A panel data analysis is used to evaluate the effects on openness/inequalities relationship of such factors as factor endowments, associated trade diversification paths, openness of low wage Asiatic countries and technological bias in imports. The focus is on Latin America. Predictions of...

The real exchange rate alone cannot decide the fate of growth. The wider and less aggregative the model adopted, the lower is the effect of a currency depreciation. Especially when the depreciation monitored over a long period of time and integrated into the behaviour of economic actors. In the...

In this work, we are interested in studying the profile synchronization between world economies before and after the concept of globalization and economic integration. Initially, an analysis of features of macroeconomic fluctuations is developed. Two approaches have been developed;the traditional...

This paper analyzes the effects of the high economic openness of West African economies coupled with liability dollarization, on their economic activities. By using a dynamic stochastic general equilibrium model in a small open economy framework, and performing an experiment based on a case of...

This paper examines the role of democracy in strengthening the resilience of developing economies in the face of exogenous external shocks. Our study uses the duration model to estimate how external shocks and democracy determine the probable duration of a spell of economic growth. Examining a...

Tunisia is considered one of the best performing countries in terms of economic growth among countries in the Middle East and North Africa. During the past 30 years, this growth was 5% on average. At the same time, the country has opted very early for a very pronounced policy of opening to the...

This paper empirically analyzes the impact of agricultural exports on economic growth in Tunisia. Econometrical specifications are based on a neoclassical production function to explain this goal and the data cover the period 1988-2014. Empirical results show that agricultural exports have a...