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integration and their impact on trade, growth and poverty in the world's two dominant developing countries in emerging markets …
Persistent link: https://www.econbiz.de/10013082540
growth. Our econometric analysis shows that this is indeed true but only beyond a GDP per capita threshold of about USD 14 …,800. We see this result tightly connected to the notion of a functional middle-income trap. Escaping this growth trap is …
Persistent link: https://www.econbiz.de/10012154255
The worldwide trend towards privatisation, liberalisation and globalisation has produced substantial economic benefits. Nevertheless, liberalisation has had its shortcomings and there are potential threats to further progress, including in particular an anti-liberalisation backlash. Continuing...
Persistent link: https://www.econbiz.de/10014026087
trade and financial links among countries. Literature on growth spillovers shows various gains obtained by this interaction …. In this context, this work aims to analyze the possible effects of a potential economic growth downturn in China, Germany … and United States on the growth of other economies. To assess the interdependence among countries, we use global auto …
Persistent link: https://www.econbiz.de/10012936156
The article discusses the actual economic situation of contemporary China from the point of view of monetary-Keynesianism. The analysis suggests as a theoretical-empirical postulate that the sufficient condition for the completion of the process of transformation of the Chinese economy and its...
Persistent link: https://www.econbiz.de/10013147748
Using a structural vector auto-regression (SVAR) model, this paper examines the size, geographical sources, and transmission channels of global and regional shocks to the Armenian economy. Results show that Armenian economic activity is strongly influenced by global demand shocks and changes in...
Persistent link: https://www.econbiz.de/10012999760
External exposure can be measured by the sensitivity of first and second moments of economic growth to openness and … sample of countries. Controlling for domestic conditions, the paper examines the growth and volatility effects of outcome …' growth rates, international real interest rate changes, and net regional capital inflows. The paper analyzes the possibility …
Persistent link: https://www.econbiz.de/10014061959
his essay places the first blueprint for the Intellectual Property Currency (IPC) funding that the International Central Bank for Intellectual Properties (ICB/IP) would issue to finance the implementation of intellectual capital and the generation of the next one. The blueprint formulates the...
Persistent link: https://www.econbiz.de/10014084592
This essay places the second version of the blueprint for the Intellectual Property Currency (IPC), in which we have updated the first one with more detailed descriptions in depth. The IPC would be issued by the International Central Bank for Intellectual Property (ICB/IP) upon request when the...
Persistent link: https://www.econbiz.de/10013405587
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436