Showing 1 - 10 of 147
vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … to Latin America and the rest of emerging Asia (excluding China and India) GDP has not undergone any significant change …
Persistent link: https://www.econbiz.de/10009225765
Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...
Persistent link: https://www.econbiz.de/10010885185
I document that emerging markets have cast off their "original sin" – their external liabilities are no longer dominated by foreign-currency debt and have instead shifted sharply towards direct investment and portfolio equity. Their external assets are increasingly concentrated in foreign...
Persistent link: https://www.econbiz.de/10009325444
Globalization brings opportunities and pressures for domestic firms in emerging market economies to innovate and improve their competitive position. Using recent data on firms in 27 transition economies, we test for the effects of globalization through the impact of increased competition and...
Persistent link: https://www.econbiz.de/10005703100
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...
Persistent link: https://www.econbiz.de/10005763826
This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial...
Persistent link: https://www.econbiz.de/10008682959
Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of … de-industrialization (Brazil, Russia and South Africa). China is the only country where an expanding manufacturing sector … China and the other BRICS. These differences are down to differences in industrial policy: in China industrial policy …
Persistent link: https://www.econbiz.de/10010884080
Over the course of China's economic reforms, a pronounced divergence in the labor force participation patterns of rural …
Persistent link: https://www.econbiz.de/10010884100
In 2005 China provided duty-free access to 190 items from 25 least developed sub-Saharan African (SSA) countries. Three … years later duty-free access was extended to 454 items from 31 SSA LDCs. We find no evidence that China's preferential …
Persistent link: https://www.econbiz.de/10010884140
Since China promulgated new minimum wage regulations in 2004, the magnitude and frequency of changes in the minimum … changes in China over the period of 2004 to 2009. In contrast to the mixed results of previous studies using provincial … Central regions of China, and result in disemployment for females, young adults, and low-skilled workers. …
Persistent link: https://www.econbiz.de/10010884148