Showing 1 - 10 of 57
FDI have been successful in preventing more active liberalization and in moving to deal with indirect barriers. New data …
Persistent link: https://www.econbiz.de/10005162672
What should the World Bank optimally do with the US$10 to $20 billion it can loan each year? Has it, in fact, done what is optimal? These two questions, one theoretical and one empirical, have been around for a long time and remain controversial in both academic and policy circles. This study...
Persistent link: https://www.econbiz.de/10005509594
This paper analyzes recent changes in the relative importance of the determinants of capital flows to emerging market economies. For this purpose, we estimate vector autoregressive (VAR) models for the period 2009-2020. Based on these models, we estimate the effects on debt flows from shocks to...
Persistent link: https://www.econbiz.de/10013162023
In this paper we analyze the impact and persistence of shocks to global (push) and domestic (pull) factors on each component of the financial account for the Mexican Balance of Payments at the highest degree of disaggregation, including investment by foreign residents in Mexican public and...
Persistent link: https://www.econbiz.de/10011788965
Two aspects of global imbalances—undervalued exchange rates and sovereign wealth funds (SWFs)—require a multilateral response. For reasons of inadequate leverage and eroding legitimacy, the International Monetary Fund (IMF) has not been effective in dealing with undervalued exchange rates....
Persistent link: https://www.econbiz.de/10005012841
This paper examines the impact of trade liberalization under NAFTA on the productivity of the Mexican automobile … liberalization and productivity for medium size establishments, but not for small or large establishments. This finding is consistent … with that of other authors, who find that trade liberalization results in higher productivity for some firms, but not for …
Persistent link: https://www.econbiz.de/10013162016
Despite six decades of trade liberalization, trade policies in rich countries still discriminate against the exports of …
Persistent link: https://www.econbiz.de/10008517881
discontent related to liberalization and globalization. What is needed are reform mechanisms that give incentives and comfort to …
Persistent link: https://www.econbiz.de/10005162633
The paper presents some results revealing the existence of the Balassa-Samuelson effect in Romania as well as some estimates of its impact on inflation, appreciation of the real exchange rate and rising competitiveness of the Romanian economy. * Study within the CEEX Programme Project No....
Persistent link: https://www.econbiz.de/10010527403
How big is China’s aid to Africa? Does it complement or undermine the efforts of traditional donors? China releases little information, and outside estimates of the size and nature of Chinese aid vary widely. In an effort to overcome this problem, AidData, based at the College of William and...
Persistent link: https://www.econbiz.de/10010839518