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Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital … markets may adversely affect their own growth prospects. This paper examines the implications of China’s WTO accession for …
Persistent link: https://www.econbiz.de/10014403900
The analysis of China's impacts on the 44 SSA countries reveals that: (i) after joining the WTO in 2001, China has … started to impact significantly on SSA growth: one-percent increase in China's GDP per capita leads to 0.02 percent increase … on the SSA's GDP per capita; (ii) oil and investment-goods exporters benefit more from China's growth; (iii) compared to …
Persistent link: https://www.econbiz.de/10011781254
Persistent link: https://www.econbiz.de/10009419615
This paper provides a quantitative assessment of the impact of economic growth in the United States on growth in other countries. Using panel data estimation, the paper finds a significant positive impact of U.S. growth on growth in the rest of the world, especially developing countries, during...
Persistent link: https://www.econbiz.de/10014403535
This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect...
Persistent link: https://www.econbiz.de/10014399990
The financial crisis, originated from the collapse of US housing markets in 2008, reverberates around the world. Its destructive force was felt nowhere more keenly than Western Europe. Indeed, it continues to mire in financial volatility as the debt problem contagiously spreads around the...
Persistent link: https://www.econbiz.de/10014398383
Persistent link: https://www.econbiz.de/10010389478
BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of loan commitments and the degree of concessionality using a panel vector autoregression model and...
Persistent link: https://www.econbiz.de/10014397783
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10014394381
India''s exports nearly tripled in the 1990s. Decomposing export growth shows that it has been driven by incumbent …
Persistent link: https://www.econbiz.de/10014404025