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Should policymakers still be concerned about economic growth in trading partners? Have developing and emerging market countries decoupled from the US enough to grow despite significant recession in the US? Using VAR models, this paper addresses these questions for Nigeria in the context of the...
Persistent link: https://www.econbiz.de/10012677490
This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading partners, as well asfrom the real effective exchange rate (REER). Our results show there are significant cross-country spillovers to the Baltics with those from the EU outweighing...
Persistent link: https://www.econbiz.de/10012677789
Persistent link: https://www.econbiz.de/10012691055
purpose of this paper is to shed light on supply-side constraints that prevented Burundi's economy from growing faster. Lack … of investment, civil conflict, economic inefficiencies, state intervention in the economy, and regulatory restrictions …
Persistent link: https://www.econbiz.de/10012677702
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected …
Persistent link: https://www.econbiz.de/10009622526
Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10012677549
We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic … monetary or nominal exchange rate policy-by including two aspects of the economy explicitly in the model …
Persistent link: https://www.econbiz.de/10012677576
paper shows that while rebalancing China's growth toward a domestic-demand-led economy would likely raise aggregate e …This paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward … existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China's case …
Persistent link: https://www.econbiz.de/10012677831
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting...
Persistent link: https://www.econbiz.de/10014409050
This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the...
Persistent link: https://www.econbiz.de/10014409072