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Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced economic growth. Capitalinflows have a negative side, however, in that they tend to appreciatethe domestic currency, making exports less competitive, and to encourageinflation....
Persistent link: https://www.econbiz.de/10014402762
Capital flows can deliver substantial benefits for countries, but also have the potential to contribute to a buildup of systemic financial risk. Benefits, such as enhanced investment and consumption smoothing, tend to be greater for countries whose financial and institutional development enables...
Persistent link: https://www.econbiz.de/10014408642
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This authoritative collection presents seminal papers from leading academics charting recent developments in public finance. The two-volume set encompasses numerous sections including the public sector in a market economy, market imperfections, growth implications of public policies and...
Persistent link: https://www.econbiz.de/10011852288
The past decade has witnessed a surge in interest in the area of financial globalization and economic performance. This was stimulated by the 1997-1998 Asian financial crisis after plans to adopt full capital account liberalization by IMF member states failed. Scholars have since focused on the...
Persistent link: https://www.econbiz.de/10011852329
This book highlights the achievements and challenges of the ongoing process of financial integration in Europe. This unique collection will be of great interest to economists and experts in the fields of financial markets and European integration from central, commercial and investment banks,...
Persistent link: https://www.econbiz.de/10011851237
Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...
Persistent link: https://www.econbiz.de/10011851797
In this study, economic developments of India are discussed. Growth is among the fastest-growing in the world, social indicators are improving, and medium-term economic prospects are favorable. The Reserve Bank of India’s (RBI) efforts are used to tighten monetary conditions. The measures...
Persistent link: https://www.econbiz.de/10011243216
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Frequently referred to as the Giant of Africa, Nigeria is growing slower than its population and large numbers of … people are poor. With gross national income per capita of USD 2,100 (in 2017; Atlas method, WDI), Nigeria is classified as a … 42.8 percent of Nigeria's population was living in extreme poverty in 2016. Poverty has been rising in rural areas and in …
Persistent link: https://www.econbiz.de/10012646904