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We evaluate the impact of the global financial crisis (GFC) and recent structural changes in the patterns of hoarding international reserves (IR). We confirm that the determinants of IR hoarding evolve with developments in the global economy. During the pre-GFC period of 1999-2006, gross saving...
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This paper analyzes the role of investment policies in regimes undergoing trade liberalization with policy makers of uncertain credibility. We consider an economy producing exportable and importable goods. The economy is liberalized, and tariffs are eliminated. The public views the reform...
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This paper analyzes the role of investment policies in regimes undergoing trade liberalization with policy makers of uncertain credibility. We consider an economy producing exportable and importable goods. The economy is liberalized, and tariffs are eliminated. The public views the reform...
Persistent link: https://www.econbiz.de/10013229815
People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World … official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and … commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti …
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