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markets as well as exports and imports of Germany, Greece, Ireland, Italy, Portugal and Spain. The magnitude of the proposed …
Persistent link: https://www.econbiz.de/10012933366
The objective of this paper is to discuss macroeconomic policies that would help African countries, especially the low income countries, reach strong, sustained and shared growth in the post-crisis world. The paper first reviews, with a special focus on LICs, macroeconomic policies in Africa...
Persistent link: https://www.econbiz.de/10013131525
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus on the determinants of growth inclusiveness and suggest options for reform. A cross cross-country empirical analysis suggests that fiscal redistribution, monetary policy aimed...
Persistent link: https://www.econbiz.de/10013025498
Objective: The objective of this article is to examine the role of democracy in strengthening the resilience of developing economies in the face of exogenous negative external shocks. Research Design & Methods: To achieve our research objectives, we used the duration model to estimate how...
Persistent link: https://www.econbiz.de/10012803277
Purpose - Under the background of the overall increase of China's economic policy uncertainty and the urgent need for the transformation and upgrading of the substantial economy, this paper studies the time-varying causality between China's economic policy uncertainty and the growth of the...
Persistent link: https://www.econbiz.de/10012874754
Transportation infrastructure is indispensable for the diversification of an economy. This paper investigates the empirical link between transportation infrastructure and diversification of the Nigerian economy. Descriptive demonstrations are adopted to provide a situational focus to the study,...
Persistent link: https://www.econbiz.de/10012896342
This paper reviews the main macroeconomic trends and the debate on policy priorities in Italy since the end of the … Nineties. In the decade up to the outbreak of the global crisis (1998-2007), in Italy the reform process came to a virtual … factors masked the difficulties of the productive system. Had Italy been better positioned in terms of public finances and …
Persistent link: https://www.econbiz.de/10013055989
This paper reviews the main macroeconomic trends and the debate on policy priorities in Italy since the advent of EMU …. It argues that, in the decade up to the outbreak of the global crisis (1998-2007), in Italy the reform process came to a … productive system. Had Italy been better positioned in terms of public finances and structural features in 2007, some of the …
Persistent link: https://www.econbiz.de/10014144603
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10013043592
Most small island economies or "microstates" have distinctly different characteristics from larger developing economies. They are more open and vulnerable to external and environmental shocks, resulting in high output volatility. Most of them also suffer from locational disadvantages. Although a...
Persistent link: https://www.econbiz.de/10003725454