Narrow search
Showing 1 - 10 of 433
Cover Image
Fiscal and monetary policies and the cost of sudden stops
Hutchison, Michael M.; Noy, Ilan; Wang, Lidan - 2007
This article investigates the effects of macroeconomic policy (monetary and fiscal) on output growth during financial crises characterized by a sudden stop" in net capital inflows in developing and emerging market economies. We investigate 83 sudden stop crises in 77 countries over 1982-2003...
Persistent link: https://www.econbiz.de/10010285311
Cover Image
Vietnam following in China's footsteps: The third wave of emerging Asian economies
Chaponnière, Jean-Raphael; Cling, Jean-Pierre; Zhou, Bin - 2008
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
Cover Image
Taxation, corruption and the exchange rate regime
Hefeker, Carsten - 2009
The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption and improve the fiscal system. A monetary union,...
Persistent link: https://www.econbiz.de/10010264571
Cover Image
International Trade & Domestic Growth: Determinants, Linkages and Challenges
2009
Persistent link: https://www.econbiz.de/10013370174
Cover Image
Public finance and economic growth: Empirical evidence from developing countries
Odedokun, Matthew O. - 2001
The study is an empirical test of the effects of different categories of government expenditure, revenue and deficits on economic growth in developing countries. It is based on panel data of annual series over the last three decades for 103 countries, which are further classified into...
Persistent link: https://www.econbiz.de/10010279078
Cover Image
Fiscal Resources for Inclusive Growth
Das-Gupta, Arindam - 2014
This paper develops a framework to assess the growth and distribution effects of fiscal resources. Resources are classified as debt, other capital receipts, foreign aid and other unilateral grants, non-tax revenue, including resource rents, seigniorage, and taxes. The framework is used to assess...
Persistent link: https://www.econbiz.de/10011432705
Cover Image
Fiscal Policy and Inclusive Growth in Advanced Countries: Their Experience and Implications for Asia
Heshmati, Almas; Kim, Jungsuk; Park, Donghyun - 2014
Advanced economies have a significantly longer history of using fiscal policy to tackle inequality and promote inclusive growth than those in developing Asia. Therefore, as developing Asia explores the more active use of fiscal policy for inclusive purposes, it can learn from the experiences of...
Persistent link: https://www.econbiz.de/10011432710
Cover Image
China's Impact on Africa - the Role of Trade, FDI and Aid
Busse, Matthias; Erdogan, Ceren; Mühlen, Henning - 2014
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
Cover Image
From welfare to farewell: The European social-ecological state beyond economic growth
Laurent, Éloi - 2021
This working paper is intended to shed light on a pressing issue: the apparent growth-dependency of European welfare states at a time of weak growth prospects and strong criticisms of growth. Indeed, while the notion of going beyond GDP growth is gaining momentum in the European Union, as...
Persistent link: https://www.econbiz.de/10014565948
Cover Image
Dealing with dollarization: What options for the transitional economies of Southeast Asia?
Menon, Jayant - 2007
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