The extraordinary height of the U.S. current account deficits in the 90s gave rise to concern, a variety of papers and political recommendationsrevealing the very contrary opinions of economists on the subject.From this alarming evolution, the question of sustainability of such a...

Many developing countries have adopted investor-friendly policies in recent years in order to attract export-oriented foreign direct investment (FDI). The effects of these policies on the external accounts have been largely ignored. This paper endogenizes FDI inflows in a structuralist general...

The purpose of this study is to construct a macroeconometric model for theSaudi Arabian economy in order to assess the effects of external shocks through suchvariables as the price of (oil) exports, real (oil) exports, and the price of imports. Thismodel follows the methodology of the aggregate...

Thesis (Ph. D.)--University of Rochester. Dept. of Economics, 1982.

This paper examines the core aspects of China’s economic rebalancing process (from industry to services and innovations, from investment to consumption, and from exports to domestic demand), presents the main economic policy measures adopted to that end by China’s government, paying special...

En esta nota estadística se presenta la metodología aplicada en la compilación de las estadísticas complementarias de inversión exterior directa (IED) en España por última economía inversora, según el principio direccional y con datos coherentes con la balanza de pagos/posición de...

"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...

"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...