The impact of international capital flows on the South Africa... since the end of apartheid Seeraj Mohamed
... absorbed the large increases in capital inflows. Palma convincingly shows that large capital inflows are the key to explaining financial crises in all these countries despite these different absorption methods. Foreign direct investment is an important element of the South African government’s econo ...
... absorbed the large increases in capital inflows. Palma convincingly shows that large capital inflows are the key to explaining financial crises in all these countries despite these different absorption methods. Foreign direct investment is an important element of the South African government’s econo ...
The Coming U.S. Interest Rate Tightening Cycle: Smooth Sailing or
... Risk of a large decline in capital flows. Movements in U.S. yields play a significant role in driving fluctuations in capital flows to EFEs. If the tightening cycle were accompanied by a surge in U.S. longterm yields, as happened during the taper tantrum, the reduction in capital flows to EFEs could ...
... Risk of a large decline in capital flows. Movements in U.S. yields play a significant role in driving fluctuations in capital flows to EFEs. If the tightening cycle were accompanied by a surge in U.S. longterm yields, as happened during the taper tantrum, the reduction in capital flows to EFEs could ...
Understanding Reform Process in Kenya
... of political patronage and power bases with the changes. Resistance to reform and policy reversals can be attributed to limited consultation and consensus building with key stakeholders in the design and implementation of reforms, as reforms were hastily undertaken in a bid to access funding. In som ...
... of political patronage and power bases with the changes. Resistance to reform and policy reversals can be attributed to limited consultation and consensus building with key stakeholders in the design and implementation of reforms, as reforms were hastily undertaken in a bid to access funding. In som ...
Emerging countries` foreign exchange reserves and accumulation
... billion during the crisis. Some countries were relatively less affected. If all countries had been affected as much as those hardest-hit, this drop would have been twice as large. The emerging countries may consider to protecting themselves against this risk. With the return of capital flows to thes ...
... billion during the crisis. Some countries were relatively less affected. If all countries had been affected as much as those hardest-hit, this drop would have been twice as large. The emerging countries may consider to protecting themselves against this risk. With the return of capital flows to thes ...
... Conference is 21st May, so start planning to attend now if you haven’t already done so! We already have a number of registrations and we hope for many more yet. To register, go to www.qeta.com.au and follow the steps from the home page! 3. ECONOPAK We are having some issues with placing Econopak ont ...
The impact of fiscal policy on government bond spreads in emerging
... bond spreads. Their contribution to the literature is reflected in the choice of countries analysed: the Czech Republic, Hungary, Poland, Russia and Turkey, for they think that in the new countries there is an interesting relation between fiscal system and financial markets. They were also interesting ...
... bond spreads. Their contribution to the literature is reflected in the choice of countries analysed: the Czech Republic, Hungary, Poland, Russia and Turkey, for they think that in the new countries there is an interesting relation between fiscal system and financial markets. They were also interesting ...
Central, Eastern, and Southeastern Europe
... Most CESEE economies entered the 2008–09 global financial crisis with growthunfriendly budgetary structures relative to their peers. On the spending side, budgets were characterized by high public consumption and large unproductive transfers. On the revenue side, they were characterized by a disprop ...
... Most CESEE economies entered the 2008–09 global financial crisis with growthunfriendly budgetary structures relative to their peers. On the spending side, budgets were characterized by high public consumption and large unproductive transfers. On the revenue side, they were characterized by a disprop ...
A review of global fiscal stimulus
... concrete fiscal measure particularly uncertain. Nevertheless, some broad categories (labour market measures, social transfers, infrastructure spending, and other measures to boost aggregate demand) of measures exist that have shown distinct consequences for economic performance in the past. The fisc ...
... concrete fiscal measure particularly uncertain. Nevertheless, some broad categories (labour market measures, social transfers, infrastructure spending, and other measures to boost aggregate demand) of measures exist that have shown distinct consequences for economic performance in the past. The fisc ...
Reproducing the North-South Divide: the role of
... Liberals have generally assumed that capital inflows swell the available pool of investment funds and thus generate future growth in the South. Eichengreen and Mussa (1998:12) put the classic case for international capital mobility this way: “Flows from capital-abundant to capitalscarce countries ra ...
