Showing 1 - 10 of 355
, particularly on exports. We then go on to 'augment' the standard gravity model with relevant variables from the World Bank …
Persistent link: https://www.econbiz.de/10008519501
This paper investigates whether banking crises are associated with declines in bilateral exports. We first develop a … simple open economy model in which banking crises translate into negative liquidity shocks, leading to collapses in exports … countries over the period 1988-2010. The results suggest that crisis-hit countries experience lower levels of bilateral exports …
Persistent link: https://www.econbiz.de/10010790269
lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …
Persistent link: https://www.econbiz.de/10011242206
understanding of European exports: where exports values are created, the role of vertical supply links in export growth, what is …
Persistent link: https://www.econbiz.de/10011242362
GDP indicate non-oil export volumes are relatively responsive while service exports are less responsive. Downward … Europe and emerging markets presents further downside risks for exports. The Maghreb countries are particularly sensitive to …
Persistent link: https://www.econbiz.de/10011142158
In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of Italy’s export market share. Overall, Italy...
Persistent link: https://www.econbiz.de/10011142167
This paper proposes an approach to track US$1 trillion of emerging market government debt held by<br>foreign investors in local and hard currency, based on a similar approach that was used for advanced<br>economies (Arslanalp and Tsuda, 2012). The estimates are constructed on a quarterly basis from...
Persistent link: https://www.econbiz.de/10011142032
This paper examines the financial stability implications arising from securitization markets, with one eye on the past and another on the future. The paper begins by deriving a number of “lessons learned†based on an examination of key industry developments in the years before the...
Persistent link: https://www.econbiz.de/10011142086
This paper aims to clarify possible systemic bottlenecks to the introduction of advanced PFM reforms in the SEE countries. It relates key fiscal developments to PFM reform processes over the last 15 years. PFM reform strategies must be realistic, with clear objectives and timetables, and with...
Persistent link: https://www.econbiz.de/10012677774
This paper critically reviews recent work regarding the sustainability of public debt. It argues that Debt Sustainability Analyses (DSAs) should be more than mere mechanical simulation exercises. Instead, a DSA should be linked to some objective regarding the distribution of fiscal burdens and...
Persistent link: https://www.econbiz.de/10012689867