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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
This paper investigates a monetary model of exchange rate determination: an extension of the Krugman basic target zone model with price inertia applied to the French Franc. We consider a novel theoretical argument, the Threshold Cointegration, such that the long-run relationship between the...
Persistent link: https://www.econbiz.de/10005669452
The paper analyses a relationship between monetary aggregate M2 and inflation in a small open economy. The relationship between monetary expansion and inflation as well as a dynamic of income velocity of money framework in a small open economy are discussed in more details in the paper. Authors...
Persistent link: https://www.econbiz.de/10005036707
After a quarter of a century of floating among the major currencies, exchange rate policy is still source of vexation, and the appropriate choice is by no means clear. Should a country allow its currency to float, subject perhaps to exchange market interventionl from time to time? Or should it...
Persistent link: https://www.econbiz.de/10005245579
The purpose of this article is to explain the decrease in the fixed exchange rate regimes we have experienced the last decades. Our econometric approach is duration analysis, and the explanatory variables used are taken from the literature on optimum currency areas. The sample consists of 51...
Persistent link: https://www.econbiz.de/10005647135
1984 führte Singapur ein System medizinischer Sparkonten ein, die so genannten “Medisave Accounts”, von Einzelpersonen … Gesundheitswesens in Singapur einzudämmen, die 1999 bei etwa 2,6 Prozent des Bruttoinlandsproduktes (Deutschland: 10,5) lagen. Trotz … dieser niedrigen Aufwendungen ist das Einkommen der Ärzte in Singapur im Verhältnis zum Durchschnittslohn genauso hoch wie …
Persistent link: https://www.econbiz.de/10010993965
ILO pub. Working paper on a case study of three multinational enterprises in the electronics industry in Singapore …
Persistent link: https://www.econbiz.de/10010965732
Based on interviews with officers and workers in four banks and four insurance companies in each country.
Persistent link: https://www.econbiz.de/10010965801
Discusses how to use franchising as a means of integrating the informal sector into mainstream economic life.
Persistent link: https://www.econbiz.de/10010965803
Describes the development of labour market analysis as an alternative approach to manpower planning and reviews the current state of labour market data collection, analysis and dissemination in ten countries. Identifies good practice in the development and use of labour market information for...
Persistent link: https://www.econbiz.de/10010965901