Showing 1 - 10 of 912
discussion of flexibility and credibility trade-offs and exit issues. …
Persistent link: https://www.econbiz.de/10005826104
This paper provides an overview of the evolution of macroeconomic thought from 1936, the year John Maynard Keynes published his general theory of employment, interest and money to the year 2010. It explores the reasons for the extension of the business cycle during the postwar period. The paper...
Persistent link: https://www.econbiz.de/10009293018
Many are currently studying the origins of the financial crisis in an attempt to answer two seemingly simple questions: why did it happen, and can another crisis be prevented? Those two questions have proved incredibly divisive. The majority opinion of The United States Financial Crisis Inquiry...
Persistent link: https://www.econbiz.de/10010868620
This paper analyzes the causes and implications of recent financial crises. Financial crises in general lead to changes in both theory and practice of economics. The paper takes an historical overview. The global consensus of economic theory during the 20th century is discussed. The paper...
Persistent link: https://www.econbiz.de/10009145755
international trade. Although Peru´s relations with Asia tend to reinforce its overall position as a mineral exporter, the country … has not experienced significant “de-industrialization”. On the contrary, through aggressive pursuit of free trade … agreements (FTA) and new foreign investment, trade with Asia has increased in scope and diversity, with considerable dynamism in …
Persistent link: https://www.econbiz.de/10010735922
specifying price transmission equations in international trade models Protective policies, such as tariffs and quotas, reduce the …
Persistent link: https://www.econbiz.de/10010881988
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
Purpose – The economic linkages between China and Japan have been strengthened through both trade and Japanese direct … China on the Sino-Japanese bilateral trade. Design/methodology/approach – An index, RRCA, was used to illustrate the changes … that that the relations between Japanese direct investment in China and the bilateral trade are complementary. Research …
Persistent link: https://www.econbiz.de/10005081227
in unit labour costs. Despite this (and despite growth being weaker than expected in the euro zone), NMS foreign trade … continues to perform excellently. Foreign trade has been even more instrumental in generating GDP growth in the first quarter of … 2005 than in the past. It should be pointed out, however, that NMS trade with the 'old' EU has grown at a relatively slower …
Persistent link: https://www.econbiz.de/10009492721
growth in Ukraine has been spectacular, reflecting weak investment demand and the deterioration of foreign trade. By and …
Persistent link: https://www.econbiz.de/10009492722