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We examine the effects of foreign currency-indexed debt upon inflationary expectations in Brazil and Mexico …
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"Brazil is the world's largest producer of ethanol, a biofuel used mainly in automobiles as an additive or alternative … had both successes and failures. Although Brazil's program was criticized as being uneconomic during periods of low oil … economy... For countries that wish to improve their energy security while promoting rural development, Brazil's experience …
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This 2012 Global Food Policy Report is the second in an annual series that provides an in-depth look at major food policy developments and events. Initiated in response to resurgent interest in food security, the series offers a yearly overview of the food policy developments that have...
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Ethiopia enjoyed remarkable economic growth from 2004/05 to 2008/09, in large part due to increases in foreign transfers and capital inflows combined with expanded domestic credit to fund major increases in private and public investments in infrastructure and housing. However, this rapid growth...
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Much empirical work has documented a negative correlation between different measures of globalization or openness and …
Persistent link: https://www.econbiz.de/10005367952
Greater openness has become an almost universal feature of modern, developed economies. This paper develops a workhorse international model, and explores the role of standard monetary policy rules applied to an open economy. For this purpose, I build a two-country DSGE model with monopolistic...
Persistent link: https://www.econbiz.de/10005367953