By Dr. Dave Seerattan Research Fellow Caribbean Centre for
... policy objective in all countries, especially those where growth has been muted for some time. In any case, all the stakeholders recognise that there can be no long-term solution to the fiscal and debt problems in the region if growth remains muted. The national authorities have in most cases agreed ...
... policy objective in all countries, especially those where growth has been muted for some time. In any case, all the stakeholders recognise that there can be no long-term solution to the fiscal and debt problems in the region if growth remains muted. The national authorities have in most cases agreed ...
The Challenges of Capital Inflows Including Aid
... openness based on a 1 (controlled) to 0 (liberalized) classification They show a trend toward greater financial openness during the 1990s But these measures provide only rough indications because they do not measure the intensity or effectiveness of capital controls (de jure versus de facto meas ...
... openness based on a 1 (controlled) to 0 (liberalized) classification They show a trend toward greater financial openness during the 1990s But these measures provide only rough indications because they do not measure the intensity or effectiveness of capital controls (de jure versus de facto meas ...
question above all questions for serbia in 2016 is the
... while arranging public companies left for the next two years, as a far more difficult job. According to some sources, this sector will be reformed much longer than at first thought, because it is a “tough nut” fiscal consolidation, and therefore the author of the paper warns that in the absence of t ...
... while arranging public companies left for the next two years, as a far more difficult job. According to some sources, this sector will be reformed much longer than at first thought, because it is a “tough nut” fiscal consolidation, and therefore the author of the paper warns that in the absence of t ...
Panama Executive Briefing - Scotia Capital
... Fiscal & Current Account Balance ► The fiscal situation in Panama is improving on the grounds of increasing revenue stemming from canal traffic activity, structural tax reforms and sustainable domestic economic activity. The government, however, remains committed to its ambitious infrastructure deve ...
... Fiscal & Current Account Balance ► The fiscal situation in Panama is improving on the grounds of increasing revenue stemming from canal traffic activity, structural tax reforms and sustainable domestic economic activity. The government, however, remains committed to its ambitious infrastructure deve ...
Global Fiscal Systems: From Crisis to Sustainability - WEF
... sluggish growth and high public debt. Instead of further tax increases, one should seek more growth-friendly ways of pursuing the necessary consolidation of public finances. This is what, for example, Ireland and Spain attempted by mostly relying on expenditure cuts; Ireland almost completely, and e ...
... sluggish growth and high public debt. Instead of further tax increases, one should seek more growth-friendly ways of pursuing the necessary consolidation of public finances. This is what, for example, Ireland and Spain attempted by mostly relying on expenditure cuts; Ireland almost completely, and e ...
NOTES ON CONTEMPORARY IMPERIALISM Phases of Imperialism
... mine: it could print notes and the rest of the world was obliged to hold such notes since they were “as good as gold”. As a result, the US did print notes to finance, among other things, a string of military bases all over the world with which it encircled the Soviet Union and China. These notes sta ...
... mine: it could print notes and the rest of the world was obliged to hold such notes since they were “as good as gold”. As a result, the US did print notes to finance, among other things, a string of military bases all over the world with which it encircled the Soviet Union and China. These notes sta ...
Source
... The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. Th ...
... The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. Th ...
Globalisation - University of St Andrews
... – Technical developments lowering scale requirements. – cost of production often only small part of total costs. ...
... – Technical developments lowering scale requirements. – cost of production often only small part of total costs. ...
the relationship between globalization and the economic crisis
... The current economic and financial crisis has had a devastating impact on the world economy and also on globalization. Regarding the influence of the crisis on the process of globalization there are several points of view in the economic literature. By 2007 globalization has developed unprecedented. ...
... The current economic and financial crisis has had a devastating impact on the world economy and also on globalization. Regarding the influence of the crisis on the process of globalization there are several points of view in the economic literature. By 2007 globalization has developed unprecedented. ...
