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Predicting the timing of currency and banking crises is likely to remain an elusive task for academics, financial market participants, and policymakers. Few foresaw the Asian crises and fewer still could have imagined their severity. However, recent events have highlighted the importance of...
Persistent link: https://www.econbiz.de/10008531929
reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … consumption, imports and corrent account, i) we show why a stable and growing inflation differential is not sustainable, but argue … that internal devalution is not an effective policy, pushing inflation rates to a worrisome lower level and even outright …
Persistent link: https://www.econbiz.de/10011261122
unstable external and internal values. The most evident one is the reduction of a long-term inflation rate. The objective of … regions and of different development levels. The results suggest that the monetary integration influences the inflation …
Persistent link: https://www.econbiz.de/10011114230
The authors turn to the large family of institutions that came into existence in post-Soviet Eurasia (and, in some ways, beyond it) over the last two decades. The researchers review their current state, agenda, real and perceived mandate, and their respective achievements and constraints. The...
Persistent link: https://www.econbiz.de/10014118027
An innovative aspect of this paper is evidenced through its recommendation of the Micro-Savings Requirement Scheme - which offers numerous benefits – as will be highlighted in this paper. Furthermore, the paper not only addresses how linkages, direct and facilitating linkages, can benefit...
Persistent link: https://www.econbiz.de/10011260333
An innovative aspect of this paper is evidenced through its recommendation of the Micro-Savings Requirement Scheme - which offers numerous benefits – as will be highlighted in this paper. Furthermore, the paper not only addresses how linkages, direct and facilitating linkages, can benefit...
Persistent link: https://www.econbiz.de/10011261110
paper surveys the evidence from Asia and Latin America and contrasts experiences in the two regions. Studies on the former …
Persistent link: https://www.econbiz.de/10009278286
Dierences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross- country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...
Persistent link: https://www.econbiz.de/10005622016
Supermarkets, specialized wholesalers, and processors and agro-exporters’ agricultural value chains have begun to transform the marketing channels into which smallholder farmers sell produce in low-income economies. We develop a conceptual framework through which to study contracting between...
Persistent link: https://www.econbiz.de/10008784620
that have the potential to improve health outcomes in Africa and Asia. The project focuses on rigorous, quantitative …
Persistent link: https://www.econbiz.de/10008871306