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of foreign organizations such as the World Bank and the International Monetary Fund and the behavior of peer countries …
Persistent link: https://www.econbiz.de/10014027565
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …
Persistent link: https://www.econbiz.de/10013068213
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …
Persistent link: https://www.econbiz.de/10012976061
economic management in the developed world and the economic models that guide it. The crisis has revealed major market failures … market-state balance, macroeconomic management, globalization, development financing, and public spending. On the one hand … should largely reinforce the Post-Washington Consensus on development that has emerged over the past decade -- a world view …
Persistent link: https://www.econbiz.de/10012976477
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
projections and scenario analysis. Such forecasting has become increasingly challenging, thanks to the rapid pace of globalization … the world urgently need to see the big picture if they are to deal with the specific challenges and opportunities they …-house researchers and global experts who work on state-of-the-art models related to globalization, technological progress and …
Persistent link: https://www.econbiz.de/10012973755
playing field' would be ineffective and result in destructive conflicts in the World Trade Organization. Lack of progress at …
Persistent link: https://www.econbiz.de/10012974889
, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …
Persistent link: https://www.econbiz.de/10012975999
international trade. As world trade is set to rebound, this paper addresses three questions: (i) Will trade volumes rebound in a … symmetric fashion as world economic growth rebounds? (ii) Will the crisis result in a change in the structure of trade, and in …
Persistent link: https://www.econbiz.de/10012976553
Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for...
Persistent link: https://www.econbiz.de/10012911376