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given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained …
Persistent link: https://www.econbiz.de/10011444894
Open regionalism and integration between the world’s two largest developing countries - the People’s Republic of China … (China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic … economic integration between China and India involving common neighbouring countries could be increasing. This paper discusses …
Persistent link: https://www.econbiz.de/10003113285
(economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …
Persistent link: https://www.econbiz.de/10010531112
Persistent link: https://www.econbiz.de/10003599390
Persistent link: https://www.econbiz.de/10003498749
Given buoyant capital inflows and managed exchange rates the majority of emerging market central banks have continued to accumulate massive foreign reserves. If left unsterilized, the liquidity expansion can threaten domestic macroeconomic stability. To contain domestic inflation these central...
Persistent link: https://www.econbiz.de/10003994520
This paper explores the link between monetary policies of large industrial countries and international credit cycles. Based on an overinvestment framework, we show that in the prevailing asymmetric world monetary system, monetary policies of large centre countries can fuel credit booms in...
Persistent link: https://www.econbiz.de/10010337620
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10010431297
Persistent link: https://www.econbiz.de/10003364179
We examine how the bidding environment may affect the outcome of tax competition between two countries (or two regions) in attracting a firm's foreign direct investment (FDI).We compare the equilibrium location choice and payoffs from an English auction, with both complete and incomplete...
Persistent link: https://www.econbiz.de/10003967774