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Financial stabilization systems, economic growth of developing countries and EU’s STABEX

Aiello, Francesco - Volkswirtschaftliche Fakultät, … - 2002

Understanding the impact of instability of export receipts on the economic growth of developing countries has been an important area of research in development economics for a long time. A substantial body of literature has documented a wide range of empirical regularities according to which...

Persistent link: https://www.econbiz.de/10011259186

Globalization and Productivity in the Developing World

Foellmi, Reto; Oechslin, Manuel - School of Economics and Political Science, Universität … - 2012

We explore the productivity impact of international trade in a monopolistically competitive economy with endogenous mark-ups due to credit market frictions. We show that reducing trade barriers in such an environment (i) may - but not necessarily must – have a negative impact on productivity...

Persistent link: https://www.econbiz.de/10009653431

Assessing the export performance in transition countries: the case of the Republic of Moldova

STRATAN, Alexandru; CLIPA, Victoria - In: Romanian Journal of Economics 33 (2011) 2(bis)(42), pp. 113-129

Despite their common legacy of central planning and of a new beginning in the ’90s, transition countries have achieved different export performances. Although there is not a consensus among economists on the dimension of exports impact on economic growth, the non-performance or poor...

Persistent link: https://www.econbiz.de/10010538968

Measurement of Costs and Benefits of Accession to the European Union for Selected Countries in Central and Eastern Europe

Mortensen, Jorgen; Richter, Sandor - Wiener Institut für Internationale … - 2000

This paper is the final report of a research project whose aim was to analyse the methodology of calculating the costs and benefits for the Czech Republic, Hungary, Poland and Slovenia of the envisaged accession to the European Union. The research focused particularly on the impact of the...

Persistent link: https://www.econbiz.de/10009649620

Cape Verde and Mozambique as Development Successes in West and Southern Africa

Braga de Macedo, Jorge A.; Pereira, Luis Brites - National Bureau of Economic Research (NBER) - 2010

This paper applies an interpretation of how globalization and governance (G&G) interact with convergence given Cape … diversification (an indicator of globalization) and income convergence (an indicator of governance) in the sub-regions of West and … that trade openness drives convergence and export diversification in Western Africa (which is becoming more diversified …

Persistent link: https://www.econbiz.de/10008727868

How Did China Take Off?

Huang, Yasheng - In: Journal of Economic Perspectives 26 (2012) 4, pp. 147-70

There are two prevailing perspectives on how China took off. One emphasizes the role of globalizationâ€”foreign trade and investments and special economic zones; the other emphasizes the role of internal reforms, especially rural reforms. Detailed documentary and quantitative evidence...

Persistent link: https://www.econbiz.de/10010815798

Successes and Failures of Development Experience Since the 1980s

Ranis, G - Economic Growth Center, Economics Department - 1996

This paper reviews the development experience since the 1980s and finds room for guarded optimism about what we can learn form it. A global consensus is emerging on the need for macro-economic stability through prudent fiscal, monetary and foreign exchange policies.

Persistent link: https://www.econbiz.de/10005783518

Market Imperfections, Wealth Inequality, and the Distribution of Trade Gains

Oechslin, Manuel; Foellmi, Reto - Institut für Volkswirtschaftslehre, … - 2006

We explore the role of the ownership structure of capital in an economy that suffers from barriers to entry and an imperfect financial system. In such an environment, an unequal distribution of capital provides an explanation for trade flows and trade gains even when countries do not differ in...

Persistent link: https://www.econbiz.de/10005760906

El papel estratégico de los BRICS en la era del capitalismo cognitivo y financiero

Sarmiento, Álvaro Zerda - UN - RCE - CID - 2012

En este documento se analiza el surgimiento y papel que el conjunto de países agrupados en la sigla BRICS (Brasil, Rusia, India, China y Sudáfrica) puedan desempeñar en la economía mundial, dentro del marco de la crisis internacional por la que atraviesa el capitalismo. También se...

Persistent link: https://www.econbiz.de/10010762733

Causality and Efficiency in the Coffee Futures Market

Kebede, Yohannes - Volkswirtschaftliche Fakultät, … - 1992

Tests for causality and rationality in the coffee futures market were carried out using data from the New York Market. Tests of causality indicated that futures prices strongly influence variations in spot price eight weeks or more to maturity. However, beginning seven weeks to maturity there...

Persistent link: https://www.econbiz.de/10005836401

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