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The ""Gulliver Effect"" and the ""Optimal Divergence"" Approach to Trade Policies : The Case of Nepal

International Monetary Fund - 1988

trade policies. We examine here the consequences of such a “Gulliver” effect, looking at the case of Nepal whose economy is … closely linked to the economy of India. Since India’s protective policies are not optimal for Nepal, we consider the various … alternatives for Nepal. The “optimal divergence” is for Nepal to allow the free import of intermediate and capital goods, while …

Persistent link: https://www.econbiz.de/10014396019

Savings, Investment, and Growth in Mexico : Five Years After the Crisis

International Monetary Fund - 1989

Despite Mexico’s recent remarkable progress in adjusting its fiscal and external accounts and in restructuring its economy, the recovery of growth has remained elusive. This paper reviews some aspects of Mexico’s recent performance and suggests that systemic adjustment uncertainty, and...

Persistent link: https://www.econbiz.de/10014396459

Dynamiccs of Asian Savings : Role of Growth and Age Structure

International Monetary Fund - 1988

This paper shows how growth and demography, two important determinants of the savings rate in the life-cycle approach, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and adverse movements in the terms of trade are found to...

Persistent link: https://www.econbiz.de/10014396475