... Liberals have generally assumed that capital inflows swell the available pool of investment funds and thus generate future growth in the South. Eichengreen and Mussa (1998:12) put the classic case for international capital mobility this way: “Flows from capital-abundant to capitalscarce countries ra ...
CHAPTER– 5 THE NEGATIVE EFFECTS OF MONEY LAUNDERING
... competitive advantage over legitimate firms that draw capital funds from financial markets. This makes it difficult, if not impossible, for legitimate business to compete against front companies with subsidized funding, a situation that can result in the crowding out of private sector business by cr ...
... competitive advantage over legitimate firms that draw capital funds from financial markets. This makes it difficult, if not impossible, for legitimate business to compete against front companies with subsidized funding, a situation that can result in the crowding out of private sector business by cr ...
The impact of international capital flows on the South Africa
... the large increases in capital inflows. Palma convincingly shows that large capital inflows are the key to explaining financial crises in all these countries despite these different absorption methods. Foreign direct investment is an important element of the South African government’s economic polic ...
... the large increases in capital inflows. Palma convincingly shows that large capital inflows are the key to explaining financial crises in all these countries despite these different absorption methods. Foreign direct investment is an important element of the South African government’s economic polic ...
Determinants of International Capital Flows:The Case of Malaysia:
... to have positive relation with CAPF. This is because an economically well doing country can attract more inflows of capital than the reverse, and also, the higher the domestic interest rate, the more attractive the country is in terms of attraction to foreign capital. In contrast, both domestic BB a ...
... to have positive relation with CAPF. This is because an economically well doing country can attract more inflows of capital than the reverse, and also, the higher the domestic interest rate, the more attractive the country is in terms of attraction to foreign capital. In contrast, both domestic BB a ...
Explaining Postcommunist Economic Performance
... life expectancy in Russia was a full five years lower than it was 10 years ago, only 59.0 years, significantly lower than in China (68.64) and even in Vietnam (66.70). The rest of this paper is divided into two sections. In the first, the competing theoretical claims of the neoliberals’ Shock Therap ...
... life expectancy in Russia was a full five years lower than it was 10 years ago, only 59.0 years, significantly lower than in China (68.64) and even in Vietnam (66.70). The rest of this paper is divided into two sections. In the first, the competing theoretical claims of the neoliberals’ Shock Therap ...
real-world economics review
... to the structural equation while others insist that it is nothing more than a compact representation of the joint probability distribution. Many fall somewhere in the middle – attempting to provide the econometric model with sufficient power to answer economic problems but hesitant to anger traditio ...
... to the structural equation while others insist that it is nothing more than a compact representation of the joint probability distribution. Many fall somewhere in the middle – attempting to provide the econometric model with sufficient power to answer economic problems but hesitant to anger traditio ...
New Critical Urban Theory
... developing countries like China, India, Brazil, Russia and oil-producing countries which saved (produced and exported) more than spent (consumed and imported), became dangerously unsustainable before the crisis. Developing countries invested their trade surplus in US treasury bills and US assets, ac ...
... developing countries like China, India, Brazil, Russia and oil-producing countries which saved (produced and exported) more than spent (consumed and imported), became dangerously unsustainable before the crisis. Developing countries invested their trade surplus in US treasury bills and US assets, ac ...
1. Global Depth and the Big Shift
... a slower narrowing of the gap between rich and poor countries is more likely than a quick convergence. Emerging economies, for the purposes of the analysis presented above and throughout the rest of this report refer to those countries designated by the IMF as emerging or developing in 2013. The IMF ...
... a slower narrowing of the gap between rich and poor countries is more likely than a quick convergence. Emerging economies, for the purposes of the analysis presented above and throughout the rest of this report refer to those countries designated by the IMF as emerging or developing in 2013. The IMF ...
Governance-in-the-Caribbean-Small-States
... chances of growth, other things remaining constant. For example if one compares growth in two countries, A and B, with country A better economically governed than country B, everything else remaining equal, including the stage of development, one would expect that country A would register a higher g ...
