Showing 1 - 6 of 6
This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate regime, financial risk, and capital account openness. We use a panel data set of a sample of Asian countries over the period 1980 to 2012. Our results indicate that private and...
Persistent link: https://www.econbiz.de/10011373932
Persistent link: https://www.econbiz.de/10009618576
, and current account liberalization; and (ii) inflation and various determinants, including lagged inflation, the nominal … exchange rate, the exchange regime, and liberalization. We find that in our sample, for the determinants of growth, investment … and the real exchange rate are significant determinants but not the exchange regime or liberalization; and for inflation …
Persistent link: https://www.econbiz.de/10014412156
consumption, the exchange regime and real exchange rate, and current account liberalization, using various econometric … on growth and that more flexible exchange regimes are beneficial to growth. The real exchange rate and liberalization …
Persistent link: https://www.econbiz.de/10012667477
In the last few decades there has been little convergence of income levels in Latin America with those in the United States, in sharp contrast with both emerging Asia and emerging Europe. This paper argues that lack of convergence was not the result of low investment. Latin America is poorer...
Persistent link: https://www.econbiz.de/10012252005
We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt sustainability for three fast-growing Southeast...
Persistent link: https://www.econbiz.de/10011716457