Showing 1 - 10 of 51
This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production. We show that countries may be better off with de-escalating tariffs where tariff rates are higher on intermediate inputs and...
Persistent link: https://www.econbiz.de/10005825855
This paper is an analysis of Japan’s credit channel. The economic condition has no hindrance, but credit demand showed an inert performance. The state’s policies have helped the flow of finance and prevent bankruptcy, but several other aspects act as an impediment to credit...
Persistent link: https://www.econbiz.de/10011244991
This paper examines access to business finance by Canadian small and medium-sized enterprises (SMEs) and to housing … SMEs. The paper also finds the market for housing finance to be highly advanced and sophisticated. However, non …
Persistent link: https://www.econbiz.de/10005769089
The limited access to bank credit in recent years has increased the pressure on small and medium size enterprises (SMEs … channel, finds evidence that countries with high prevalence of SMEs tended to recover more slowly from the global financial … negative credit supply shock applied to SMEs has an adverse effect on economic activity, and this impact is amplified in …
Persistent link: https://www.econbiz.de/10010790414
the household and SMEs sectors could affect this process. The first section of the paper discusses implications of global … households and SMEs for the rebalancing process. The last section concludes with policy recommendations. …
Persistent link: https://www.econbiz.de/10011243587
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined business confidence, affected tourist arrivals, and...
Persistent link: https://www.econbiz.de/10011142081
This staff report on People’s Republic of China 2013 Article IV Consultation highlights macroeconomic developments … and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment …
Persistent link: https://www.econbiz.de/10011244201
This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its population still lives in poverty. This paper applies...
Persistent link: https://www.econbiz.de/10011244249
Persistent link: https://www.econbiz.de/10005264263
Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its …
Persistent link: https://www.econbiz.de/10010731929