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the currency lowers the relative price of non-tradable goods, and this reduces the necessary adjustment in output relative … properties of output. The source of the shock matters: while recessions induced by a drop in the price of exportable goods call …
Persistent link: https://www.econbiz.de/10011394220
"Indonesia's oil revenues and fuel subsidies dominate the nation's economic policy agenda. This paper estimates the impact of higher international oil prices on the Indonesian government's fiscal position in 2008 and beyond. It analyzes the interactions between government revenues and...
Persistent link: https://www.econbiz.de/10010521041
"The authors examine the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural … commodities. b) Crude oil prices have a stronger effect on polyester prices compared with cotton prices. c) Price shocks …
Persistent link: https://www.econbiz.de/10010522665
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subnational jurisdictions, representing almost a quarter of global greenhouse gas emissions (GHG), are putting a price on carbon …
Persistent link: https://www.econbiz.de/10012564684
This paper examines the financing, pricing, and utilization of pharmaceuticals in China the pharmaceutical system as it has evolved, and some changes that would improve it in the context of the national health reform process. The present paper builds upon earlier critical reviews and other...
Persistent link: https://www.econbiz.de/10012247481
representing almost a quarter of global greenhouse gas emissions are putting a price on carbon. Over the past decade the number of …
Persistent link: https://www.econbiz.de/10012248001
The increase in the price of oil and food carry major adverse poverty and macroeconomic implications especially for … impact of the oil price increase on economic growth is likely to be negative and the challenge of crafting appropriate policy … the macro-economic international context. It goes on to describe the consequences of the oil and food price increase for …
Persistent link: https://www.econbiz.de/10012557849
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