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Fixed exchange rate regimes have come into disrepute, as their defense has become all but impossible. Yet, while a determined attack on a currency cannot be prevented or, ultimately, withstood, policies can reduce the vulnerability of a country to such attacks. The paper develops an analytical...
Persistent link: https://www.econbiz.de/10005263659
growth determinant. Pul\blic capital, it is argued, has a positive effect on private sector output, productivity and capital …
Persistent link: https://www.econbiz.de/10005625894
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Persistent link: https://www.econbiz.de/10010943497
The logistics industry is one of utmost relevance and principally serves as a motor of private sec-tor development and growth of the economic sectors of a country or region. A logistics industry that is efficient and accessible to everyone is a key element for companies in a country or region in...
Persistent link: https://www.econbiz.de/10009395237
Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank,...
Persistent link: https://www.econbiz.de/10009421326
Recent research conducted by the IDB shows that innovation positively affects productivity growth in the Latin American … dynamics at play in the service sector in the region and the relationship between productivity and innovation in services (as … prolonged productivity lags in the region, while, if well designed and implemented, could have large economic payoffs. This …
Persistent link: https://www.econbiz.de/10009644856
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Persistent link: https://www.econbiz.de/10010895474
The Stock Exchange of Thailand (SET) is an important source of funds for firms and provides opportunities for investors. However, the economic boom of 1990-1996, the Asian Economic Crisis and the recession of 1997-2002 have affected the performance of firms listed at SET. The dividend policies...
Persistent link: https://www.econbiz.de/10009475186
Persistent link: https://www.econbiz.de/10000801205