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politics, more or less close to the proposals of the Washington Consensus. Paraguay itself, however, neither suffered a debt … applied in Paraguay during the nineties were close to the Washington Consensus. The most striking macroeconomic result of the … persistently high levels of poverty incidence in Paraguay to date, understanding the determinants of growth at the household level …
Persistent link: https://www.econbiz.de/10010281806
The main economic variables have oscillated widely during the 1992 2005 period in Paraguay, in association with some … 1991 by Argentina, Brazil, Paraguay and Uruguay) region via Paraguay. The agricultural success was based on a recovery of … would prefer to buy these products re-exported from Paraguay, rather than importing themselves from outside MERCOSUR, which …
Persistent link: https://www.econbiz.de/10010286647
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This paper challenges the conventional view according to which disinflations in LAC-even from low and moderate peaks-have been carried out at no cost to output. After suggesting a new methodology that allows for long-lived effects and inflation inertia when measuring costs of disinflations,...
Persistent link: https://www.econbiz.de/10010293509
Las causas de la explosión de desempleo y de la escasa creación de empleos ocurridas en la Argentina hasta 1995 y sus perspectivas futuras son los dos hilos conductores de este documento. Aquí se presenta una interpretación que se profundiza para el caso de la Argentina.
Persistent link: https://www.econbiz.de/10010327004
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China monetary policy, as well as its transmission, is yet to be understood by researchers and policymakers. In the spirit of Taylor (1993, 2000), we develop a tractable framework that approximates practical monetary policy of China. The framework, grounded in relevant institutional elements,...
Persistent link: https://www.econbiz.de/10011776819
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Some developing countries borrow abroad and experience good growth (above 2 %), which we call good growth, while others borrow and have poor growth (below 1 %), which we label as bad growth. The data comprise all 443 available observations of borrowing for one 5-year period and average growth...
Persistent link: https://www.econbiz.de/10010334517