East-West Economic and Financial Linkages in Europe
... an important role in Europe, but there is little evidence that they are being ramped up there as they are in Asia. The importance of crossborder production chains can be measured by the size of trade in intermediate goods.50 In intraEuropean trade, they account for about 7 percent of GDP, which is h ...
... an important role in Europe, but there is little evidence that they are being ramped up there as they are in Asia. The importance of crossborder production chains can be measured by the size of trade in intermediate goods.50 In intraEuropean trade, they account for about 7 percent of GDP, which is h ...
CAPITAL MOBILITY AND ECONOMIC PERFORMANCE: Are Emerging Economies Different? * By Sebastian Edwards
... nations severely controlled international capital movements. This was done through a variety of means, including taxes, administrative restrictions and outright prohibitions. It has only been in the last decade or so that serious consideration has been given to the opening of the capital account in ...
... nations severely controlled international capital movements. This was done through a variety of means, including taxes, administrative restrictions and outright prohibitions. It has only been in the last decade or so that serious consideration has been given to the opening of the capital account in ...
PowerPoint プレゼンテーション
... ～ ): trade, FDI, aid flows • Achieving high growth rates (7～8% per year) and halving the ratio of extreme poverty in the 1990s ...
... ～ ): trade, FDI, aid flows • Achieving high growth rates (7～8% per year) and halving the ratio of extreme poverty in the 1990s ...
The Vietnamese Model for Growth
... ～ ): trade, FDI, aid flows • Achieving high growth rates (7～8% per year) and halving the ratio of extreme poverty in the 1990s ...
... ～ ): trade, FDI, aid flows • Achieving high growth rates (7～8% per year) and halving the ratio of extreme poverty in the 1990s ...
03/2015 The Impacts of the 2008 Global Financial Crisis most affected countries
... related to the positive global outlook after 2001.13 In general, the growth was fuelled by a mix of four ingredients: 1) high global demand, 2) exceptional financing, 3) high commodity prices and, 4) for a significant number of countries, large flows of remittances mainly resulting from the consumpt ...
... related to the positive global outlook after 2001.13 In general, the growth was fuelled by a mix of four ingredients: 1) high global demand, 2) exceptional financing, 3) high commodity prices and, 4) for a significant number of countries, large flows of remittances mainly resulting from the consumpt ...
NBER WORKING PAPER SERIES INTERNATIONAL FINANCIAL INTEGRATION AND ECONOMIC GROWTH Hali J. Edison
... correlated (0.9) with the IMF-Restriction measure (Edison, Klein, Ricci, and Sløk, 2002). Moreover, for non-OECD countries, it is only available for two years (1982, 1988) over the sample period that we examine. Thus, we cannot use the Quinn measure in our panel estimates. Since the use of panel est ...
... correlated (0.9) with the IMF-Restriction measure (Edison, Klein, Ricci, and Sløk, 2002). Moreover, for non-OECD countries, it is only available for two years (1982, 1988) over the sample period that we examine. Thus, we cannot use the Quinn measure in our panel estimates. Since the use of panel est ...
Document
... Importantly, there is a need to consider interactions between the financial system and the real economy. This may be even truer when there is a need to coordinate across multiple objectives, such as financial system stability, price stability and growth. One potential conflict is rooted in the obser ...
... Importantly, there is a need to consider interactions between the financial system and the real economy. This may be even truer when there is a need to coordinate across multiple objectives, such as financial system stability, price stability and growth. One potential conflict is rooted in the obser ...
T a Abstract
... relationship between education spending and overall government spending. Using a similar model to analyse education expenditure within the context of total government expenditure could be questionable given the fact that the latter is normally seen as a mixed or even merit good (i.e provided both pr ...
... relationship between education spending and overall government spending. Using a similar model to analyse education expenditure within the context of total government expenditure could be questionable given the fact that the latter is normally seen as a mixed or even merit good (i.e provided both pr ...
Does development aid have in fine positive or negative effects on
... mil.) was approved by the IMF. It should have helped Burkina Faso move towards the Millennium Development Goals (MDG) of reducing the poverty rate to below 35 percent by 2015 while achieving per-capita growth rates of at least 4 percent. It was focused on raising domestic revenues, strengthening pub ...
