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estimates of its impact on inflation, appreciation of the real exchange rate and rising competitiveness of the Romanian economy …
Persistent link: https://www.econbiz.de/10005636123
equilibrium versus the inflation rate diminution and the Balassa-Samuelson effect, the exchange rates and the exchange rate …
Persistent link: https://www.econbiz.de/10005245056
equilibrium versus the inflation rate diminution and the Balassa-Samuelson effect, the exchange rates and the exchange rate …
Persistent link: https://www.econbiz.de/10005078971
Equilibrium real exchange rate provides useful information on the harmonisation of convergence criteria with exchange rate stability criteria; a requirement for accession to the European Monetary Union. This study applies econometric procedures for identifying the equilibrium real exchange rate...
Persistent link: https://www.econbiz.de/10005078968
The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...
Persistent link: https://www.econbiz.de/10010653526
While the global financial crisis was centered in the United States, it led to a surprising appreciation in the dollar, suggesting global dollar illiquidity. In response, the Federal Reserve partnered with other central banks to inject dollars into the international financial system. Empirical...
Persistent link: https://www.econbiz.de/10009293988
and financial stability. Nowadays the monetary policy adopted is based on inflation targeting as a main frame of decision … rationale behind the adoption of inflation targeting, the key features, the international experience and the prerequisites on …
Persistent link: https://www.econbiz.de/10011158628
underpinned by productivity increase could not be sustained, as it would undermine the competitiveness of Czech exports …
Persistent link: https://www.econbiz.de/10005258331
's competitiveness, its definition and measurement. The major characteristic of East Asian economic development is rapid …
Persistent link: https://www.econbiz.de/10008764112
This paper has the aim to point out the risks of reducing the EU competitiveness by analyzing the indicators of price … and cost competitiveness, as well as the structural and technological aspects of competitiveness. The influence of the … world crisis on the competitiveness and export performances of the EU is in the focus in order to show at what extent the …
Persistent link: https://www.econbiz.de/10011122399