PDF Download
... assistance. We gratefully acknowledge financial support from the VolkswagenStiftung under its grant initiative Global Structures and Their Governance. Ekholm gratefully acknowledges financial support from the Swedish Research Foundation. ...
... assistance. We gratefully acknowledge financial support from the VolkswagenStiftung under its grant initiative Global Structures and Their Governance. Ekholm gratefully acknowledges financial support from the Swedish Research Foundation. ...
The State of Public Finances: Outlook and Medium-Term Policies
... potentially significant risks for public accounts over the next few years. While fiscal balances are expected to improve over the medium term, they will remain weaker than before the crisis. Public debt-to-GDP ratios will continue to increase over the medium term: in 2014 the G-20 advanced country a ...
... potentially significant risks for public accounts over the next few years. While fiscal balances are expected to improve over the medium term, they will remain weaker than before the crisis. Public debt-to-GDP ratios will continue to increase over the medium term: in 2014 the G-20 advanced country a ...
Free Trade Agreements and the SADC Economies
... trade with African countries in an effort to stimulate economic growth in the region. The proposal extends other programs such as the Lome Accords by which developed countries open their markets to products from developing countries. In addition to participating in regional trade agreements, countri ...
... trade with African countries in an effort to stimulate economic growth in the region. The proposal extends other programs such as the Lome Accords by which developed countries open their markets to products from developing countries. In addition to participating in regional trade agreements, countri ...
How Important is Technology Capital?
... a standard general competitive analysis applies. Depending on country openness, technology capital can be also replicated abroad through foreign direct investment. The model thus offers a promising new mechanism through which (more or less open) economies interact. However, in order to develop sensib ...
... a standard general competitive analysis applies. Depending on country openness, technology capital can be also replicated abroad through foreign direct investment. The model thus offers a promising new mechanism through which (more or less open) economies interact. However, in order to develop sensib ...
A Contribution to the Chronology of Turning Points in Global
... that renewed interest followed the financial recession of 2007-08. As economies have become more integrated since the 1980s, interest in international business cycles also has increased. However, global recessions are by no means a new phenomenon. Jorda, Schularick, and Taylor (2011) document no les ...
... that renewed interest followed the financial recession of 2007-08. As economies have become more integrated since the 1980s, interest in international business cycles also has increased. However, global recessions are by no means a new phenomenon. Jorda, Schularick, and Taylor (2011) document no les ...
the paper - Brad DeLong`s Website
... used to identify the “treatment e¤ect”. Our data overcome this problem and yet we still …nd a statistically signi…cant, economically large and largely robust association between currency unions, regime coordination and trade. Using a gravity equation, we explain up to 70 percent of the variance in t ...
... used to identify the “treatment e¤ect”. Our data overcome this problem and yet we still …nd a statistically signi…cant, economically large and largely robust association between currency unions, regime coordination and trade. Using a gravity equation, we explain up to 70 percent of the variance in t ...
PDF
... this regulation is to have a more open market for banana imports. The share of the tariffrate quota reserved for the “newcomers“ will be increased to 8%, up from 3.5% under present import policy (Directorate General for Trade, 1998). Some members of the EU, such as France, Spain, and Portugal, are s ...
... this regulation is to have a more open market for banana imports. The share of the tariffrate quota reserved for the “newcomers“ will be increased to 8%, up from 3.5% under present import policy (Directorate General for Trade, 1998). Some members of the EU, such as France, Spain, and Portugal, are s ...
NBER WORKING PAPER SERIES DEMOGRAPHICS IN DYNAMIC HECKSCHER-OHLIN MODELS:
... equilibrium cycle. In the overlapping generations environment, we show using examples that there may exist equilibrium cycles in which factor prices are not equalized. The paper develops a methodology for constructing two-country, two-sector overlapping generations models from closed one- and two-s ...
... equilibrium cycle. In the overlapping generations environment, we show using examples that there may exist equilibrium cycles in which factor prices are not equalized. The paper develops a methodology for constructing two-country, two-sector overlapping generations models from closed one- and two-s ...