Revisiting the Case for a Tobin Tax Post Asian Crisis
... examines how much revenue might be expected to be generated from an international currency tax and how it might be disbursed. As will be noted in the concluding section, the need to raise additional resources is of particular importance for developing countries at a time when the process of economic ...
... examines how much revenue might be expected to be generated from an international currency tax and how it might be disbursed. As will be noted in the concluding section, the need to raise additional resources is of particular importance for developing countries at a time when the process of economic ...
Sources for Financing Domestic Capital
... captia growth rates in selected countries that did not experience major financial crisis ...
... captia growth rates in selected countries that did not experience major financial crisis ...
Growth 6 institutions_development
... They are a set of social norms, conventions, moral values, religious beliefs, traditions and other behavioural norms that have passed the test of the historical time and that determine the individual behaviour. The informal institutions can be called the Old Ethos or the Carriers of History. These i ...
... They are a set of social norms, conventions, moral values, religious beliefs, traditions and other behavioural norms that have passed the test of the historical time and that determine the individual behaviour. The informal institutions can be called the Old Ethos or the Carriers of History. These i ...
Report on the meeting on
... countries will end-up paying higher debt service exactly during the period of good times. In addition, he noted that the countries with the greatest need for such types of bonds are likely to be those that would face the least demand from the markets. Mr. Manuel also pointed out that increasing debt ...
... countries will end-up paying higher debt service exactly during the period of good times. In addition, he noted that the countries with the greatest need for such types of bonds are likely to be those that would face the least demand from the markets. Mr. Manuel also pointed out that increasing debt ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... banks most of which were government-owned. The government had a substantial share in the country‟s leading DMB‟s and merchant banks as well as about 47% share in 14 insurance companies. In total, 80% of assets in the commercial banks and 45% of assets in the merchant banks were under the control of ...
... banks most of which were government-owned. The government had a substantial share in the country‟s leading DMB‟s and merchant banks as well as about 47% share in 14 insurance companies. In total, 80% of assets in the commercial banks and 45% of assets in the merchant banks were under the control of ...
DOES DEVALUATION LEAD TO ECONOMIC RECOVERY OR
... contraction becomes more likely, especially as there is a “self- fulfilling prophecy” at work. If devaluation damages confidence it will result in additional capital outflows which will cause the further decline in the currency’s value that was anticipated. This internal dynamic can then lead to sho ...
... contraction becomes more likely, especially as there is a “self- fulfilling prophecy” at work. If devaluation damages confidence it will result in additional capital outflows which will cause the further decline in the currency’s value that was anticipated. This internal dynamic can then lead to sho ...
Financial Crisis in East Asia: A Macroeconomic Perspective
... emerging markets, the median rise in the short-term interest rates during the post-June 1997 period turned out to be more than 600 basis points (World Bank, 1998). The surprising feature of the East Asian crisis is that it occurred in spite of fairly impressive macroeconomic performance and highly p ...
... emerging markets, the median rise in the short-term interest rates during the post-June 1997 period turned out to be more than 600 basis points (World Bank, 1998). The surprising feature of the East Asian crisis is that it occurred in spite of fairly impressive macroeconomic performance and highly p ...
III. Fiscal policy and capital formation
... Gross Investment in Fixed Capital, 1993-98 ............................................................... 31 Gross Investment in Fixed Capital, 1999-2003 ...........................................................33 Indexes of Structural Change, 1999-2002 ........................................... ...
... Gross Investment in Fixed Capital, 1993-98 ............................................................... 31 Gross Investment in Fixed Capital, 1999-2003 ...........................................................33 Indexes of Structural Change, 1999-2002 ........................................... ...
Macroprudential Policies as Buffer Against Volatile Cross-border Capital Flows Ahmet Faruk AYSAN
... currency. Reverse developments then might cause capital outflows and a depreciation. One important effect of volatile capital flows then would be the resulting high volatility in the exchange rate, σe . ...
... currency. Reverse developments then might cause capital outflows and a depreciation. One important effect of volatile capital flows then would be the resulting high volatility in the exchange rate, σe . ...
