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What determines the ability of governments from developing countries to access international credit markets? We examine this question using detailed data on sovereign bond issuances and public syndicated bank loans since 1982. We find that traditional measures of a country’s links with the...
Persistent link: https://www.econbiz.de/10005263984
lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …
Persistent link: https://www.econbiz.de/10011242206
We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports …, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and … ambiguous results in the existing literature. For most countries in the sample, when aid reduces exports and imports, it also …
Persistent link: https://www.econbiz.de/10011242264
fast-growing, export-oriented economies. To boost exports and growth, CAPDR should implement policies to facilitate …This paper studies the potential for the export sector to play a more important role in promoting growth in Central … finds that their exports remain below the norm for countries of their size. Several indexes of outward orientation are …
Persistent link: https://www.econbiz.de/10011242361
understanding of European exports: where exports values are created, the role of vertical supply links in export growth, what is …One of the most important recent developments in international trade is the increasing interconnectedness of export … analysis finds strong role of supply links in cross-country export performance in Europe, where these links between countries …
Persistent link: https://www.econbiz.de/10011242362
crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were … important movements in transfers and net income balances. While export performance remained relatively stable in most countries …
Persistent link: https://www.econbiz.de/10011242364
core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that …, first, dynamics for private consumption, non-residential business investment, and exports since 2008 is dominated by …
Persistent link: https://www.econbiz.de/10010959463
s, a GCESC has evolved, manufacturing goods for export to the rest of the world. Reflecting this, bilateral trade … linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly …. Participation in the GCESC has led to technology transfers to CE4 countries and accelerated income convergence. Export growth in …
Persistent link: https://www.econbiz.de/10011243491
. But Germany has almost equally consistently run current account surpluses. Exports have powered the dynamic phases and …From its early post-war catch-up phase, Germany’s formidable export engine has been its consistent driver of growth … delivery of services, will be good for Germany and for the global economy. Absent such an effort, German growth will remain …
Persistent link: https://www.econbiz.de/10011142028
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172