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Multinational Enterprises, International Trade, and Productivity Growth; Firm-Level Evidence From the United States
Yeaple, Stephen R.; Keller, Wolfgang - International Monetary Fund (IMF) - 2003
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10005263684
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Monetary Policy Coordination and the Role of Central Banks
Mohan, Rakesh; Kapur, Muneesh - International Monetary Fund (IMF) - 2014
acknowledge and appreciate the spillovers resulting from such UMPs. Central banks of the AEs, who have set up standing mutual swap …
Persistent link: https://www.econbiz.de/10010790334
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Spillovers from United States Monetary Policy on Emerging Markets: Different This Time?
Chen, Jiaqian; Griffoli, Tommaso Mancini; Sahay, Ratna - International Monetary Fund (IMF) - 2014
debated in global and national policy circles. When the U.S. resorted to unconventional monetary policy, spillovers on asset …-term bond yields. Instead, we find that larger spillovers stem more from structural factors, such as the use of new instruments …
Persistent link: https://www.econbiz.de/10011123869
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Export Spillovers from Global Shocks for the Middle East and Central Asia
Behar, Alberto; Espinosa-Bowen, Jaime - International Monetary Fund (IMF) - 2014
This paper quantifies the effect of realized and potential global growth disappointments on export volumes from the Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner GDP indicate non-oil export volumes are relatively...
Persistent link: https://www.econbiz.de/10011142158
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A Model-Based Analysis of Spillovers: The Case of Poland and the Euro Area
Andrle, Michal; Garcia-Saltos, Roberto; Ho, Giang - International Monetary Fund (IMF) - 2014
This paper studies economic and financial spillovers from the euro area to Poland in a two-country semi …-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the …
Persistent link: https://www.econbiz.de/10011142199
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Rwanda; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2008
Rwanda’s Economic Development and Poverty Reduction Strategy provides a medium-term framework for achieving the country’s long-term development goals and aspirations as embodied in Rwanda Vision 2020, the seven-year Government of Rwanda programme, and the Millennium Development...
Persistent link: https://www.econbiz.de/10011244912
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Kingdom of Lesotho; Poverty Reduction Strategy Paper: National Strategic Development Plan
International Monetary Fund (IMF); International … - 2012
This paper describes the Kingdom of Lesotho’s Poverty Reduction Strategy Paper and National Strategic Development Plan (NSDP) 2012/13–2016/17. NSDP recognizes, as a point of departure, the need and urgency for Lesotho to radically transform its economy. To achieve the National...
Persistent link: https://www.econbiz.de/10011245521
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Ghana; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2012
Ghana has pursued several programs to accelerate the growth of the economy. In 1995, the government presented “Ghana: Vision 2020,†aimed at making Ghana a middle-income country in 25 years. Vision 2020 focused on human development, economic growth, rural development, urban...
Persistent link: https://www.econbiz.de/10011245703
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Foreign Direct Investment in Africa; Some Case Studies
Basu, Anupam; Srinivasan, Krishna - International Monetary Fund (IMF) - 2002
This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly large amounts of foreign investment. The review indicates that sustained efforts to promote political and macroeconomic stability and implement essential structural reforms have...
Persistent link: https://www.econbiz.de/10005248318
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Why Does Fdi Go Where it Goes? New Evidence From the Transition Economies
Kinoshita, Yuko; Campos, Nauro F. - International Monetary Fund (IMF) - 2003
This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...
Persistent link: https://www.econbiz.de/10005263716