Showing 1 - 10 of 158
Purpose – This paper seeks to draw together the various essential elements of the conflict inflation approach within … the context of an open economy and to highlight the importance of global external factors in explaining inflation. Design … conflicting claims equilibrium and inflation. Finally, it provides analytical reasons for believing that the focus of …
Persistent link: https://www.econbiz.de/10014863262
Purpose – This study aims to statistically investigate the place of the eurozone countries in the framework of the international economy and particularly within the most advanced non Euro‐currency countries; second it attempts to explain the eventual discrepancies in the performing of the...
Persistent link: https://www.econbiz.de/10014863359
Analyses how the status of balance of payments follows se\ill\ fulfilling expectations of currency devaluation. It is found that before a currency devaluation, whether the economy w\ill\ experience a balance‐of‐payments surplus or deficit crucial depends on the degree of capital mobility.
Persistent link: https://www.econbiz.de/10014863410
Investigates the time series relationship between export earnings instability and instability in receipts from international tourism for Singapore between 1972 and 1988. Computes four standardized instability indexes for both merchandize exports and international travel receipts, having suitably...
Persistent link: https://www.econbiz.de/10014863436
A switching regression model is employed to test for the presence of financial constraints in the determination of oil exporters′ imports from industrial countries. The main assumption of the model is the exogenous determination of this bloc′s terms of trade. The analysis uses both discrete...
Persistent link: https://www.econbiz.de/10014863843
Purpose – The purpose of this paper is to establish a model to study the determinants of financial flows, portfolio and foreign direct investment (FDI) flows, and the impact of these determinants on economic variables in samples of developing and advanced countries. The analysis then turns to...
Persistent link: https://www.econbiz.de/10014768773
This study analyzes the impact of the North American Free Trade Agreement (NAFTA) on the trade between Mexico and the U.S. NAFTA was signed by the U.S., Canada and Mexico on 17 December 1992 and took effect on 1 January 1994. This research found that NAFTA led to a significant increase in U.S....
Persistent link: https://www.econbiz.de/10014766341
Purpose – The purpose of this paper is to examine Fritz Machlup's method and use of scenario analysis in the policy discussions around exchange rate solutions to balance of payments problems. Design/methodology/approach – The qualitative research on which this paper is based is the...
Persistent link: https://www.econbiz.de/10014884866
Purpose This study aims to discuss the consequences of trade-based money laundering (TBML) and informal remittance services on the sustainability of the position of balance of payments and net foreign assets of a small open economy. Design/methodology/approach This paper uses a case study design...
Persistent link: https://www.econbiz.de/10014886710
Places the concept of “national order” in the context of seventeenth century Europe, describes its characteristics and relates it to mercantilism, i.e. using economic activity to serve the interests of the nation. Outlines the ideas of one merchant of this time, quoting from his writings to...
Persistent link: https://www.econbiz.de/10014940420