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emerged as the second biggest economy in the world. In this study, we seek to illuminate the role of the monetary policy in … China differs substantially from what is typical for an advanced market economy, where an independent central bank often … that China's monetary-policy implementation and its transmission to the real economy still rely heavily on quantitative …
Persistent link: https://www.econbiz.de/10012148910
Vietnam has been following China's path closely and very successfully for the last two decades, since the adoption of … the World Trade Organization (WTO). This paper addresses this question with regard to Vietnam, who joined the WTO at the … beginning of 2007: we study Vietnam's potential for sustainable growth and international integration. We start by briefly …
Persistent link: https://www.econbiz.de/10010273502
Persistent link: https://www.econbiz.de/10013370174
We investigate the impact of Chinese activities in sub-Saharan African countries with respect to the growth performance of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2011, we find that African economies that export natural resources have...
Persistent link: https://www.econbiz.de/10011918494
This paper explores whether there are systematic patterns as to when members of the decision-making committees of the Federal Reserve, the Bank of England and the European Central Bank communicate with the public, and under what circumstances such communication has the ability to move financial...
Persistent link: https://www.econbiz.de/10011604611
This paper studies monetary policy committee transparency (MPCT) based on a new index that measures central bankers' educational and professional backgrounds as disclosed through central bank websites. Based on a novel cross-sectional data set covering 75 central banks, we investigate the...
Persistent link: https://www.econbiz.de/10010286350
There is a spectrum of policy options available in dealing with dollarization in the transitional economies of Southeast Asia. These range from official dollarization at one end and enforced de-dollarization at the other. In between lie: currency board arrangements (CBAs), single currency...
Persistent link: https://www.econbiz.de/10010279692
Persistent link: https://www.econbiz.de/10011695735
Persistent link: https://www.econbiz.de/10011696642
As a mall country among Georgia's growth factors in future might well be foreign trade. The close cooperation with the EU within the European neighborhood policy centers on improving and facilitating trade between the partners. In 2006 the EU granted Georgia the GSP+ status which allows almost...
Persistent link: https://www.econbiz.de/10010267016