... chances of growth, other things remaining constant. For example if one compares growth in two countries, A and B, with country A better economically governed than country B, everything else remaining equal, including the stage of development, one would expect that country A would register a higher g ...
Preview
... Whether it was simply the ideologically seductive appeal of fiscal responsibility, the overbearance of Germany and its myopic devotion to export-led growth for all (Blyth 2013b), or simply the most recent thrust in the neoliberal policy agenda is somewhat immaterial. What matters is that the surpris ...
... Whether it was simply the ideologically seductive appeal of fiscal responsibility, the overbearance of Germany and its myopic devotion to export-led growth for all (Blyth 2013b), or simply the most recent thrust in the neoliberal policy agenda is somewhat immaterial. What matters is that the surpris ...
Dealing with Debt - Scholars at Harvard
... debt loads that many governments bear (including unfunded pension liabilities and implicit insurance of private debt), a portion of them will likely choose from both parts of the menu in the years to come. In the event, there is ample precedent for orthodox and heterodox choices in the record of cen ...
... debt loads that many governments bear (including unfunded pension liabilities and implicit insurance of private debt), a portion of them will likely choose from both parts of the menu in the years to come. In the event, there is ample precedent for orthodox and heterodox choices in the record of cen ...
Slides - James Ashley Morrison
... • Do domestic institutions favor integration? (Bailey, Goldstein & Weingast) • Welfare state: safety nets make populace more amenable to globalization (Rodrik) ...
... • Do domestic institutions favor integration? (Bailey, Goldstein & Weingast) • Welfare state: safety nets make populace more amenable to globalization (Rodrik) ...
Exploring Interlinks between Globalization and Governance: A
... improve the quality of the productive endowments. Here reverse causality also exists between good institutions and level of development of an economy. Recently interaction of governance and globalization impacting growth has emerged as a new debate on this particular issue. The authors using a large ...
... improve the quality of the productive endowments. Here reverse causality also exists between good institutions and level of development of an economy. Recently interaction of governance and globalization impacting growth has emerged as a new debate on this particular issue. The authors using a large ...
600 - freit
... the idea that capital account liberalization increases the risk of financial instability. In fact, the financial crisis literature tests whether financial liberalization and integration increase the risk of financial shocks. To investigate the dynamic effect of external financial shocks, several stu ...
... the idea that capital account liberalization increases the risk of financial instability. In fact, the financial crisis literature tests whether financial liberalization and integration increase the risk of financial shocks. To investigate the dynamic effect of external financial shocks, several stu ...
The Shifting Composition of External Liabilities André Faria International Monetary Fund
... What determines the composition of external liabilities, both across countries and over time? While the debt/equity choice is a key question in corporate finance, international economics has paid limited attention to the relative weights of equity-like items (foreign direct investment and portfolio ...
... What determines the composition of external liabilities, both across countries and over time? While the debt/equity choice is a key question in corporate finance, international economics has paid limited attention to the relative weights of equity-like items (foreign direct investment and portfolio ...
Global Marshall Plan Initiative
... well designed and well thought out. It offers the biggest chances to lead humankind to a good, sustainable and peaceful future, as opposed to the common one-sided and short-term solutions. This Initiative shows a way out of the "dead-end street" of the deadlocked global negotiations as well as the s ...
... well designed and well thought out. It offers the biggest chances to lead humankind to a good, sustainable and peaceful future, as opposed to the common one-sided and short-term solutions. This Initiative shows a way out of the "dead-end street" of the deadlocked global negotiations as well as the s ...
Gaddy, Dean, “Russian oil major Yukos implements western
... describe as an economic shock stemming from either a qualitative or quantitative crisis marker, categorizing across instances of inflation, currency crisis, debasement, banking crisis, or default. Given the scope of the Russian case in 1998, this thesis addresses currency and banking crises, which a ...
... describe as an economic shock stemming from either a qualitative or quantitative crisis marker, categorizing across instances of inflation, currency crisis, debasement, banking crisis, or default. Given the scope of the Russian case in 1998, this thesis addresses currency and banking crises, which a ...