Showing 1 - 10 of 458
that will need to be addressed for China to maintain sustained high growth and continued global integration. …
Persistent link: https://www.econbiz.de/10005252521
Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...
Persistent link: https://www.econbiz.de/10005252532
This report discusses major developments in the Lao People’s Democratic Republic (PDR), and updates the statistical tables on recent economic developments and provides an overview of the real sector. Factors that have limited revenue collections and developments in the monetary and...
Persistent link: https://www.econbiz.de/10005252622
In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms … of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern … globalization. We provide a detailed documentation of the evolution of China's capital controls, a proximate determinant of the …
Persistent link: https://www.econbiz.de/10005263846
China's increasing openness to foreign direct investment (FDI) has contributed importantly to its exceptional growth … performance. This paper examines China's experience with FDI and identifies some lessons for other countries. Most of the factors … explaining China's success have also been important in attracting FDI to other countries: market size, labor costs, quality of …
Persistent link: https://www.econbiz.de/10005264264
This Selected Issues paper describes the recent economic developments in The Gambia. The paper highlights that the economic performance of The Gambia deteriorated sharply in 2002, as sparse rainfall led to a decline of one-third in agricultural output. Real GDP shrank by 3 percent. However,...
Persistent link: https://www.econbiz.de/10005768523
In this paper, the following statistical data are presented in detail: GDP at current and constant prices, GDP by sectors at current and constant prices, employment by sector, average monthly wages, unemployment and vacancies, profit and losses of enterprises, number of enterprises, GDP...
Persistent link: https://www.econbiz.de/10005768645
In this paper we develop a two-country dynamic general equilibrium model by means of which we seek to explain the long-run paths of a converging emerging market economy. We borrow a paradigm from the New Open Economy Macroeconomics literature and amend it to address specific features such as...
Persistent link: https://www.econbiz.de/10005768774
This paper summarizes recent arguments/findings on two aspects of foreign direct investment (FDI): its correlation with economic growth and its determinants. The first part focuses on recent literature regarding positive spillovers from FDI while the second deals with the determinants of FDI....
Persistent link: https://www.econbiz.de/10005769019
Although theory suggests that the real exchange rate should depreciate after a credible trade liberalization but could appreciate temporarily with a noncredible one, little empirical evidence exists. Unlike existing studies that use either indirect tests or unreliable openness measures, this...
Persistent link: https://www.econbiz.de/10005769042