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’. Fixed exchange rates are typically stable and floating exchange rates are volatile, but macro phenomena are regime … international finance is explaining these cross-regime differences in exchange rate volatility. The evidence suggests that a switch …
Persistent link: https://www.econbiz.de/10005788957
Fixed exchange rates are less volatile than floating rates. The volatility of macroeconomic variables, such as money and output, does not change very much across exchange rate regimes, however. This suggests that exchange rate models based only on macroeconomic fundamentals are unlikely to be...
Persistent link: https://www.econbiz.de/10005792135
Inflation targeting seems to have a small but positive effect on the synchronization of business cycles; countries that target inflation seem to have cycles that move slightly more closely with foreign cycles. Thus the advent of inflation targeting does not explain the decoupling of global...
Persistent link: https://www.econbiz.de/10004973969
out of which belong to Muslim world. The governance of the political and corporate institutions, higher education and … technology readiness are classified as significant factors of the business competitiveness. It was concluded that governance … ultimately the sustainable economic development by improvement in the higher education and institutional governance. …
Persistent link: https://www.econbiz.de/10005789246
countries in different ways. It was recommended that Muslim countries should improve their governance of the corporate and …
Persistent link: https://www.econbiz.de/10005790292
In the post communism regime, the responsibility of economic development has largely been shifted to private sector …), democratization in business and finance, corporate culture, fair trade, good governance and economic freedom and participation. The …, and competitiveness were redefined. The implementation of the separate entity concept and the code of corporate governance …
Persistent link: https://www.econbiz.de/10008574624