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other pacific countries are included, China is notable for its exclusion from the process thus far. This paper uses … numerical simulation methods to assess the potential effects of a TPP agreement on China and the other participating countries …. Simulation results reveal that China will be hurt by TPP initiatives, but the negative effects are relatively small given the …
Persistent link: https://www.econbiz.de/10012460569
In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have … present in China, but not in Russia. Transition in China has taken place under the tight control of the communist party. As a … behavior of local governments in Russia. First, capture by old firms, leading local governments to protect them from …
Persistent link: https://www.econbiz.de/10012471154
real consumption for a select group of nations in Europe and some large countries like China and Russia, but lower in most …
Persistent link: https://www.econbiz.de/10012510589
Using both the onset of the US-China trade war in 2018 and the most recent Russia-Ukraine war and associated trade …
Persistent link: https://www.econbiz.de/10014576650
In March 2020, the Federal Reserve eased the terms on its standing swap lines in collaboration with other central banks, reactivated temporary swap agreements, and then introduced the new Foreign and International Monetary Authorities (FIMA) repo facility. We provide new evidence on how the...
Persistent link: https://www.econbiz.de/10013191076
s, official finance has made a sharp comeback, largely due to the rise of China as an international creditor and the …
Persistent link: https://www.econbiz.de/10012481537
The COVID-19 pandemic spawned a global liquidity crisis in March 2020. The global liquidity crisis was alleviated by the Federal Reserve and other advanced country central banks cooperating by extending the swap lines they developed in the Global Financial Crisis 2007-2008. Central bank...
Persistent link: https://www.econbiz.de/10012482117
In a recent paper, Barrett (2006) reaches the conclusion that in general the answer to the question in the title is no. We show in this paper that a focus on the R&D phase in the development of breakthrough technologies changes the picture. The stability of international treaties improves and...
Persistent link: https://www.econbiz.de/10012463606
Cap-and-trade systems have emerged as the preferred national and regional instrument for reducing emissions of greenhouse gases throughout the industrialized world, and the Clean Development Mechanism -- an international emission-reduction-credit system -- has developed a substantial...
Persistent link: https://www.econbiz.de/10012464215
We examine the role of non-economic partnerships in promoting international economic exchange. Since far-sighted countries are more willing to join costly international partnerships such as environmental treaties, environmental engagement tends to encourage international lending. Countries with...
Persistent link: https://www.econbiz.de/10012464658