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This note provides an update on the status of Doha negotiations and an outlook on significant non-Doha trade issues …
Persistent link: https://www.econbiz.de/10014410502
This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which, if the debtor country is unable to meet debt obligations, a bargaining regime determines the amount of debt repayment. In the context of a two-country real trade model, debt...
Persistent link: https://www.econbiz.de/10014396211
negotiations. The analysis illustrates how various factors, such as the debtor’s gains from trade and the level of world interest …
Persistent link: https://www.econbiz.de/10014396326
functioning of the world economy, but also learning about the “true” model on the part of policymakers. The paper reports … uncoordinated) may produce large welfare losses in the absence of learning, if policymakers believe in the wrong model; hence … exogenous money targets and freely flexible exchange rates may be best. However, model learning (from observations on …
Persistent link: https://www.econbiz.de/10014395854
trends observed in previous updates, but the shifts between the main country groups are generally smaller. Using the current …
Persistent link: https://www.econbiz.de/10014408603
This paper presents a small macro simulation model of the Indonesian economy The model was constructed to assess the …
Persistent link: https://www.econbiz.de/10014395785
This paper describes a simulation model that can serve as a basis for a developing country growth-oriented adjustment …
Persistent link: https://www.econbiz.de/10014396288
The paper develops a small dynamic macroeconomic simulation model for a representative developing country which relies … and simulation of important policy questions in a general-equilibrium setting. Several policy experiments are conducted …
Persistent link: https://www.econbiz.de/10014396359
Effects of different policy rules are simulated: uncoordinated targeting of the money supply or nominal income, use of monetary policy to achieve coordinated targets for nominal or real exchange rates, and the use of monetary and fiscal policies to hit targets for internal and external balance....
Persistent link: https://www.econbiz.de/10014396458
This paper reviews Uzbekistan’s Interim Welfare Improvement Strategy Paper (I-WISP). I-WISP defines the main directions and measures aimed at improving living standards and reducing poverty among the population of Uzbekistan for 2005–10. The strategy is designed to further expand...
Persistent link: https://www.econbiz.de/10005825518