PDF Full-text
... the stock of capital for developmental growth. This notion was to some extent in consistent with Ndikumana and Verick (2007) [29] who found out, using a fixed-effect estimator, that FDI is higher in countries where both private and public investment ratios are higher with a strong correlation betwee ...
... the stock of capital for developmental growth. This notion was to some extent in consistent with Ndikumana and Verick (2007) [29] who found out, using a fixed-effect estimator, that FDI is higher in countries where both private and public investment ratios are higher with a strong correlation betwee ...
The next production revolution
... Production in OECD economies today is no longer just about manufacturing. While manufacturing still matters and occupies a central role in OECD economies by orchestrating GVCs across different countries, industries and products, value creation in OECD production increasingly stems from preand post- ...
... Production in OECD economies today is no longer just about manufacturing. While manufacturing still matters and occupies a central role in OECD economies by orchestrating GVCs across different countries, industries and products, value creation in OECD production increasingly stems from preand post- ...
the Case of a Small Open Economy
... This asymmetry is a characteristic of the present phase of globalization, since it was not manifested in the XIX and early XX centuries (a period characterized by large mobility of both capital and labor) nor in the first twenty five years following the Second World War (a period in which both facto ...
... This asymmetry is a characteristic of the present phase of globalization, since it was not manifested in the XIX and early XX centuries (a period characterized by large mobility of both capital and labor) nor in the first twenty five years following the Second World War (a period in which both facto ...
Integrating Developing Countries into the Global Public
... It is because of the volume and value that public sector procurement represents a vital segment of the economy (Maza and Camblor 1999). They further indicate that due to governments’ informal and legislative policies of ‘buy national’ governments have generally tended to give large contracts to nati ...
... It is because of the volume and value that public sector procurement represents a vital segment of the economy (Maza and Camblor 1999). They further indicate that due to governments’ informal and legislative policies of ‘buy national’ governments have generally tended to give large contracts to nati ...
Intercultural Communication and Global Democracy: A Deweyan
... rules with means for redress in the event of perceived deviance, and the advocacy of nonviolence as a core value with respect to security and development policy” (p. 328). The above normative prescriptions have set beautiful goals for global democracy; the remaining question is: how can we get there ...
... rules with means for redress in the event of perceived deviance, and the advocacy of nonviolence as a core value with respect to security and development policy” (p. 328). The above normative prescriptions have set beautiful goals for global democracy; the remaining question is: how can we get there ...
A Development-focused Allocation of the Special Drawing Rights
... increase in the world stock of monetary reserves from time to time without making countries run surpluses or deficits. Indeed the idea behind the SDR is that large imbalances force countries to incur costs in earning or borrowing reserves, and this should be contained with the IMF allocation of SDR. ...
... increase in the world stock of monetary reserves from time to time without making countries run surpluses or deficits. Indeed the idea behind the SDR is that large imbalances force countries to incur costs in earning or borrowing reserves, and this should be contained with the IMF allocation of SDR. ...
NBER WORKING PAPER SERIES Brian R. Copeland M. Scott Taylor
... cap emissions, it is expected that any agreement to reduce emissions will be undermined by the free rider problem as those countries outside the agreement increase their emissions in response to the cutbacks of others. These principles are not controversial because they follow quite naturally from w ...
... cap emissions, it is expected that any agreement to reduce emissions will be undermined by the free rider problem as those countries outside the agreement increase their emissions in response to the cutbacks of others. These principles are not controversial because they follow quite naturally from w ...
ENLIGHTENMENT, THE - The Europe Center
... But seen on a global level, another stream of no less importance was related to nonWestern notions of Enlightenment, mainly to experiential religious and spiritual currents, for example in the Buddhist and Hinduist civilizations, within non-Western mysticism and in ancient and contemporary natural r ...
... But seen on a global level, another stream of no less importance was related to nonWestern notions of Enlightenment, mainly to experiential religious and spiritual currents, for example in the Buddhist and Hinduist civilizations, within non-Western mysticism and in ancient and contemporary natural r ...