... mil.) was approved by the IMF. It should have helped Burkina Faso move towards the Millennium Development Goals (MDG) of reducing the poverty rate to below 35 percent by 2015 while achieving per-capita growth rates of at least 4 percent. It was focused on raising domestic revenues, strengthening pub ...
10. Indonesia in the G20: Benefits And Challenges Amidst National
... political agenda, principally, Indonesia has set its policy on non-alignment, neutral but actively involving itself in international relations. As this is the backbone of the foreign policy of Indonesia, it sometimes has discouraged the country to take any risk and it tends to avoid conflicts. As on ...
... political agenda, principally, Indonesia has set its policy on non-alignment, neutral but actively involving itself in international relations. As this is the backbone of the foreign policy of Indonesia, it sometimes has discouraged the country to take any risk and it tends to avoid conflicts. As on ...
10 and 25 - OECD.org
... presidents: Tunisia’s Zine El Abidine Ben Ali, Egypt’s Hosni Mubarak, and Libya’s Muammar Qaddafi. Tunisia and Egypt are now preparing for democratic elections, while some other governments—particularly the monarchies of Morocco and Jordan—have also undertaken a gradual process of political reform. ...
... presidents: Tunisia’s Zine El Abidine Ben Ali, Egypt’s Hosni Mubarak, and Libya’s Muammar Qaddafi. Tunisia and Egypt are now preparing for democratic elections, while some other governments—particularly the monarchies of Morocco and Jordan—have also undertaken a gradual process of political reform. ...
Is Financial Development Supply-leading or demand
... further economic contraction due to the offshore banking services industry being on the OECD’s list of non-cooperative tax havens. Thus in the aftermath of these crises, the government began a series of fiscal disciplines to restore economic reform. Overall, the impact of financial development of th ...
... further economic contraction due to the offshore banking services industry being on the OECD’s list of non-cooperative tax havens. Thus in the aftermath of these crises, the government began a series of fiscal disciplines to restore economic reform. Overall, the impact of financial development of th ...
T GLOBALISATION: TRANSFORMING POLICIES AND THE ROLE OF THE STATES ABSTRACT
... the rest of the world, there is nothing like the degree of globalisation, a related objection is that globalisation may well be simply the latest stage of Western imperialism. The forces that are being globalises are conveniently those found in Western world. What about nonWestern values, where do ...
... the rest of the world, there is nothing like the degree of globalisation, a related objection is that globalisation may well be simply the latest stage of Western imperialism. The forces that are being globalises are conveniently those found in Western world. What about nonWestern values, where do ...
Institutional Development in Small States
... This article focuses on a group of small, developing states in the Commonwealth or English-speaking Caribbean.2 Despite their relatively high per-capita income levels and middle-income ranking, there is no shortage of both anecdotal and empirical evidence to suggest that small developing Caribbean s ...
... This article focuses on a group of small, developing states in the Commonwealth or English-speaking Caribbean.2 Despite their relatively high per-capita income levels and middle-income ranking, there is no shortage of both anecdotal and empirical evidence to suggest that small developing Caribbean s ...
Institutions and Economic Development
... Development and Institutions are caused by human capital – Lipset (1960) argued that through greater education people would be likely and more able to resolve differences by negotiation and reach a more Coase-type end game. Externality of higher initial education of a population is greater political ...
... Development and Institutions are caused by human capital – Lipset (1960) argued that through greater education people would be likely and more able to resolve differences by negotiation and reach a more Coase-type end game. Externality of higher initial education of a population is greater political ...
$doc.title
... nations severely controlled international capital movements. This was done through a variety of means, including taxes, administrative restrictions and outright prohibitions. It has only been in the last decade or so that serious consideration has been given to the opening of the capital account in ...
... nations severely controlled international capital movements. This was done through a variety of means, including taxes, administrative restrictions and outright prohibitions. It has only been in the last decade or so that serious consideration has been given to the opening of the capital account in ...
GLOBALIZATION: THEORETICAL
... complex phenomenon with multiple effects, which makes it hard to define. There are, in fact, three possibilities for defining globalization (Mittelman, 2006, p. 64). First, it can be defined as intensification of global flows of goods and production factors, facilitated by modern transportation and ...
... complex phenomenon with multiple effects, which makes it hard to define. There are, in fact, three possibilities for defining globalization (Mittelman, 2006, p. 64). First, it can be defined as intensification of global flows of goods and production factors, facilitated by modern transportation and ...
