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In this paper, we document the main factors underlying the foreign portfolio inflows to Gulf Corporation Council countries (hereafter GCC) by employing a recently published database of cross-country portfolio holdings by the International Monetary Fund. We find that bilateral factors such as...
Persistent link: https://www.econbiz.de/10005837478
A collection of the papers and digests on the issues related to regional economic and political integration, primarily in the post-Soviet space. An annual publication of the Eurasian Development Bank edited by Evgeny Vinokurov, director of EDB Centre for Integration Studies.
Persistent link: https://www.econbiz.de/10011109008
حقّق مجلس التعاون للدول الخليجية العربية إنجازات ملحوظة منذ إطلاقه في عام 1981، ومبدئيّاً تطوّر من تعاون أمنيّ وعسكريّ إلى تكامل اقتصاديّ يتمثّل في وحدة جمركية...
Persistent link: https://www.econbiz.de/10011109581
Five years after its inception, the Gulf Cooperation Council (GCC) single market is malfunctioning in a litany of ways: there remain restrictions on the movement of goods, capital and labor across political boundaries. This paper describes the GCC single market’s malfunctions. We also propose...
Persistent link: https://www.econbiz.de/10011110550
Our objective in this paper is threefold. First, to identify the major common shocks that hit these countries upon entry into the EMU. Second, taking Greece as our case study, to construct a simple macroeconomic model of the policies Greek governments pursued in the presence of these shocks, and...
Persistent link: https://www.econbiz.de/10011110997
The paper provides a summary of the main conclusion of the EDB System of Indicators of Eurasian Integration, supplemented by an analysis of potential developments in the post-Soviet space.
Persistent link: https://www.econbiz.de/10008490503
Economic integration is defined as the elimination of economic borders between two or more savings. In turn, an economic border demarcation over which any actual or potential mobility of goods, services and factors of production and communication flows, is relatively low. On both sides of a...
Persistent link: https://www.econbiz.de/10005621777
As China’s role in world economy has steadily grown, her importance to the international trading and finance has also increased apace. A joint investigation of the international parity conditions for China and her thirteen major trading partners in Asia Pacific is thus conducted. Monthly...
Persistent link: https://www.econbiz.de/10005025740
State interventions into Labour policies in India are directed towards ensuring both job security and income security … labour by capital, hired casual workers, and set up ancillary units. Consequently, output elasticity of employment has … labour market dualism. Reforms herein are necessary but should be implemented in a careful and phased manner to avoid …
Persistent link: https://www.econbiz.de/10005836599
A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10011260788