The transmission of US cyclical developments to - ECB
... degree of synchronisation of economic activity fluctuations in industrialised countries. The earlier works — making mostly use of the cross correlations of real activity growth rates — focussed on analysing the degree of integration between industrial economies. In general, these studies found that ...
... degree of synchronisation of economic activity fluctuations in industrialised countries. The earlier works — making mostly use of the cross correlations of real activity growth rates — focussed on analysing the degree of integration between industrial economies. In general, these studies found that ...
What explains who suffered most?
... ■ Recoveries from banking crises usually slower ■ Household financial correction has some way to go ■ Business investment likely to be slow to recover given large overhang of spare capacity in many sectors, slowing recovery in countries dependent on capital goods ■ Car sector will be adversely affec ...
... ■ Recoveries from banking crises usually slower ■ Household financial correction has some way to go ■ Business investment likely to be slow to recover given large overhang of spare capacity in many sectors, slowing recovery in countries dependent on capital goods ■ Car sector will be adversely affec ...
preliminary country paper of ethiopia on competition regime
... 2.10 Any other Policies Affecting the Level of Competition in the Market Many sectors, particularly in services and trade, are off-limits to foreign investors. The government retains control over the utilities sector and did not allow foreign participation in banking and insurance. Land cannot be pu ...
... 2.10 Any other Policies Affecting the Level of Competition in the Market Many sectors, particularly in services and trade, are off-limits to foreign investors. The government retains control over the utilities sector and did not allow foreign participation in banking and insurance. Land cannot be pu ...
Slides
... In using results on equivalence between RC and welfare to interpret in a welfare sense the observed relation between real consumption and trade in data ...
... In using results on equivalence between RC and welfare to interpret in a welfare sense the observed relation between real consumption and trade in data ...
SOUTH AFRICA AFTER APARTHEID: PROSPECTS FOR
... country. It was typical by many Latin American standards (compare to Sheahan, 1987, Part l), with a medium-sized population, a somewhat inefficient industrial base and low levels of industrial exports, high inequality and persistent poverty, and continual political change and conflict. South Africa' ...
... country. It was typical by many Latin American standards (compare to Sheahan, 1987, Part l), with a medium-sized population, a somewhat inefficient industrial base and low levels of industrial exports, high inequality and persistent poverty, and continual political change and conflict. South Africa' ...
Developing-Country Trade and US Wages
... As we have noted, the Stolper-Samuelson theorem shows that the scarcefactor group—consider this group to be unskilled labor in developed countries, for example—must lose from trade because its wages will fall by more than the decline in price of the importable good they produce. But if there is spec ...
... As we have noted, the Stolper-Samuelson theorem shows that the scarcefactor group—consider this group to be unskilled labor in developed countries, for example—must lose from trade because its wages will fall by more than the decline in price of the importable good they produce. But if there is spec ...
International Development Economics Associates (IDEAs) International Conference on
... particular, are the primary vehicle for focusing national policies on reducing poverty. Beneath this apparent consensus, there are, however, significant differences. This paper “swims against the tide”, so to speak, in arguing that such differences are healthy and should be encouraged, and, moreover ...
... particular, are the primary vehicle for focusing national policies on reducing poverty. Beneath this apparent consensus, there are, however, significant differences. This paper “swims against the tide”, so to speak, in arguing that such differences are healthy and should be encouraged, and, moreover ...
EU Economic Policy Surveillance of Member States
... The BEPGs adopted by Council added four more guidelines covering: • Pay, investment and employment • Reducing the indirect cost of labour • Active policies towards employment and • Completing the internal market • Being the first round of BEPGs, they were quite limited. In the initial years, th ...
... The BEPGs adopted by Council added four more guidelines covering: • Pay, investment and employment • Reducing the indirect cost of labour • Active policies towards employment and • Completing the internal market • Being the first round of BEPGs, they were quite limited. In the initial years, th ...
