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policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10010469677
Persistent link: https://www.econbiz.de/10010509119
liberalization on growth, taking into account constraints imposed by the ‘Mundell's trilemma'. The model, calibrated to data for …
Persistent link: https://www.econbiz.de/10013043486
policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10013029623
physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …
Persistent link: https://www.econbiz.de/10012696550
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …
Persistent link: https://www.econbiz.de/10010346735
approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade … openness increases economic growth, but this empirical evidence remains contested. Our empirical results on the long … growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …
Persistent link: https://www.econbiz.de/10013184444
Using panel data for 68 countries over the period 1975-2002 this paper examines how IMF programs, disbursed loans, and compliance with conditionality affect the risk of currency crises and the outcome of such crises. Specifically, we investigate whether countries with previous IMF intervention...
Persistent link: https://www.econbiz.de/10010277757
green growth (IGG) in Africa. Our contribution is novel from both the conceptual and empirical perspectives. With regard to …
Persistent link: https://www.econbiz.de/10013262630
The purpose of the paper is to show that the nature of the relationship between governance and democracy varies depending on how the two terms (of a political discourse) are defined, that when the definition of one term encompasses distinctive features of the other we find that governance and...
Persistent link: https://www.econbiz.de/10011817112