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Spillovers from Russia to Neighboring Countries: Transmission Channels and Policy Options
Arzoumanian, Shant - 2023
This paper studies how output fluctuations in Russia are transmitted internationally. Using vector autoregression (VAR) and dynamic panel models, the paper finds that Russia's output fluctuations are an important driver of output fluctuations of countries in the region, especially for oil...
Persistent link: https://www.econbiz.de/10015059091
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Navigating the Evolving Landscape between China and Africa's Economic Engagements
Chen, Wenjie - 2024
China and Africa have forged a strong economic relationship since China's accession to the WTO in 2001. This paper …, especially those heavily dependent on their economic relationship with China. The conclusion offers a discussion of ways how … African countries and China could adapt to the changing relationship …
Persistent link: https://www.econbiz.de/10015058658
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Accelerating and sustaining growth : economic and political lessons
Virmani, Arvind - 2012
dangers and reasons for India's growth slowdown and proposes policy reforms for sustaining fast growth …
Persistent link: https://www.econbiz.de/10009620975
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Public Expenditure and Inclusive Growth - A Survey
Zouhar, Younes - 2021
This paper explores the role of public expenditure in fostering inclusive growth. It starts with a presentation of salient features of public expenditure. Then, it lays out an analytical framework that describes the channels through which public expenditure affects inequality and poverty in the...
Persistent link: https://www.econbiz.de/10015057905
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Unleashing India's Growth Potential
Kotera, Shinya - 2023
This paper analyzes the drivers of India's growth in the past five decades and considers baseline and upside scenarios … of India's medium-term potential growth. Using a production function approach, the paper assesses the impact of the …
Persistent link: https://www.econbiz.de/10015059507
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Financial Sector and Economic Growth in India
MacDonald, Margaux - 2022
India's financial sector has faced many challenges in recent decades, with a large, negative, and persistent credit to …
Persistent link: https://www.econbiz.de/10015060270
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Intra-regional spillovers in South America : is Brazil systemic after all?
Adler, Gustavo; Sosa, Sebastián - 2012
Shocks stemming from Brazil - the large neighbor in South America - have historically been a source of concern for policy-makers in other countries of the region. This paper studies the importance of Brazil's influence on its neighboring economies, documenting trade linkages over the last two...
Persistent link: https://www.econbiz.de/10009618584
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Regionalization vs. globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher M. - 2013
Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles...
Persistent link: https://www.econbiz.de/10009707567
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Trade and Thy Neighbor's War
Qureshi, Mahvash Saeed - 2009
This paper examines the spatial dispersion effects of regional conflicts, defined as internal or external armed conflicts in contiguous states, on international trade. Our empirical findings-based on different measures of conflict constructed using alternate definitions of contiguity and...
Persistent link: https://www.econbiz.de/10012677521
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In Search of WTO Trade Effects
Eicher, Theo S. - 2009
The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has produced remarkably diverse results. Rose's (2004) seminal paper reports a range of specifications that show no WTO effects, but Subramanian and Wei (2007) contend that he does not...
Persistent link: https://www.econbiz.de/10012677726