Asian Journal of Business Management 4(2): 177-185, 2012 ISSN: 2041-8752
... solution for unemployment. However, because of reduction in money wages, and ultimately lowers the cost of production at the company will increase production and employment. But if decrease wages in all of firms, ultimately aggregate demand will reduce and will arise the serious negative impact on i ...
... solution for unemployment. However, because of reduction in money wages, and ultimately lowers the cost of production at the company will increase production and employment. But if decrease wages in all of firms, ultimately aggregate demand will reduce and will arise the serious negative impact on i ...
L2_20110304
... When a country exports wheat and imports steel, the country benefits in the same way as if it has invented a technology for turning wheat into steel. • A country that eliminates trade restrictions will experience the same kind of economic growth that would occur after a major technological advance. ...
... When a country exports wheat and imports steel, the country benefits in the same way as if it has invented a technology for turning wheat into steel. • A country that eliminates trade restrictions will experience the same kind of economic growth that would occur after a major technological advance. ...
Interim Economic Outlook
... Domestic demand in the United States is set to strengthen over the next two years and expand at a solid pace, helped by gains in household wealth and a gradual upturn in energy production. Employment is rising steadily, although the pace is expected to ease somewhat, and wages should continue to pic ...
... Domestic demand in the United States is set to strengthen over the next two years and expand at a solid pace, helped by gains in household wealth and a gradual upturn in energy production. Employment is rising steadily, although the pace is expected to ease somewhat, and wages should continue to pic ...
Contents and summary observations
... Breakdown of MFN customs duties applied and bound, 2002 ................................................. 35 Investment-related conditions and benefits in Niger ................................................................ 45 Subjects and terms of protection under the Bangui Agreement (1977) and ...
... Breakdown of MFN customs duties applied and bound, 2002 ................................................. 35 Investment-related conditions and benefits in Niger ................................................................ 45 Subjects and terms of protection under the Bangui Agreement (1977) and ...
China and the world economy
... • Large differences in growth performance • Not yet a sustained recovery ...
... • Large differences in growth performance • Not yet a sustained recovery ...
Technology Spillover and Wage Inequality : A Model of Two Sets of
... stimulate the adoption of foreign ideas. The main purpose of this paper is thus to propose a theoretical framework, incorporating trade and international knowledge spillovers, that is capable of predicting the above-mentioned uncertain effects of openness on wage inequality in developing countries. ...
... stimulate the adoption of foreign ideas. The main purpose of this paper is thus to propose a theoretical framework, incorporating trade and international knowledge spillovers, that is capable of predicting the above-mentioned uncertain effects of openness on wage inequality in developing countries. ...
Borders, Common Currencies, Trade, and Welfare
... U.S. and Canadian city pairs, as well as for cross-border pairs. They also controlled for the impact of distance because they argued that the covariability of prices would be lower for cities that were farther apart. They used monthly consumer prices for 14 categories of goods and services in the co ...
... U.S. and Canadian city pairs, as well as for cross-border pairs. They also controlled for the impact of distance because they argued that the covariability of prices would be lower for cities that were farther apart. They used monthly consumer prices for 14 categories of goods and services in the co ...
Military Spending, International Trade and Economic Growth in the
... military spending as a percentage of GDP with respect to the trade percentage of GDP is -0.4. Thus, an increase in trade shares by 10% (for example from 75% to 82.5% of GDP), will decrease military spending from 3.2% of GDP to about 2% of GDP. These are large numbers and have significant effects on ...
... military spending as a percentage of GDP with respect to the trade percentage of GDP is -0.4. Thus, an increase in trade shares by 10% (for example from 75% to 82.5% of GDP), will decrease military spending from 3.2% of GDP to about 2% of GDP. These are large numbers and have significant effects on ...
