Showing 31 - 40 of 257
During the twin crises of 2008–09 Georgia’s foreign exchange reserves have been exposed to a number of external and internal drains. Its exports declined by 21 percent from peak to trough. Bank deposits declined by more than 20 percent in late 2008–early 2009, while deposit...
Persistent link: https://www.econbiz.de/10011243234
Over the past decade, the United States has been very successful atcreating jobs. Some other industrial countries have clearly lagged behind. But what is the reason why some countries are more successful than others at creating employment? Are there common factors that explainjob creation? This...
Persistent link: https://www.econbiz.de/10014402731
This paper gauges the potential effects on employment of rebalancing China''s exportoriented growth model toward domestic demand, particularly private consumption. Shifting to a private consumption-led growth likely means more demand for existing and new services as well as reorienting the...
Persistent link: https://www.econbiz.de/10014402469
Persistent link: https://www.econbiz.de/10009424793
In this paper, the World Bank and the International Monetary Fund have drawn together available research findings on the benefits of trade liberalization as well as on the obstacles to trade-oriented development
Persistent link: https://www.econbiz.de/10014409867
This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are largely importable or the labor supply is sufficiently elastic, then natural-resource booms increase aggregate investment and worsen the current account, but Dutch ‘Disease’...
Persistent link: https://www.econbiz.de/10014400547
Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese … manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than … American exporters, who tend to price to domestic cost. Japanese firms seem to price discriminate between domestic, and export …
Persistent link: https://www.econbiz.de/10014395791
This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export …
Persistent link: https://www.econbiz.de/10014404829