Showing 1 - 10 of 1,672
Open market operations are the major instruments of monetary control in industrial countries and are becoming important in developing countriesand countries in transition. This paper shows how open market operationsare related to other monetary instruments, discusses the role of the market and...
Persistent link: https://www.econbiz.de/10014402763
selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with …
Persistent link: https://www.econbiz.de/10014398716
Persistent link: https://www.econbiz.de/10009423201
This paper examines the impact of the opening up of Eastern Europe and the Former Soviet Union on Western Europe. The …
Persistent link: https://www.econbiz.de/10014397277
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries …
Persistent link: https://www.econbiz.de/10014399817
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living …-cyclical. Within the Asia-Pacific small states group, the micro states are subject to more vulnerability and macroeconomic volatility … than the rest of the Asia-Pacific small states …
Persistent link: https://www.econbiz.de/10014410680
, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and …
Persistent link: https://www.econbiz.de/10014396475
Capital flows to the nonindustrial countries share three striking characteristics. First, the bulk, of these flows was in the form of debt, not equity; second, the loans were mostly to, or guaranteed by, debtor governments; and third, these debts were largely bank loans, not bonds. This paper...
Persistent link: https://www.econbiz.de/10014396446
This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign direct investment for the Middle East and North Africa (MENA) countries, which generally have higher investment risk than developed countries. The empirical results support...
Persistent link: https://www.econbiz.de/10014401431
This paper summarizes the theory and empirical evidence on the determinants of foreign direct investment. These determinants include expected relative rates of return, risk diversification, market size, technological advantage, market failure, oligopolistic rivalry, liquidity, currency strength,...
Persistent link: https://www.econbiz.de/10014396385