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the combination of economic policies adopted by the two key economies, the US and China. Global financial markets served … economic policies followed by emerging markets such as China and the oil-exporting countries contributed to the US ability to …
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Our study shows that China could contribute to an orderly global rebalancing by a package of policies to stimulate its …. With these policies, China's external surplus can be narrowed along with an improvement of its domestic imbalances. The …
Persistent link: https://www.econbiz.de/10012724800
We analyse global and euro area imbalances by focusing on China and Germany as large surplus and creditor countries. In …
Persistent link: https://www.econbiz.de/10013059563
This paper investigates whether Southern African Development Community countries that are vulnerable to changes in oil prices could instead substitute oil and petroleum products with biofuels and gas from within the region. A pooled mean group estimator was used to determine the impact of oil...
Persistent link: https://www.econbiz.de/10012003797
supply of corporate savings increased by over 20 percentage points as a share of total global savings. These trends were … neoclassical model imply that the labor share fluctuates and the sectoral composition of savings affects macroeconomic allocations … of the observed changes in labor shares and corporate savings. The non-unitary elasticity of substitution between capital …
Persistent link: https://www.econbiz.de/10013105240
This paper proposes that globalization can affect household saving in the long run in a number of ways. Social interactions between different cultures can induce value changes, which can result in shifts in consumption and saving behavior. International trade allows consumers to have easier...
Persistent link: https://www.econbiz.de/10012933726
within the Sub-Saharan African (SSA) economies. With a re-specified inter-temporal consumption framework, the savings … and techniques were employed. The long-run correlation of savings and investments were investigated with the use of robust … economies are significantly and substantially financed by global savings. This implies that global integration has increased in …
Persistent link: https://www.econbiz.de/10012019985