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Relations between national public and private savings, domestic investment, and the current account are analyzed with … literature. The results from the two approaches are rather different. The simulation results indicate that private savings … largely offset public savings (and vice versa) in the short run. In contrast with findings in partial models, a smaller effect …
Persistent link: https://www.econbiz.de/10008871155
Relations between national public and private savings, domestic investment, and the current account are analyzed with … savings largely offset public savings (and vice versa) in the short run. In contrast with findings in partial models, a … smaller effect of aggregate savings on investment is found and government deficits tend to increase current account imbalances. …
Persistent link: https://www.econbiz.de/10008836425
Global modeling has evolved remarkable in the last two decades. Such evolution led global modeling to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to...
Persistent link: https://www.econbiz.de/10005623330
Within the context of the Sustainable Development Goals (SDGs), the gender equality in education is considered one of the most challenging goals for most developing economies. Using Panel Least Square with Regional Dummies (LSDV) for a sample of Developing countries over the period 1990 to 2014,...
Persistent link: https://www.econbiz.de/10013233487
The Indian government has taken a number of incremental measures to liberalize legal and administrative impediments to international capital movements in recent years. This paper analyzes the extent to which the effectiveness of capital controls in India, measured by the domestic less net...
Persistent link: https://www.econbiz.de/10005836349
While a growing amount of economic evidence has emerged that capital controls as a tool may both be ineffective for many of their stated purposes, there has been little examination of their long-term effects that can harm rather than help entrepreneurship in emerging markets. The purpose of this...
Persistent link: https://www.econbiz.de/10011258070
This paper addresses the issue of foreign exchange and capital controls in the context of the Southern African Development Community’s goal of regional integration. It reviews the theory and evidence surrounding current and capital account liberalisation and argues that there is a lack of...
Persistent link: https://www.econbiz.de/10011259599
In this paper we investigate the different nuances of India’s capital account management through empirical analyses as well as descriptive discussions. In particular we study the evolution of the capital control regime in India since 1991, and explore the rationale behind liberalizing certain...
Persistent link: https://www.econbiz.de/10011259689
Increased integration with global financial markets has amplified the complexity of macroeconomic management in India. The diverse objectives of a robust growth rate, healthy current account deficit, competitive exchange rate, adequate external capital to finance investment, moderate inflation,...
Persistent link: https://www.econbiz.de/10011261001
Capital inflows can be a mixed blessing, especially in economies with thin domestic financial markets and when driven by investors with a short-term focus. Many levers of policy can be applied to resist the effects of the inflows. One that has been widely relied upon has been currency...
Persistent link: https://www.econbiz.de/10008871301