EXTERNAL DEBTS SUSTAINABILITY, IMF POLICIES EFFECT AND TURKEY SAMPLE
... surplus needed increases with the external debt ratio and the growth-adjusted real interest rate on external debt (Akyuz 2007). Preventing a debt crisis is a crucial policy concern in a sustainable debt strategy. Ultimately, external debt crisis prevention hinges on one condition, that the debt paym ...
... surplus needed increases with the external debt ratio and the growth-adjusted real interest rate on external debt (Akyuz 2007). Preventing a debt crisis is a crucial policy concern in a sustainable debt strategy. Ultimately, external debt crisis prevention hinges on one condition, that the debt paym ...
Document
... They are a set of social norms, conventions, moral values, religious beliefs, traditions and other behavioural norms that have passed the test of the historical time and that determine the individual behaviour. The informal institutions can be called the Old Ethos or the Carriers of History. These i ...
... They are a set of social norms, conventions, moral values, religious beliefs, traditions and other behavioural norms that have passed the test of the historical time and that determine the individual behaviour. The informal institutions can be called the Old Ethos or the Carriers of History. These i ...
Online Appendix: Financial Globalization, Inequality, and the Rising
... where the expression on the right-hand side uses the law of large numbers. Since in equilibrium the demand for labor must be equal P to the supply, which is 1, and total land is also 1, the above condition can be rewritten as 1 = ` l(z` , wj,t )µ` . This implicitly defines the wage, which does not d ...
... where the expression on the right-hand side uses the law of large numbers. Since in equilibrium the demand for labor must be equal P to the supply, which is 1, and total land is also 1, the above condition can be rewritten as 1 = ` l(z` , wj,t )µ` . This implicitly defines the wage, which does not d ...
Globalization and the Industrial Development of Nigeria: Evidence
... Anugwom (2007) investigated the influence of globalization on labour utilization in Nigeria’s construction industry between August and November, 2000. For this purpose, a random sample of 45 respondents was interviewed. The results of the interview as reported by this study show that the process of ...
... Anugwom (2007) investigated the influence of globalization on labour utilization in Nigeria’s construction industry between August and November, 2000. For this purpose, a random sample of 45 respondents was interviewed. The results of the interview as reported by this study show that the process of ...
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... has been reinforced in the 1980s and early 1990s by an increase in the rate o f implementation of trade liberalisation programmes and the rapid increase in trade-related payments associated with the high rates o f growth in world trade. These factors, together with the rapid technological developmen ...
... has been reinforced in the 1980s and early 1990s by an increase in the rate o f implementation of trade liberalisation programmes and the rapid increase in trade-related payments associated with the high rates o f growth in world trade. These factors, together with the rapid technological developmen ...
Significance of globalization in economic
... Spain and Greece are facing economic crisis, which many other European nations see in the near horizon: migrant workers in age receive health pension benefit packages while younger workers who pay for these benefits, are not doing anything for the income (or, paying taxes) made by their parents. Glo ...
... Spain and Greece are facing economic crisis, which many other European nations see in the near horizon: migrant workers in age receive health pension benefit packages while younger workers who pay for these benefits, are not doing anything for the income (or, paying taxes) made by their parents. Glo ...
policy space
... sovereignty of nation states to make their own policy decisions (e.g. Gallagher, 2005; Hamwey, 2005; Abugattas and Paus, 2006; Brown and Stern, 2006; DiCaprio and Gallagher, 2006; Kumar and Gallagher, 2007). Most of these studies voice the concern that UR disciplines prevent developing countries fro ...
... sovereignty of nation states to make their own policy decisions (e.g. Gallagher, 2005; Hamwey, 2005; Abugattas and Paus, 2006; Brown and Stern, 2006; DiCaprio and Gallagher, 2006; Kumar and Gallagher, 2007). Most of these studies voice the concern that UR disciplines prevent developing countries fro ...