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Strong cyclical dynamics, together with an easing of macroeconomic policies in the United States and elsewhere, have boosted large parts of the global economy, into the initial phase of a recovery in 2002. Nonetheless, the global recovery is fragile, because investment spending is insufficient...
Persistent link: https://www.econbiz.de/10012563945
This paper reviews recent developments in private market financing for developing countries. Bank creditors themselves have been more amenable to restructuring in an environment where secondary market discounts on bank claims were falling significantly below the level of bank provisioning. This...
Persistent link: https://www.econbiz.de/10014397187
This paper provides information on private market financing for developing countries, covering developments since August 1992. Progress in dealing with bank debt problems has been based in large part on persistence in the pursuit of stabilization and reform programs. Such programs have resulted...
Persistent link: https://www.econbiz.de/10014397803
Persistent link: https://www.econbiz.de/10000755059
The book describes why expanding trade, and investment is vital for the Middle East and North Africa region. The greatest economic challenge is to create enough jobs for its rapidly growing labor force, which is increasingly young, and educated, to ward off threats to social, and political...
Persistent link: https://www.econbiz.de/10012563753
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Persistent link: https://www.econbiz.de/10009424879
"Taking price changes from the Global Trade Analysis Project (GTAP) model of world trade, the authors use a small open … results with the impact of Russian accession to the World Trade Organization (WTO) on income distribution and the poor. The … the rest of the world. Foremost among the own reforms is liberalization of barriers against FDI in business services …
Persistent link: https://www.econbiz.de/10010522475
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