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In this paper a distinction is made between the immediate technical-financial causes that unleashed the crisis in the United States, and its macroeconomic causes, which also explain its international transmission. Two formal paradigmatic models are considered. The first is Li's formula on...
Persistent link: https://www.econbiz.de/10013127167
and developing economies. Global liquidity, economic policy uncertainty and other risk factors, such as the US yield …-type fashion. Regarding push factors, our study focuses on the relative importance of global liquidity and economic policy …
Persistent link: https://www.econbiz.de/10012314337
The US government debt is now in uncharted waters. From the founding of the nation until 1968, government debt moved up … default on US government bonds in the near future. However, there is evidence that Americans have already borne the costs of … period 1995 to 2014, US economic growth was more than 1 percentage point lower than it would have been at a debt level below …
Persistent link: https://www.econbiz.de/10012889022
and developing countries. Quoted against the US dollar, we study twenty-three global currencies over the time period 2005 …
Persistent link: https://www.econbiz.de/10012605811
Industrialized countries and emerging economies must cooperate in order to decarbonize the emissions-intensive industrial sector and to limit global warming to 1.5 degrees Celsius. While Germany and the other G7 countries have committed to supporting emerging economies in their efforts to combat...
Persistent link: https://www.econbiz.de/10013410739
The COVID-19 pandemic has underscored the need for better tracking and monitoring domestic and international investments in health, including on pandemic preparedness. The total official support for sustainable development (TOSSD) framework can help, as it captures both cross‑border flows to...
Persistent link: https://www.econbiz.de/10012801192
The OECD Survey on Blended Finance Funds and Facilities represents a major step forward to consolidate evidence and provide further policy guidance in support of the OECD DAC Blended Finance Principles, whose focus is unlocking commercial finance for the Sustainable Development Goals. This...
Persistent link: https://www.econbiz.de/10012137012
Persistent link: https://www.econbiz.de/10013133365
activity and its role in transmitting global shocks. A consideration of dominant actors and strategies of intermediating … commitment to price stability with managed exchange rates and no concern for tight liquidity control, the opposite of IMF … focused on the relationship between domestic money market liquidity and cross-currency strategies. Indeed, an important policy …
Persistent link: https://www.econbiz.de/10013114139
characterizing feature of microfinance or whether the same risk factors associated with excessive credit growth lead "as in the …
Persistent link: https://www.econbiz.de/10008758753