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LIBERALIZATION POLICY: ‘FITS & STARTS' OR GRADUAL CHANGE IN INDIA
Ansari, Mohammed I.; Gang, Ira. N - Department of Economics, Rutgers University-New Brunswick - 1999
In this paper we assess the impact of external economic liberalization in India on the transmission of aggregate shocks … eight variable vector autoregression (VAR) model. We also test two propositions regarding the nature of India …, interest rates, and prices for India and its world counterparts. The analysis is extended to include dummy variables and …
Persistent link: https://www.econbiz.de/10005800429
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The Real Exchange Rate and Growth in Zimbabwe: Does the Currency Regime Matter?
Brixiová, Zuzana; Ncube, Mthuli - William Davidson Institute, University of Michigan - 2014
Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment, declining share in the world exports, high current account deficits, and external debt. The stock-flow approach to the equilibrium exchange rate reveals that the real exchange rate...
Persistent link: https://www.econbiz.de/10010936535
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The Real Exchange Rate and Growth in Zimbabwe: Does the Currency Regime Matter?
Brixiova, Zuzana; Ncube, Mthuli - Institute for the Study of Labor (IZA) - 2014
Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment, declining share in the world exports, high current account deficits, and external debt. The stock-flow approach to the equilibrium exchange rate reveals that the real exchange rate...
Persistent link: https://www.econbiz.de/10010891170
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Impact of Global Financial Crisis on IDB Member Countries: The Case of Gulf Cooperation Council and Sub-Saharan Africa
Iqbal, Zafar - In: The Pakistan Development Review 47 (2008) 4, pp. 583-601
2008 was a challenging year for the Islamic Development Bank (IDB) Group as well as its member countries because of unprecedented crises (food, energy, financial and economic crises). In particular, the ongoing global financial and economic crisis is source of concern for the IDB Group because...
Persistent link: https://www.econbiz.de/10008530755
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Democracy, openness and jumps in growth
Deana, Gabriele; Gamba, Andrea - KITeS, Centre for Knowledge, Internationalization and … - 2008
We identify multiple structural breaks in a growth series using the econometric method developed by Bai and Perron (1998, 2003). We then regress the indicator of detected positive and negative breaks on three kinds of explanatory variables: external shocks, institutions and policies. Our results...
Persistent link: https://www.econbiz.de/10005087153
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Economic Reforms and the Poor
Strauss, Tove - Stiftelsen facköreningsrörelsens Institut för … - 2000
This paper analyzes the effects of economic reforms for different income groups. My interest is spurred by the international debate on the social consequences of reforms and the potential adverse effects on poverty in particular. I find that the poor are in general positively affected by trade...
Persistent link: https://www.econbiz.de/10005190696
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Structural Reforms, Uncertainty, and Private Investment
Strauss, Tove - Stiftelsen facköreningsrörelsens Institut för … - 2000
Since almost two decades back a large number of LDCs have embarked on World Bank supported structural adjustment programs with the objective to promote econ-omic growth and private investment. I consider how the design of reform programs can increase reform credibility and thus reduce...
Persistent link: https://www.econbiz.de/10005648659
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FULL Capital Account Convertibility:India's Readiness in the context of Financial Integration
Bhattacharya, Sulagna - Volkswirtschaftliche Fakultät, … - 2009
, India occupies a dominant space. According to IMF and other reports, India would come in the top three of the economically … countries. This paper examines the status of readiness of India in adopting a fully convertible capital account, keeping in mind …
Persistent link: https://www.econbiz.de/10005837216
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Post-Crisis Capital Account Regulation in South Korea and South Africa
Baumann, Brittany; Gallagher, Kevin - Political Economy Research Institute (PERI), University … - 2013
In the immediate aftermath of the global financial crisis, the world economy was characterized as experiencing a ‘two-speed’ recovery. Industrialized nations, where the crisis occurred, saw slow growth whereas many emerging market and developing countries grew significantly. These growth...
Persistent link: https://www.econbiz.de/10010691879
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Latvia’s incoming in European Union economic effect estimation
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2010
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353