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This 2005 Human Development Report takes stock of human development, including progress towards the MDGs. Looking beyond statistics; it highlights the human costs of missed targets and broken promises. Extreme inequality between countries and within countries is identified as one of the main...
Persistent link: https://www.econbiz.de/10008467219
of trade with China became less friendly. Today, GDP in North Korea is reportedly lower than in 1990, notwithstanding a …
Persistent link: https://www.econbiz.de/10012203362
This paper provides a simple dynamic neo-Keynesian model that can be used to analyze the impact of monetary policy that considers inflation targeting in a small open economy. This economy is characterized by imperfect competition and short-run price rigidity. The main findings of the paper are...
Persistent link: https://www.econbiz.de/10005769155
Recent empirical and theoretical literature on the impact of real exchange rate devaluations on economic performance questions the traditional expansionary effect generated within standard Mundell-Fleming models. Contractionary devaluations may arise when firms face maturity or currency...
Persistent link: https://www.econbiz.de/10003775738
negatively associated with trade receivables, trade payables, and inventories, conditional on the level of contract intensity in …
Persistent link: https://www.econbiz.de/10010198205
-market shocks are negatively associated with trade receivables, trade payables, and inventories, conditional on the level of …
Persistent link: https://www.econbiz.de/10013073328
An influential school of thought views the current international monetary and financial system as Bretton Woods reborn. Today, like 40 years ago, the international monetary system is composed of a core, which has the exorbitant privilege of issuing the currency used as international reserves,...
Persistent link: https://www.econbiz.de/10005607284
The research in this paper is focus on macroeconomic analysis of trade and other relevant indicator for real economy … such as government net debt, exchange rate, interest rate, and especially the correlation between trade and growth. Today … trade is challenge for economists of small developing countries. The mail goal in this paper is theoretical analysis of some …
Persistent link: https://www.econbiz.de/10009151295
was a modernizing movement, a radical alteration of the production-trade system, composition and population distribution …
Persistent link: https://www.econbiz.de/10008756507
environment that captures the effects of interregional and intersectoral trade in propagating disaggregated productivity changes … pairwise interregional trade across all 50 U.S. states, 26 traded and non-traded industries, labor as a mobile factor, and … matches the U.S. input-output matrix. Using data on trade flows by industry between states, as well as other regional and …
Persistent link: https://www.econbiz.de/10011083376