Showing 1 - 10 of 409
Since the mid-1990s, sustainability of large and persistent current account positions have been attracting much … attention from policy makers and economists alike. Alongside global imbalances, sustainability of imbalances within the euro … body of theoretical and empirical literature on sustainability of external imbalances, a systematic survey has been lacking …
Persistent link: https://www.econbiz.de/10014021013
China’s trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China’s foreign trade and China’s role in global trade have...
Persistent link: https://www.econbiz.de/10014016858
Leistungsbilanzungleichgewichte und der Abbau von Defiziten -- Determinanten der Leistungsbilanz und der Einfluss … harmonisieren. Der Inhalt Leistungsbilanzungleichgewichte und der Abbau von Defiziten Determinanten der Leistungsbilanz und der …
Persistent link: https://www.econbiz.de/10014019225
A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. This book analyzes the main issues and individual regions,...
Persistent link: https://www.econbiz.de/10012053806
The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the...
Persistent link: https://www.econbiz.de/10012053993
1. Foreign Currency Flows and the Jamaican Economy -- 2. Foreign Currency Borrowing and Foreign Debt Sustainability …. Currency Depreciation and Economic Growth -- 6. Balance of Payments and Capital Account Sustainability -- 7. Net International …
Persistent link: https://www.econbiz.de/10012397178
This book extends Thirlwall's model and adapts its implications to the current problems facing developed and emerging economies. In this context, this book combines theoretical models and empirical applications, unveiling new results and highlighting the importance of the balance of payments as...
Persistent link: https://www.econbiz.de/10012106315
This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the … small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long …
Persistent link: https://www.econbiz.de/10014016345
time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and …
Persistent link: https://www.econbiz.de/10014021349
primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from … implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized … surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and …
Persistent link: https://www.econbiz.de/10013521220