Showing 1 - 10 of 878
This paper develops variants of the model suggested by Glick and Rogoff (1996) and VAR models to analyze short term effects of the main determinants for the current account in Costa Rica. Empirical evidence suggests that, lagged investment, government’s primary surplus, terms of trade,...
Persistent link: https://www.econbiz.de/10011260467
This paper makes a theoretical and an empirical contribution to the debate on what caused the "global imbalances". On the empirical side, I provide different types of evidence to support that housing demand shocks (shocks to the aggregate marginal rate of substitution between housing and...
Persistent link: https://www.econbiz.de/10008619183
highly pertinent for India. A number of challenges have emanated from India’s greater integration with the global financial …
Persistent link: https://www.econbiz.de/10011212788
While referring to the recent study on the 2007-2008 global financial crisis, and cross-border mergers and acquisitions in 26 countries (Reddy, Nangia, & Agrawal, 2014b), this paper aims to further examine the impact of financial crisis on the later form of market in 13 sub-continentals, three...
Persistent link: https://www.econbiz.de/10011251885
This paper investigates how financial, trade, institutional and political liberalization policies have affected financial efficiency in Africa. It uses updated data to appraise second generation reforms in order to gather fresh evidence and derive more updated policy implications. The ‘freedom...
Persistent link: https://www.econbiz.de/10011258749
Abstract This paper examines from the developing countries perspective important analytical and policy issues arising from: a) the current international discussions about corporate governance in relation to the New International Financial Architecture; b) changes in the international competitive...
Persistent link: https://www.econbiz.de/10011259047
The 2007/8 financial crisis exposed and exacerbated the debt pathologies of the ‘West’. The paper examines whether the new global debt relations that have been generated by this crisis have transformed global power politics, changing the way in which the ‘global South’ and the ‘global...
Persistent link: https://www.econbiz.de/10011259196
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 … integration with global financial markets has amplified the complexity of macroeconomic management in India. We analyze the trade …
Persistent link: https://www.econbiz.de/10011259689
Increased integration with global financial markets has amplified the complexity of macroeconomic management in India … India’s experience in negotiating the trade-offs between these varied objectives. We find that to minimize risks associated … with financial fragilities India has adopted a calibrated and gradual approach towards opening of the capital account …
Persistent link: https://www.econbiz.de/10011261001
This paper aims at accomplishing three objectives while drawing attention to the speed of adapting international management practices in emerging markets. Firstly, we summarize 67 extant review studies on entry-mode/internationalization, mergers and acquisitions (M&A) and diversification....
Persistent link: https://www.econbiz.de/10011262869