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shocks and inappropriate policies. Exogenous shock (terms-of-trade shocks, natural disasters and capital flow reversals) can … crisis are often the result of external shocks and poor management. While the worlds of agriculture are vast, varied and … offers new opportunities to hundreds of millions of rural poor to move out of poverty. Similarly, the construction industry …
Persistent link: https://www.econbiz.de/10005836865
This paper studies the effect of trade openness on output volatility. We find that trade openness generally increased … control for government size and some measures of external risk, such as terms of trade volatility and export concentration … output volatility, although this effect was stronger and more significant during 1950-1975 than during 1975-2000. However, if …
Persistent link: https://www.econbiz.de/10005835511
Many computable general equilibrium models have been set up recently, in order to assess the benefits of trade …
Persistent link: https://www.econbiz.de/10005619297
The volatility of exchange rates leads to a reduction of international trade volumes, especially in emerging economies … exchange rate volatility on trade using monthly time series for the last ten years from 2000 up to 2011. By means of a Vector … including the South Mediterranean countries. This study discusses the impact of exchange rates on bilateral South- North trade …
Persistent link: https://www.econbiz.de/10011110154
This paper examines the effects of trade on economic growth and growth volatility. Using the 1967-1975 closure of the … recession or economic slowdown. There is no evidence that trade reduces growth volatility, however. … Suez Canal as an instrument for trade, I find that trade leads to higher economic growth, and lower probability of …
Persistent link: https://www.econbiz.de/10011112311
The conflict between the income based and nutrition based estimates of poverty is a widely debated issue in economic … function can reconcile the conflict between the two measures of poverty. In addition, a simple general equilibrium model using … pattern of trade. …
Persistent link: https://www.econbiz.de/10009323236
Education in every sense is one of the fundamental factors of development. No country can achieve sustainable economic development without substantial investment in human capital. Education enriches people’s understanding of themselves and world. It improves the quality of their lives and...
Persistent link: https://www.econbiz.de/10005619571
Pakistan has been experiencing robust economic growth for the past few years. The macroeconomic position as exhibited by the real sector growth, fiscal indicators and external balance has reasonably improved. However the big question remains; will Pakistan be able to sustain these growth levels?...
Persistent link: https://www.econbiz.de/10005620073
carefully, trade and investment can help promote economic growth and alleviate poverty. The paper empirically examines the … impact of trade and investment on poverty alleviation in Pakistan by employing the Johansen-Juselius (1990) approach to …-à-vis poverty. While investment is a key to promoting economic growth, trade openness can also help by improving business climate …
Persistent link: https://www.econbiz.de/10011107654
The general perception is that high food prices in India have increased poverty and that trade reforms will further … opportunities for poverty alleviation. Global trade reform reinforces this effect for all rural population groups. An increase in … urban poverty partly offsets the overall poverty reduction. While India's trade measures effectively isolate sectors from …
Persistent link: https://www.econbiz.de/10011110486