Is Leontief Paradox satisfied in Foreign Trade in Iran
... largest per capita purchasers of wheat in the world, buying 3.4 million tons annually. The nation spent about US$3 billion per year on food items such as wheat, rice, meat, vegetable oil, eggs, chicken, tea, and sugar. By December 1986, Iran's imports of meat and dairy products alone exceeded the va ...
... largest per capita purchasers of wheat in the world, buying 3.4 million tons annually. The nation spent about US$3 billion per year on food items such as wheat, rice, meat, vegetable oil, eggs, chicken, tea, and sugar. By December 1986, Iran's imports of meat and dairy products alone exceeded the va ...
A Bird Eye View of International Finance (revised on January 20
... serving good purposes for the U.S. part. • Most of outcries about ‘trade deficits’ and ‘Chinese undervalued FX rates’ may be just rhetoric (al). • Real concerns of the U.S. government is the liquidity, not coming back to U.S. ...
... serving good purposes for the U.S. part. • Most of outcries about ‘trade deficits’ and ‘Chinese undervalued FX rates’ may be just rhetoric (al). • Real concerns of the U.S. government is the liquidity, not coming back to U.S. ...
Lecture Notes 1
... Yes if the country’s initial net foreign asset position is positive. For instance, because the CH is currently a net foreign creditor to the rest of the world, it can run perpetual trade balance deficits in the future. Can a Country Run a Perpetual Current Account Deficit? Yes. And this independent ...
... Yes if the country’s initial net foreign asset position is positive. For instance, because the CH is currently a net foreign creditor to the rest of the world, it can run perpetual trade balance deficits in the future. Can a Country Run a Perpetual Current Account Deficit? Yes. And this independent ...
Better Sharing: Bigger Pie Planning and Budgeting for Inclusive
... in Support of the MDGs Bangkok, Thailand 13-15 June 2012 ...
... in Support of the MDGs Bangkok, Thailand 13-15 June 2012 ...
PDF
... products. U.S. cotton is also expected to experience higher demand from Vietnam for its textile sector (Fergusson et al., 2013). Also, with Canada and Mexico’s participation, the U.S intends to improve its dairy and poultry products access to the restricted Canadian market and also address ongoing ...
... products. U.S. cotton is also expected to experience higher demand from Vietnam for its textile sector (Fergusson et al., 2013). Also, with Canada and Mexico’s participation, the U.S intends to improve its dairy and poultry products access to the restricted Canadian market and also address ongoing ...
PDF
... accumulation process described by Kalecki. In economic structures where accumulation is important, agricultural price policy will not stimulate growth unless it generates a favourable investment climate in the key growth sector. Thus we can look at the question of growth driven by demand, since poli ...
... accumulation process described by Kalecki. In economic structures where accumulation is important, agricultural price policy will not stimulate growth unless it generates a favourable investment climate in the key growth sector. Thus we can look at the question of growth driven by demand, since poli ...
presentation made by Peter Havlik
... ACs will face labour market shortages due to low birth rates and aging populations ...
... ACs will face labour market shortages due to low birth rates and aging populations ...
Relative supply and relative demand The terms of trade and welfare
... The standard trade model predicts that importbiased growth in China reduces the U.S. terms of trade and the standard of living in the U.S. ◦ Import-biased growth for China would occur in sectors that compete with U.S. exports. ...
... The standard trade model predicts that importbiased growth in China reduces the U.S. terms of trade and the standard of living in the U.S. ◦ Import-biased growth for China would occur in sectors that compete with U.S. exports. ...
The Effect of Trade Networks on Environmental Degradation: A
... export different products and therefore do not compete with each other. In the latter, two countries exporting similar products might target different overseas markets. Here again, they cannot be termed as competitors who are likely to respond strategically to each others’ policies. Thus, a compell ...
... export different products and therefore do not compete with each other. In the latter, two countries exporting similar products might target different overseas markets. Here again, they cannot be termed as competitors who are likely to respond strategically to each others’ policies. Thus, a compell ...