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’s actions created huge spillovers on other countries. The result has been a rise in trade tension between China and its trade … partners. Recently, some have claimed that China’s prolonged large trade surpluses have undermined global financial stability …The 30 years of reform and opening have brought great material progress to China. By becoming a big country, China …
Persistent link: https://www.econbiz.de/10014045824
trade, in which Chinese mainland imports parts and components from neighboring East Asian economies and then exports final …
Persistent link: https://www.econbiz.de/10014175186
This paper focuses on roots of strain in the European Monetary Union (EMU). It argues that there is need for a thorough reform of the governance structure of the Union in conjunction with radical changes in the regulation and supervision of financial markets. Financial intermediation has gone...
Persistent link: https://www.econbiz.de/10011430884
We present a theoretical framework for policy making based on the "impossible trinity" or the "trilemma" hypothesis. A simple optimization model shows that placing more weight in terms of preference for each of the three open macroeconomic policies - exchange rate stability, financial market...
Persistent link: https://www.econbiz.de/10010397242
We present a theoretical framework for policy making based on the "impossible trinity" or the "trilemma" hypothesis. A simple optimization model shows that placing more weight in terms of preference for each of the three open macroeconomic policies - exchange rate stability, financial market...
Persistent link: https://www.econbiz.de/10010236385
Membership in the European Union requires national economic policies to be oriented towards the Community goals of economic growth, stability and cohesion. When entering the EU in 1995, Austria's economy was characterized by a high productivity level and a successful hard currency policy, i.e....
Persistent link: https://www.econbiz.de/10012917631
This paper focuses on roots of strain in the European Monetary Union (EMU). It argues that there is need for a thorough reform of the governance structure of the Union in conjunction with radical changes in the regulation and supervision of financial markets. Financial intermediation has gone...
Persistent link: https://www.econbiz.de/10009423173
contributions and group them in four research directions: overall economic implications of Brexit; Brexit and trade; migration and …
Persistent link: https://www.econbiz.de/10012505368
Persistent link: https://www.econbiz.de/10000753945
An examination of Brexit and its initial impact on the main stock markets in the Greater China Region (GCR) was … insignificant, except for Hong Kong. Overall, China’s stock markets do not seem to be panicking and overreacting to unfolding events …
Persistent link: https://www.econbiz.de/10011883261