Showing 1 - 10 of 8,665
Persistent link: https://www.econbiz.de/10012917121
While it is too early to confirm the depth and the sustainability of this new trend towards slower globalisation, it may be happening in more domains than we are fully aware of, at least for the near term given the renewed backdrop of the Russia-Ukraine war and the wider use of sanctions globally.
Persistent link: https://www.econbiz.de/10013475414
self-adjusting mechanism except China. Short-run current account adjustment towards long-run equilibrium path is gradual …
Persistent link: https://www.econbiz.de/10010288866
self-adjusting mechanism except China. Short-run current account adjustment towards long-run equilibrium path is gradual …
Persistent link: https://www.econbiz.de/10008986621
We propose a multi-country dynamic general equilibrium model to quantify the implications of trade and FDI liberalizations for the surge of global trade and current account (CA) imbalances. We calibrate our model to replicate the evolution of bilateral trade and FDI flows across 5 major...
Persistent link: https://www.econbiz.de/10012840844
This paper examines the extent to which government policies are responsible for the pattern of current account (trade) imbalances and, by implication, the extent to which such policies might be used to achieve the G-20 goal of reducing imbalances. Fiscal balances and foreign exchange...
Persistent link: https://www.econbiz.de/10012930730
.e. the United States and China, are of a relatively smaller magnitude. Nevertheless, it is worth noting that the share of … China in CEE trade has been dynamically expanding (especially in the years 2010-2013), whereas that of the US economy has … in China's share of global trade, in large part at the expense of the United States …
Persistent link: https://www.econbiz.de/10012949485
In a two-country DSGE model, the effects of foreign demand shocks on the home country are greatly amplified if the home economy is constrained by the zero lower bound on policy interest rates. This result applies even to countries that are relatively closed to trade such as the United States....
Persistent link: https://www.econbiz.de/10014200926
China has been accused exchange rate manipulation that has caused large U.S. trade deficits, which have reduced U … imbalances are deeply deleterious to China's welfare almost make it a moral imperative for the United States to use tariffs to … force an RMB appreciation for China’s own good. The truth, however, is that: - The claim that a 40 percent appreciation of …
Persistent link: https://www.econbiz.de/10014045825
This study seeks to investigate theimpactof China'sexchange rate onthe trade balance of 41 Sub-Saharan African …
Persistent link: https://www.econbiz.de/10012145684