Showing 1 - 10 of 954
This paper surveys the academic and policy debate on the origins of global imbalances, their prospects after the global crisis, and their policy implications. A conventional view of global imbalances considers them to primarily result from macroeconomic policies and cyclical forces that cause...
Persistent link: https://www.econbiz.de/10015361188
Countries in Central, Eastern and South Eastern Europe have been hit hard by the global crisis. There is a need to rethink the growth model because a return to thestatus quo antedoes not seem realistic.
Persistent link: https://www.econbiz.de/10015360085
emission in the long run; the trade volume does not directly affect the emission of CO 2 in Japan. Besides, the ratio of the …, trade and commerce, focusing on different regions, including the Middle East, Africa, and Southeast Asia. Investigation from … a developed country perspective is understudied. Hence, this research aims at analysing how trade and commerce …
Persistent link: https://www.econbiz.de/10014621179
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 … contributed not only to the increase of Chinese exports to Japan, but also to the increase of Chinese imports from Japan. This …
Persistent link: https://www.econbiz.de/10014847507
countries, with the exception of Japan and to some extent, South Korea. Originality/value – In this respect, the trade spillover …Purpose – The purpose of this paper is to incorporate the spillover effects of trade on East Asian productivity, namely … China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore and Thailand. Design/methodology/approach – This study …
Persistent link: https://www.econbiz.de/10015040286
/methodology/approach – Using time series data for the USA, Canada, Japan and Australia over the period 1960‐2008, the authors test the asymmetric … relationship between government size and terms‐of‐trade volatility by applying multivariate hidden cointegration analysis. Findings … – The findings show that high terms of trade volatility are positively related to government spending in the all sample …
Persistent link: https://www.econbiz.de/10014863329
This paper develops a simple model to study the impact of stock markets on the current account. The model allows for an arbitrary number of risky assets, which form an incomplete market, as well as a risk-free bond. A closed-form solution for the current account is derived from the optimal...
Persistent link: https://www.econbiz.de/10014588346
Although substantial current account deficits can be sustained indefinitely, large deficits in goods and services trade … cannot be. Even to stabilise the current account deficit, the United States must restore balance in goods and services trade …
Persistent link: https://www.econbiz.de/10014591476
Purpose – The purpose of this paper is to determine whether current account imbalances – surpluses or deficits – are “excessive” and hence constitute a valid concern. The second objective is to assess the degree of capital mobility by comparing the variance of the current account...
Persistent link: https://www.econbiz.de/10014863327
Purpose – To reflect on the process of trade between cultures. Design/methodology/approach – Fictional poem. Findings …
Persistent link: https://www.econbiz.de/10014641051