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Indian economy: Selected methodological advances
Joseph, Mathew; Singh, Karan; Dash, Ranjan Kumar; … - 2011
estimates the short and long run elasticities of India's trade. This brings out the need for structural reforms in raising the …. The fiscal stimulus effects indicate the importance of fiscal consolidation efforts to sustain high growth. The trade …
Persistent link: https://www.econbiz.de/10011807659
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Real exchange rates and the long-run effects of aggregate demand in economies with underemployment
Skott, Peter; Rapetti, Martin; Razmi, Arslan - 2012
Successful economic development to a large extent derives from the mobilization of underemployed resources. Demand policy can play an important role. It is critical, however, to consider balance of payments constraints and to ensure an expansion of investment in the modern sector. A combination...
Persistent link: https://www.econbiz.de/10010287792
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Surfing the waves of globalization: Asia and financial globalization in the context of the trilemma
Aizenman, Joshua; Chinn, Menzie D.; Ito, Hiro - 2011
inflation rate. We find that trilemma policy configurations affect output volatility through the investment or trade channel …
Persistent link: https://www.econbiz.de/10010331079
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Changing Paradigm of Indo-Japan Relations: Opportunities and Challenges
Rajamohan, P. G.; Rahut, Dil Bahadur; Jacob, Jabin T. - 2008
India's growing economic strength of recent years has seen it adapting its foreign policy to increase its global influence and status and to meet the challenges of the 21st century. In the past few years, New Delhi has expanded its strategic vision, most noticeably in Asia, and has broadened the...
Persistent link: https://www.econbiz.de/10011807618
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Foreign deficit and economic policy: The case of Mexico
Huerta González, Arturo - 2024
peso is unsustainable. Given the meager growth of the world economy and trade, globalization is being questioned and …
Persistent link: https://www.econbiz.de/10014581887
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A general equilibrium analysis of the impact of inward FDI in Ghana: The role of complementary policies
Arbenser, Lawrence - 2004
The need for external capital (FDI) inflow to finance the current account deficit of developing countries cannot be …. How would an increase in FDI and a reduction in import tariff levels in isolation affect household welfare and other … FDI inflow for a developing economy is the increase in current consumption. It also establishes that policies which ensure …
Persistent link: https://www.econbiz.de/10010343383
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What Drives Target2 Balances? Evidence From a Panel Analysis
Auer, Raphael A. - 2013
What are the drivers of the large Target2 (T2) balances that have emerged in the European Monetary Union since the start of the financial crisis in 2007? This paper examines the extent to which the evolution of national T2 balances can be statistically associated with cross-border private...
Persistent link: https://www.econbiz.de/10011430099
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Age Distributions and the Current Account -A Changing Relation?
Lindh, Thomas; Malmberg, Bo - 1999
In recent research age distribution effects on the current account have been found in cross-country panel regressions. The reason is different effects on saving and investment from cohort-size variation. In a panel of annual OECD data 1960-1995, we find that the age effects on saving are similar...
Persistent link: https://www.econbiz.de/10010321710
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Deregulation and the Current Account
Harms, Philipp - 2002
We use a dynamic general-equilibrium model to study how removing barriers to competition in the nontraded goods sector affects the current account of a small open economy. We show that the expansion of the nontraded sector that results from such a "deregulation shock" is associated with an...
Persistent link: https://www.econbiz.de/10011430037
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Current account patterns and national real estate markets
Aizenman, Joshua; Jinjarak, Yothin - 2008
This paper studies the association between the current account and real estate valuation across countries, subject to data availability [43 countries, of which 25 are OECD], during 1990 - 2005. We find robust and strong positive association between current account deficits and the appreciation...
Persistent link: https://www.econbiz.de/10010285300