Secular stagnation, debt overhang and other rationales for sluggish
... as a whole, powered by the transformation of India and China, might have also led to a downward shift in demand, as fast-growing countries with underdeveloped capital markets spin off savings to diversify risk. Indeed, the IMF (2014a, Chapter 3) concludes that fast growth in emerging markets was a m ...
... as a whole, powered by the transformation of India and China, might have also led to a downward shift in demand, as fast-growing countries with underdeveloped capital markets spin off savings to diversify risk. Indeed, the IMF (2014a, Chapter 3) concludes that fast growth in emerging markets was a m ...
Capital Flows to Emerging Markets
... gross rather than net capital flows. Secondly, when considering emerging markets, the asymmetric nature of the international monetary system must be stressed. Thirdly, it is important to understand the specific forms that capital flows take: in today’s world, pension funds and other institutional in ...
... gross rather than net capital flows. Secondly, when considering emerging markets, the asymmetric nature of the international monetary system must be stressed. Thirdly, it is important to understand the specific forms that capital flows take: in today’s world, pension funds and other institutional in ...
Fiscal Policy Issues for Tanzania
... The general conclusion is rather daunting; automatic stabilizers are likely to offer only a modest stimulus; discretionary policy may have a delayed, limited and temporary effect, with no guarantee that the overall impact will be of the right sign, and runs the risk of becoming embedded. In other wo ...
... The general conclusion is rather daunting; automatic stabilizers are likely to offer only a modest stimulus; discretionary policy may have a delayed, limited and temporary effect, with no guarantee that the overall impact will be of the right sign, and runs the risk of becoming embedded. In other wo ...
Brandt Equation (2002)
... Reports declared that local development must be the means to growth—“that the focus has to be not on machines or institutions but on people,” and the creation of an environment in which they can lead long, healthy, and productive lives (N-S, 23). North -South and Common Crisis had a profound initial ...
... Reports declared that local development must be the means to growth—“that the focus has to be not on machines or institutions but on people,” and the creation of an environment in which they can lead long, healthy, and productive lives (N-S, 23). North -South and Common Crisis had a profound initial ...
Local Government Financing Platforms in China
... The mismatch has been exacerbated by a fiscal stimulus package introduced by the central government to counter the 2008–09 global financial crisis. With investment as the key engine for domestic growth (49 percent contribution to GDP in 2011)—the highest among G20 countries (Figure 6)—and the availa ...
... The mismatch has been exacerbated by a fiscal stimulus package introduced by the central government to counter the 2008–09 global financial crisis. With investment as the key engine for domestic growth (49 percent contribution to GDP in 2011)—the highest among G20 countries (Figure 6)—and the availa ...
Japan and Australia to hope to lead world through “Win-Win
... accounts for 57% of Australia’s overall exports and 44% of its overall imports.2 Figure 2 shows that Asia represents 55% of Japan’s overall exports and 45% of its overall imports. These figures suggest that Asia’s economic stability is indispensable for the economic stability of both Japan and Austr ...
... accounts for 57% of Australia’s overall exports and 44% of its overall imports.2 Figure 2 shows that Asia represents 55% of Japan’s overall exports and 45% of its overall imports. These figures suggest that Asia’s economic stability is indispensable for the economic stability of both Japan and Austr ...
document
... complexity of the process of globalization implies that such a complete understanding of globalization is not easily acquired. The complexities of international trade, foreign investment, foreign competition, and immigration are sometimes difficult to understand. A course such as this one would not ...
... complexity of the process of globalization implies that such a complete understanding of globalization is not easily acquired. The complexities of international trade, foreign investment, foreign competition, and immigration are sometimes difficult to understand. A course such as this one would not ...
Changing Impact of Fiscal Policy on Selected ASEAN Countries
... standard Keynesian multiplier of greater than one is achieved. Similarly, in an environment where the nominal interest rates hit the zero-lower-bound, fiscal stimulus will be particularly effective since crowding out of investment from higher interest rates is largely absent, and the economy at this ...
... standard Keynesian multiplier of greater than one is achieved. Similarly, in an environment where the nominal interest rates hit the zero-lower-bound, fiscal stimulus will be particularly effective since crowding out of investment from higher interest rates is largely absent, and the economy at this ...