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In this paper, we examine the IMF''s role in maintaining the access of emerging market economies to international capital markets. We find evidence that both macroeconomic aggregates and capital flows improve following the adoption of an IMF-supported program, although they may initially...
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,6 Prozent). Die hohe wirtschaftliche Dynamik in China wird sich vorerst nur wenig verringern. So dürfte die Weltwirtschaft im … Weltwirtschaft. Das reale BIP nimmt 2007 nur noch um 1,2 Prozent zu (vorher: 1,0 Prozent). Damit wird sich die Lage auf dem …
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Globalization improves the prospects for developing countries (DCs) to catch up economically with industrialized … countries. But not all DCs will automatically benefit from globalization. Some DCs even face the risk of being delinked from the … between rich and poor countries in the world economy. Many observers draw an overly pessimistic picture of the perspectives of …
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Globalised markets and production patterns offer favourable opportunities to raise world income. Yet globalisation also … prepared to meet the challenge of fiercer competition on world goods and factor markets. In industrialised countries, low … countries could have raised their share in world welfare gains if they had committed themselves more strongly to binding trade …
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