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Scheme in rural China by estimating a static game with incomplete information. Using a rich dataset from the China Health and …
Persistent link: https://www.econbiz.de/10013085066
We study theoretically and empirically how consumers in an individual private longterm health insurance market with …
Persistent link: https://www.econbiz.de/10012952588
for the balance and sustainability of China’s own economicdevelopment as well as the associated implications for the … fromattaining full convertibility or meeting other prerequisites for achieving reserve currencystatus. Ultimately, China will …
Persistent link: https://www.econbiz.de/10009486955
’ external balance sheets is shifting to the asset side.However, emerging markets continue to look for more insurance against … balance ofpayments crises, even as self-insurance through reserve accumulation itself becomes riskier.I propose a mechanism … for global liquidity insurance that would meet emerging markets’demand for insurance with fewer domestic policy …
Persistent link: https://www.econbiz.de/10009522212
We document the recent phenomenon of uphill flows of capital from nonindustrial toindustrial countries and analyze whether this pattern of capital flows has hurt growth innonindustrial economies that export capital. Surprisingly, we find that there is a positivecorrelation between current...
Persistent link: https://www.econbiz.de/10005861353
Is the Chinese growth miracle - a remarkably high growth rate sustained for over twodecades - likely to persist or are the seeds of its eventual demise contained in the policiesthat have boosted growth? For all its presumed flaws, the particular approach tomacroeconomic and structural policies...
Persistent link: https://www.econbiz.de/10005862311
' external balance sheets is shifting to the asset side. However, emerging markets continue to look for more insurance against … balance of payments crises, even as self-insurance through reserve accumulation itself becomes riskier. I propose a mechanism … for global liquidity insurance that would meet emerging markets' demand for insurance with fewer domestic policy …
Persistent link: https://www.econbiz.de/10013119287
Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by the crisis, the paper asks whether there is a difference in the behaviour of foreign and domestic firms. One hypothesis is that foreign multinationals are less...
Persistent link: https://www.econbiz.de/10013121748
Egypt, Morocco and Tunisia face challenges competing on the global markets, as shown by their relatively low and stagnant export shares. The limited export competitiveness has hampered external demand, growth and employment. Applying, for the first time to North Africa, the stock-flow approach...
Persistent link: https://www.econbiz.de/10013071447
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10013160313