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This paper extends the work of Kaminsky and Schmukler (2003) to the Baltic and Central Eastern European future Member States of the European Union, to test if the same short-run increase in cyclical volatility arising from financial integration is observed in this specific sample of “emerging...
Persistent link: https://www.econbiz.de/10005062709
An imperative need has arisen to provide a Constructive push to the President Bush. American population, Corporate units, Expatriates and all nations with their currency related to US $, are not happy in the current $ dipping situation. Even the currencies of poor nations are galloping upward in...
Persistent link: https://www.econbiz.de/10005556940
turn, implies that it may not be trade and capital and labor flows that matter for income convergence but some other, less …
Persistent link: https://www.econbiz.de/10005076560
The objective of this work is to analyse the income inequality in the 15 EU countries during the convergence process to the Monetary Union. Using the information contained in the European Community Household Panel, corresponding to the four first waves. Using the inverse second order stochastic...
Persistent link: https://www.econbiz.de/10005076592
Plenty of food, Sufficient clothing, Proper monitoring of the Key Socio- Economic factors, with commitment to Domestic Productivity were the Essence of the Administrative strategy of Mrs. Indira Gandhi (Late Prime Minister of India). These approaches could be critically related to the remarkable...
Persistent link: https://www.econbiz.de/10005076600
The reconstruction of the international order after World War I put great emphasis on social reforms through the International Labor Organization (ILO). Three types of arguments were used to promote social reform. The first asserted that international economic competition meant that social...
Persistent link: https://www.econbiz.de/10005076632
fall in the global growth rate, with a possible negative impact in foreign relations and policies at the global level. …
Persistent link: https://www.econbiz.de/10005124951
This paper investigates effects of third-currency monetary policy shocks on exchange rates. For this purpose we setup a … structural VAR model containing the exchange rates of the three major currencies – the U.S. dollar, the euro and the Japanese yen … policy shocks not only significantly impact on the considered exchange rates but their impacts are comparable to those of MP …
Persistent link: https://www.econbiz.de/10005125529
consequence of the “dependency” analysis of this essay is the realization that a reliance on foreign capital in the short term …
Persistent link: https://www.econbiz.de/10005125619
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005125934