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rule for the non-oil primary fiscal balance compatible with an objective for reducing the debt-to-non-oil GDP ratio; (ii …) introducing a constant oil-based income transfer per capita allowing intergenerational equity; and (iii) building up an oil …
Persistent link: https://www.econbiz.de/10005248171
Uganda has registered one of the most impressive economic turnarounds of recent decades. The amelioration of conflict and wide ranging economic reforms kick-started rapid economic growth that has now been sustained for some 20 years. But there is a strong sense in policy making circles that...
Persistent link: https://www.econbiz.de/10005248159
Unit value export and import indices compiled from returns to customs authorities are often used as surrogates for … price indices in the measurement of inflation transmission, terms of trade (effects), and to deflate import and export value …
Persistent link: https://www.econbiz.de/10005248193
explicitly the role of export opportunities. Our results indicate that globalization does not affect firm exit significantly but … switched products as an offensive strategy to take advantage of the export opportunities created by trade liberalization. …
Persistent link: https://www.econbiz.de/10005263707
This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...
Persistent link: https://www.econbiz.de/10005263716
movements on the domestic economy of a country pursuing sound economic policies. The measure is a withholding tax on all private …
Persistent link: https://www.econbiz.de/10005263778
This study provides evidence that episodes of internal stability of exchange rates among the 11 Euro countries during 1957-98 were associated with periods of lower real commodity price volatility. These stabilizing effects are statistically significant for fertilizer, metals, petroleum, and...
Persistent link: https://www.econbiz.de/10005263979
The resumption of strong capital flows into emerging markets in mid-2009 brought back the debate over whether pull or push factors are the main determinants. This paper, using panel specifications with alternative measures of global liquidity, asks the question whether G-4 liquidity expansion...
Persistent link: https://www.econbiz.de/10009369433
oil-exporting developing countries, and investigates reasons for systematic differences in the non-oil export performance …This paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major … across these economies. The analysis reveals that oil-rich Africa lags behind other oil-exporters in terms of diversification …
Persistent link: https://www.econbiz.de/10005826047
Current U.S. trade policy stresses establishing free trade areas (FTAs) with partners spanning the globe. Motivations include enhancing goods and services trade; stimulating investment flows; extending standards on intellectual property rights, labor, and the environment; and addressing...
Persistent link: https://www.econbiz.de/10005768757