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This paper examines the economy-wide impacts of a Free Trade Area of the Asia Pacific (FTAAP) on the Philippine economy. In particular, it uses an applied general equilibrium model to determine the effects of alternative scenarios on aggregate and sectoral outputs, consumption, and international...
Persistent link: https://www.econbiz.de/10009365233
, the direction of foreign direct investment (FDI, henceforth) depends on the exact degrees of financial development in the …
Persistent link: https://www.econbiz.de/10009365499
We develop a model of a small open economy with credit market frictions to analyze the consequences of capital account liberalization. We show that financial opening facilitates the inflows of cheap foreign funds and improves production efficiency. Reforms increasing labor market flexibility can...
Persistent link: https://www.econbiz.de/10009365527
should be balanced to maintain government debt stability and avoid crowding out of private investment, there may be … insufficient investment is the main factor behind high current account surpluses in Asian economies. This implies that measures to … insurance, unemployment insurance and pensions, as well as investment in education, are seen as key ways to reduce household …
Persistent link: https://www.econbiz.de/10011278107
should be balanced to maintain government debt stability and avoid crowding out of private investment, there may be … insufficient investment is the main factor behind high current account surpluses in Asian economies. This implies that measures to … insurance, unemployment insurance and pensions, as well as investment in education, are seen as key ways to reduce household …
Persistent link: https://www.econbiz.de/10011278160
should be balanced to maintain government debt stability and avoid crowding out of private investment, there may be … insufficient investment is the main factor behind high current account surpluses in Asian economies. This implies that measures to … insurance, unemployment insurance and pensions, as well as investment in education, are seen as key ways to reduce household …
Persistent link: https://www.econbiz.de/10011278217
paper emphasizes the need to boost domestic public and private investment in terms of both quantity and quality in order to … narrow the current savings–investment gap, bearing in mind the need to ensure fiscal sustainability. Finally, the paper …
Persistent link: https://www.econbiz.de/10009653180
paper emphasizes the need to boost domestic public and private investment in terms of both quantity and quality in order to … narrow the current savings–investment gap, bearing in mind the need to ensure fiscal sustainability. Finally, the paper …
Persistent link: https://www.econbiz.de/10009653200
paper emphasizes the need to boost domestic public and private investment in terms of both quantity and quality in order to … narrow the current savings–investment gap, bearing in mind the need to ensure fiscal sustainability. Finally, the paper …
Persistent link: https://www.econbiz.de/10009653219
Have age profiles of consumption and labor income in the Philippines changed from 1994 to 2002? What are the implications of the changes observed in the lifecycle patterns? The National Transfer Accounts (NTA) methodologies are applied to estimate the per capita age profiles of current...
Persistent link: https://www.econbiz.de/10009363527