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Price and Volume Effects of a Devaluation in Developing Countries
Kouwenaar, Arend - 1991
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395982
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Ghana : will it be gifted or will it be cursed?
Aydin, Burcu - 2011
Persistent link: https://www.econbiz.de/10009486324
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Ghana : Will it Be Gifted or Will it Be Cursed?
Aydin, Burcu - 2011
Will Ghana’s oil production from 2011 accelerate progress toward middle-income status, or will it retard gains in … techniques. Results confirm that resource rich countries in Ghana’s income range do experience slower growth than their more … diversified peers, an effect that appears to be related to weaker governance. Provided that Ghana can preserve and improve its …
Persistent link: https://www.econbiz.de/10014399413
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External Debt Histories of Ten Low-Income Developing Countries : Lessons From their Experience
Ross, Kevin - 1998
social strife). Future policies should limit the need for external financing and create an environment conducive to …
Persistent link: https://www.econbiz.de/10014400423
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The sources of business cycles in a low income country
Houssa, Romain; Mohimont, Jolan; Otrok, Christopher M. - 2015
We examine the role of global and domestic shocks in driving macroeconomic fluctuations for Ghana. We are able to study …. We find that global shocks play a more dominant role in South Africa than in Ghana. These shocks operate through three …
Persistent link: https://www.econbiz.de/10011281912
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A Pecking Order Theory of Capital Inflows and International Tax Principles
Yuen, Chi-Wa - 1996
Even though financial markets today show a high degree of integration, the world capital market is still far from the textbook story of high capital mobility. The purpose of this paper is to highlight key sources of market failure in the context of international capital flows and to provide...
Persistent link: https://www.econbiz.de/10014398697
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How green are green debt issuers?
Schmittmann, Jochen Markus; Teng, Chua Han - 2021
Green debt markets are rapidly growing while product design and standards are evolving. Many policymakers and investors view green debt as an important component in the policy mix to achieve the transition to a low carbon economy and ensure the pricing of climate risks. Our analysis contributes...
Persistent link: https://www.econbiz.de/10012605577
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Shocks, financial dependence, and efficiency : evidence from U.S. and Canadian industries
Estevão, Marcelo M.; Severo, Tiago - 2011
Persistent link: https://www.econbiz.de/10009423208
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Shocks, Financial Dependence, and Efficiency : Evidence From U.S. and Canadian Industries
Estevão, Marcello M. - 2011
The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based on panel regressions using 31 U.S. and Canadian industries between 1991 and 2007, and using industries'' dependence on external funding as an identification mechanism, we show...
Persistent link: https://www.econbiz.de/10014398575
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Financing of Global Imbalances
Punzi, Maria Teresa - 2007
, as a means of establishing conditions affecting the financing of the U.S. current account deficit. To test the hypothesis …
Persistent link: https://www.econbiz.de/10014401259