modern firms) and an intermediate goods sector. It is shown that market integration reduces the volatility of the rate of …

volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 … countries over the period 1966-2001. We find that once the volatility of aid is controlled for, aid has a positive impact on … economic growth. Correspondingly, volatility of aid flows is found to be negatively related to growth. We found no significant …

The process of globalization encompasses economic and financial integration. Abolition of capital controls and … and inflation rates. China has recently adopted International Financial Reporting Standards (IFRS) in her efforts to … in a way that fosters further economic growth in China. …

discrepancies have followed secular trends, which are most likely related to financial globalization and changes in monetary policy …

This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the … future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were …

This paper analyzes the relation between exchange rate volatility and several macroeconomic variables, namely real per … find that lower exchange rate volatility is associated with higher growth (for relatively less financially developed …