gucht frequently refers to a study cond ...
This PDF is a selection from a published volume from... of Economic Research
... debt for a sample of OECD countries. It also shows the remaining increase in gross debt, which is unaccounted for by our measures for discretionary fiscal policy. It provides a measure for the automatic deterioration of public finances during the crisis (which, in turn, captures the decline in revenue ...
... debt for a sample of OECD countries. It also shows the remaining increase in gross debt, which is unaccounted for by our measures for discretionary fiscal policy. It provides a measure for the automatic deterioration of public finances during the crisis (which, in turn, captures the decline in revenue ...
A Macroeconomic Model of a Centrally Planned Economy with
... economic policy are relatively good for Hungary (compared to the Sovie t Union and the other Eastern European economies) ; consequently they provid e a good test of the approach under relatively favorable conditions . HEM-1 is a small annual model [21 equations] which highlights major inter connecti ...
... economic policy are relatively good for Hungary (compared to the Sovie t Union and the other Eastern European economies) ; consequently they provid e a good test of the approach under relatively favorable conditions . HEM-1 is a small annual model [21 equations] which highlights major inter connecti ...
research paper series Research Paper 2015/08 Inequality and Trade: A Behavioral-Economics Perspective
... expenditure on food is likely to decline whereas that on non-food items is likely to increase. Based on this idea, they argue that if there are two countries with one country being more unequal than the other in terms of income distribution, all else equal, then the demand for food would be lower in ...
... expenditure on food is likely to decline whereas that on non-food items is likely to increase. Based on this idea, they argue that if there are two countries with one country being more unequal than the other in terms of income distribution, all else equal, then the demand for food would be lower in ...
Section 2 Globalization and Japan`s economy As mentioned in
... products and production factors becomes more active. As Japan has long been a trading nation and now faces a declining population, it is indispensable for the country to continue to extend cooperation with Europe and the United States, other Asian countries, etc., and actively introduce favorable fa ...
... products and production factors becomes more active. As Japan has long been a trading nation and now faces a declining population, it is indispensable for the country to continue to extend cooperation with Europe and the United States, other Asian countries, etc., and actively introduce favorable fa ...
6 Trade Policy Developments
... 1.1. UAE enjoys a sustainable and diversified economy, flexible in adopting new economic models, and capitalizing on global economic partnerships to guarantee long-term prosperity for current and future generations. Thus, to sustain its drive toward economic diversification, as this is the nation’s ...
... 1.1. UAE enjoys a sustainable and diversified economy, flexible in adopting new economic models, and capitalizing on global economic partnerships to guarantee long-term prosperity for current and future generations. Thus, to sustain its drive toward economic diversification, as this is the nation’s ...
The Factors Affecting Trade Balance in Vietnam
... balance in Vietnam. According to the result, there are some recommendations to solve the trade deficits problem in Vietnam. Namely, nowadays Vietnam must import 70% oil and gas in the outside. The government should have the policy to control the demand of oil in the domestic by using the other energ ...
... balance in Vietnam. According to the result, there are some recommendations to solve the trade deficits problem in Vietnam. Namely, nowadays Vietnam must import 70% oil and gas in the outside. The government should have the policy to control the demand of oil in the domestic by using the other energ ...
aj-vyproty
... The main difference between a company and other legal forms of enterprise is the limited liability of the companies´ partners or shareholders. In the Commercial Code companies are referred to as commercial companies or business companies. A company is founded when its Articles of association has bee ...
... The main difference between a company and other legal forms of enterprise is the limited liability of the companies´ partners or shareholders. In the Commercial Code companies are referred to as commercial companies or business companies. A company is founded when its Articles of association has bee ...
Advanced Placement Macroeconomics
... A. Economic Growth around the World Sustained period during which a nation’s total output of goods and services increases. Lesson 58: Study of Long-Run Growth Lesson 59: Real GDP per person Analysis B. Productivity: Its Role and Determinants Degree to which productive resources are used efficiently; ...
... A. Economic Growth around the World Sustained period during which a nation’s total output of goods and services increases. Lesson 58: Study of Long-Run Growth Lesson 59: Real GDP per person Analysis B. Productivity: Its Role and Determinants Degree to which productive resources are used efficiently; ...