Showing 1 - 10 of 33
Services sector in India contributes more than 60% of the overall gross domestic product (GDP) and more than 40% of … imports) in economic growth of India using autoregressive distributed lag and vector error correction model (VECM) methodology …-led growth in India during the post-reform period. …
Persistent link: https://www.econbiz.de/10010669664
Under the assumption of intertemporal balance, current foreign reserve holdings should equal the present value of the sum of future current account and financial account balances. To satisfy the intertemporal balance, a testable condition indicates that the change in foreign reserves needs to...
Persistent link: https://www.econbiz.de/10010691759
This paper reports on an empirical investigation of the impact of GDP volatility on current account balances for a large sample of developed and developing countries. We extend the standard set of short- and long-term determinants of current accounts to include GDP volatility computed from the...
Persistent link: https://www.econbiz.de/10010669617
The complex nature of ‘international outsourcing’ makes it difficult to quantify its employment and broader impacts on national economies. Indeed, available evidence on the extent of ‘offshoring’ by US firms is scant, rendering analyses of its economic impacts as...
Persistent link: https://www.econbiz.de/10011130192
The study explores the contributory powers of urbanisation, services sector expansion and development assistance on per worker income in Fiji over the periods 1981-2009 using the ARDL bounds approach. The results show that sectors like tourism, information and communications technology,...
Persistent link: https://www.econbiz.de/10010816764
This paper seeks to review a selection of ten salient critical claims about Economic and Monetary Union (EMU) that were heard in the 1990s in either the Political Science literature or the Economics literature or both. In this paper, the author focuses on five salient Political Science claims...
Persistent link: https://www.econbiz.de/10010691755
After the fuzziness in Europe that surrounded the implementation of the excessive deficit procedure foreseen by the Stability and Growth Pact (SGP), the European Union had to restore the credibility of the weakened fiscal rule. The constraint was to keep alive the Treaty of Amsterdam. Indeed, an...
Persistent link: https://www.econbiz.de/10010691758
EMU's design is seriously flawed. Monetary union was established without political union, creating a single eurozone economy that cannot be governed with the combination of macroeconomic policy instruments that modern national governments have. Its exceptionally independent central bank, the...
Persistent link: https://www.econbiz.de/10010669620
consumption and domestic consumption has remained at 78% and 22%, respectively for a long time now. India's coffee growers … suffered from government's restrictive attitude until economic reforms introduced in 1991. India's membership of WTO agreement … detailed analysis of the trend in India's external trade in coffee. …
Persistent link: https://www.econbiz.de/10009352433
The financial market always increases or decreases due to some information. At present, stock markets have been showing extremely unpredictable movement, which is only due to new pieces of information, and news or events. The economy of any country is evaluated by the stock market and this stock...
Persistent link: https://www.econbiz.de/10009352436