Narrow search
Showing 1 - 10 of 1,293
Cover Image
Harnessing windfall revenues : optimal policies for resource-rich developing economies
Ploeg, Frederick van der; Venables, Anthony - 2009
A windfall of natural resource revenue (or foreign aid) faces government with choices of how to manage public debt, investment, and the distribution of funds for consumption, particularly if the windfall is both anticipated and temporary. We show that the permanent income hypothesis prescription...
Persistent link: https://www.econbiz.de/10003813611
Cover Image
Banking across borders
Niepmann, Friederike - 2013
Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the international and global activities of banks across countries. This paper develops and tests a theoretical model that explains this variation from an international trade theory...
Persistent link: https://www.econbiz.de/10009707604
Cover Image
Benefits and challenges of integrating South and Southeast Asia
Bhattacharyay, Biswanath - 2012
. However, since 1991, South Asia, particularly India has adopted a "Look East" policy and opened its market raising huge …
Persistent link: https://www.econbiz.de/10009540111
Cover Image
Systemic crises and growth
Rancière, Romain (contributor); Tornell, Aaron (contributor) - 2005
In this paper, we document the fact that countries that have experienced occasional financial crises have, on average, grown faster than countries with stable financial conditions. We measure the incidence of crisis with the skewness of credit growth, and find that it has a robust negative...
Persistent link: https://www.econbiz.de/10002757563
Cover Image
Bringing the Copenhagen global climate change negotiations to conclusion
Whalley, John (contributor); Walsh, Sean (contributor) - 2008
(China, India, Russia, Brazil) on the other. -- Climate change ; global negotiation …
Persistent link: https://www.econbiz.de/10003790759
Cover Image
All about the giants : probing the influences on growth and income inequality at the end of the 20th century
Berry, R. Albert; Serieux, John - 2003
This paper presents estimates of world output growth from 1970 to 2000, the distribution of income among countries and … persons for the years 1980, 1990 and 2000, and world poverty rates for the same years. It also presents the results of a … series of simulation exercises that attempt isolate the effect of particular country and regional experiences on world output …
Persistent link: https://www.econbiz.de/10011514125
Cover Image
The Greek debt crisis : likely causes, mechanics and outcomes
Arghyrou, Michael Georgiou; Tsoukalas, John D. - 2010
We use insights from the literature on currency crises to offer an analytical treatment of the crisis in the market for Greek government bonds. We argue that the crisis itself and its escalating nature are very likely to be the result of: (a) steady deterioration of Greek macroeconomic...
Persistent link: https://www.econbiz.de/10008757569
Cover Image
The global financial cycle and capital flow episodes : a wobbly link?
Scheubel, Beatrice; Stracca, Livio; Tille, Cédric - 2019
We add to the literature on the influence of the global financial cycle (GFC) and gyrations in capital flows. First, we build a new measure of the GFC based on a structural factor approach, which incorporates theoretical priors in its definition. This measure can also be decomposed in a...
Persistent link: https://www.econbiz.de/10012129742
Cover Image
The globalisation of inflation : the growing importance of global value chains
Auer, Raphael A.; Borio, Claudio E. V.; Filardo, Andrew J. - 2017 - This version: 06.01.2017
Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper presents evidence that the expansion of global value chains (GVCs), ie cross-border trade in intermediate goods and services, is an important channel through which global...
Persistent link: https://www.econbiz.de/10011619539
Cover Image
Did globalization influence credit market deregulation?
Eppinger, Peter S.; Potrafke, Niklas - 2015
We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of the Fraser Institute. The results from both...
Persistent link: https://www.econbiz.de/10010528971