Showing 1 - 10 of 1,656
The future looked bright for Argentina in the early twentieth century. It had already achieved high levels of income … per capita and was moving away from authoritarian government towards a more open democracy. Unfortunately, Argentina never …
Persistent link: https://www.econbiz.de/10012463440
We use new data on manufacturing in Canada to quantify the impact of globalization on the growth and composition of … controlling for these factors, we find that greater exposure to globalization shaped the pattern of regional industrialization in …
Persistent link: https://www.econbiz.de/10012481264
W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...
Persistent link: https://www.econbiz.de/10012464805
years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in … world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … causal: the globalization of commodity and factor markets served to play a critical, perhaps the critical, role in …
Persistent link: https://www.econbiz.de/10012473616
kinds of financial crises for four countries (Argentina, Australia, Canada, and the United States) over the long-run …
Persistent link: https://www.econbiz.de/10012457380
This work explores how Argentina overcame the Great Depression and asks whether active macroeconomic interventions made …-standard orthodoxy after the final suspension of convertibility in 1929. As elsewhere, fiscal policy in Argentina was conservative, and …
Persistent link: https://www.econbiz.de/10012471138
Argentina's policy of devaluation with redenomination in 2002, in contrast to Mexico's policy of devaluation without debt … redenomination in 1994-1995, shows that devaluation benefited tradables firms, and that dollar debt redenomination in Argentina … investment by high energy users in Argentina, and that benefit was apparent also in positive stock returns of those firms …
Persistent link: https://www.econbiz.de/10012466017
We use more than one century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy …
Persistent link: https://www.econbiz.de/10012466032
deepening industrializing economy such as" Argentina's. Yet the promise of this trend was unfulfilled: first the outbreak of …The long-run economic performance of Argentina since World War One has been relatively disappointing until recently …
Persistent link: https://www.econbiz.de/10012472576
The paper reviews the Argentine debt experience in the past ten years. The emphasis is on the interaction between relative prices, financial instability, budget .deficits, inflation and debt accumulation. A longer run perspective shows that the continuing fiscal problems have stood in the way of...
Persistent link: https://www.econbiz.de/10012476690