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This study is an attempt to analyze the impact of Edible Oil Deficit on Food Expenditure in Pakistan for the period 1971-2008. Edible oil deficit is one of the major concerns for the policy makers in Pakistan. Despite of having agriculture based economy; Pakistan is unable to fulfil her domestic...
Persistent link: https://www.econbiz.de/10005103386
We examine the dynamics of convergence of the ASEAN5 plus the big three for nominal interest rates, inflation rates … 1990 - December 2010, using non-linear unit root tests. The results show strong evidence of stationary inflation and real … interest rate differentials in all but China’s inflation differential relative to the U.S., and stationary nominal interest …
Persistent link: https://www.econbiz.de/10009325643
Balance of Payments (BoP), being a record of the monetary transactions over a period with the rest of the world, reflects all payments and liabilities to foreigners and all payments and obligations received from foreigners. In this sense, the balance of payments is one of the major indicators of...
Persistent link: https://www.econbiz.de/10011259614
The study aims to calculate Egypt’s real effective exchange rate at both the bilateral and multilateral levels, estimates the effect of real cross-rate movements on trade in goods and services and on foreign direct investment, and determines the fundamental equilibrium exchange rate for...
Persistent link: https://www.econbiz.de/10011259979
Abstract Balance of Payments (BoP), being a record of the monetary transactions over a period with the rest of the world, reflects all payments and liabilities to foreigners and all payments and obligations received from foreigners. In this sense, the balance of payments is one of the major...
Persistent link: https://www.econbiz.de/10011260138
An estimate of the contribution of the biosector to Ireland’s net foreign earnings in 2008 was recently published by The Department of Agriculture, Food and the Marine (2012). This paper examines these results and their derivation from a wide range of data provided by the Central Statistics...
Persistent link: https://www.econbiz.de/10011260484
This paper implements a panel approach to investigate the empirical relevance of ‘Thirlwall’s Law’, which states that long-run growth must be consistent with balance of payments (BOP) equilibrium and is, thus, determined on the demand side. Building on ARDL modelling, mean-group and pooled...
Persistent link: https://www.econbiz.de/10009294949
The paper focuses on the current system of country risk assessment by the main rating agencies, pointing out some of its weaknesses. Under these circumstances, was found that Romania is overrated by the international agencies, mainly due to political reasons, related to the close accession of...
Persistent link: https://www.econbiz.de/10008694139
Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and is the only book in the world priced in 141 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number of currencies required among the 192...
Persistent link: https://www.econbiz.de/10005835646
This paper confronts the traditional balance-of-payments (BoP) analytical framework (with its dominant focus on the size of a given country’s current account imbalance and its external liabilities) with the contemporary realities of highly integrated international capital markets and...
Persistent link: https://www.econbiz.de/10005835824