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The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that … various countries are implementing industrial and protectionist policies. If Mexico continues to bet on outward growth through … nearshoring, it will have no chance of overcoming the problems it faces. Mexico cannot continue with an economic policy that does …
Persistent link: https://www.econbiz.de/10014551305
This paper investigates both the effects of domestic monetary policy and external shocks on fundamental macroeconomic variables in six fast growing emerging economies: Brazil, Russia, India, China, South Africa and Turkey - denoted hereafter as BRICS_T. The authors adopt a structural VAR model...
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The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in...
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We study the effects of international monetary, income and prices shocks on domestic income through the external trade channel in 16 African countries between 1970 and 2012, using a SVAR Model. The results emphasize that domestic income is exposed to international shocks through the impacts of...
Persistent link: https://www.econbiz.de/10012963199