Showing 1 - 9 of 9
East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by expanding domestic demand and enlarging intra-regional...
Persistent link: https://www.econbiz.de/10009363952
the empirical results caused by the use of different spatial scales in the analysis of convergence process of European … (MAUP). Thus, convergence processes among EU15 are examined across three spatial scales often used in applied work, namely …, NUTS1, NUTS2 and NUTS3, between 2000 and 2008. The paper suggests that convergence pattern of EU regions depends on the …
Persistent link: https://www.econbiz.de/10010740554
Our paper examines the long run relationship between economic growth and the current account balance equilibrium by relying on the BoP constrained growth model. We find that Vietnam grew less than the rate predicted when the period 1985 to 2010 as a whole is considered, but with different...
Persistent link: https://www.econbiz.de/10010706920
This paper analyses the hypothesis that the robust relationship between trust - as measured by the World Values Survey's question "In general, do you think that most people can be trusted, or that you can't be too careful in dealing with people?" - and economic growth, established by empirical...
Persistent link: https://www.econbiz.de/10008690481
, attracting immigration and amenities. Nevertheless, although it seems to have convergence among the big cities considered in this … convergence-divergence among 50 Mega-cities of the World, and the convergence-divergence among its corresponding countries, using … several growth models, studying the possible existence of Clubs convergence among these cities and countries. …
Persistent link: https://www.econbiz.de/10011076064
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278027
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278122
The paper reviews Indias macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and investment. The second section considers some of...
Persistent link: https://www.econbiz.de/10009363919
The fiscal stimulus of almost $10b over four years will result in an extra 10,000 jobs in the short run, but it will reduce future consumption by $160 per person per year. We can spend now, but we have to pay for it eventually. The Government faces a real juggling act in its forthcoming Budget...
Persistent link: https://www.econbiz.de/10009363981