PDF
... demand and supply functions U.S. soybeans. Ligeon, Jolly and Jackson (1996) used the traditional import demand function to evaluate the effect of increased exports from North American Free Trade Agreement (NAFTA) member countries on U.S. domestic catfish industry. Asche et al (2005) studied the swor ...
... demand and supply functions U.S. soybeans. Ligeon, Jolly and Jackson (1996) used the traditional import demand function to evaluate the effect of increased exports from North American Free Trade Agreement (NAFTA) member countries on U.S. domestic catfish industry. Asche et al (2005) studied the swor ...
Primary-Export-Led Growth: The Evidence of Ghana
... the very strong booms that are a feature of growth in staple economies (Grant and Watkins (1993)). We can state the staple theory in the form of a disaggregated multiplier-accelerator mechanism. The domestic investment resulting from the increased activity of the export sector can be disaggregated i ...
... the very strong booms that are a feature of growth in staple economies (Grant and Watkins (1993)). We can state the staple theory in the form of a disaggregated multiplier-accelerator mechanism. The domestic investment resulting from the increased activity of the export sector can be disaggregated i ...
Brand Promotion - Southern United States Trade Association
... “Middle Class” Outside the U.S. Expected to Double by 2020 – To 1 Billion Households Worldwide food consumption will be impacted Foreign households w/real PPP incomes greater than $20,000 a year ...
... “Middle Class” Outside the U.S. Expected to Double by 2020 – To 1 Billion Households Worldwide food consumption will be impacted Foreign households w/real PPP incomes greater than $20,000 a year ...
Avoiding the Trap: The Dynamic Interaction of North
... investment, migration, patent citations, scientific literature, communication and information technologies and so forth - this paper focuses on international capital movements or in other words foreign direct investment (FDI). Capital flows jointly with embodied technologies to recipient countries, ...
... investment, migration, patent citations, scientific literature, communication and information technologies and so forth - this paper focuses on international capital movements or in other words foreign direct investment (FDI). Capital flows jointly with embodied technologies to recipient countries, ...
Negotiating Proposal on Export Taxes
... a) they are necessary, in conjunction with domestic measures, to maintain financial stability, to satisfy fiscal needs, or to facilitate economic diversification and avoid excessive dependence on the export of primary products; and b) they do not adversely affect international trade by limiting the ...
... a) they are necessary, in conjunction with domestic measures, to maintain financial stability, to satisfy fiscal needs, or to facilitate economic diversification and avoid excessive dependence on the export of primary products; and b) they do not adversely affect international trade by limiting the ...
Benefits and Spillovers of Greater Competition in Europe
... where the calibration of the latter is based on the United States — is used to explore how altering domestic competition in labor and product markets affects performance at home and abroad across a wide range of elasticities/markups and other key parameters in the model. Empirical estimates of euro ...
... where the calibration of the latter is based on the United States — is used to explore how altering domestic competition in labor and product markets affects performance at home and abroad across a wide range of elasticities/markups and other key parameters in the model. Empirical estimates of euro ...
Impact of Migration on Income Levels in Advanced Economies
... migrants in the adult population (the average annual increase is 0.2 percentage point) can raise GDP per capita by up to 2 percent in the longer run. This effect comes mainly through labor productivity and to a lesser extent through an increase in the ratio of working-age to total population. While ...
... migrants in the adult population (the average annual increase is 0.2 percentage point) can raise GDP per capita by up to 2 percent in the longer run. This effect comes mainly through labor productivity and to a lesser extent through an increase in the ratio of working-age to total population. While ...
Document
... • Its supply is vertical since the American labor force is assumed fixed and fully employed. • After the production shock, if world real incomes increase, this would ship the aggregate demand curve to the right (income ...
... • Its supply is vertical since the American labor force is assumed fixed and fully employed. • After the production shock, if world real incomes increase, this would ship the aggregate demand curve to the right (income ...