Showing 1 - 10 of 4,477
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building on neo-institutional theory in sociology, we argue that...
Persistent link: https://www.econbiz.de/10014029183
Ukraine urgently needs a complex programme of far-reaching economic and institutional reform, which will include both short-term fiscal and macroeconomic adjustment measures and medium- to long-term structural and institutional changes
Persistent link: https://www.econbiz.de/10012860963
China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for … Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition …, three risks (both upside and downside) to China during this transition process are considered, focusing on their spillovers …
Persistent link: https://www.econbiz.de/10012913908
This paper investigates China's role in creating global imbalances, and the related call for a massive renminbi … prominence widely attributed to China as a cause of global imbalances and the exclusive focus on the renminbi-dollar exchange … rate as misguided. And we emphasize that China's response to the global crisis has been exemplary. Apart from acting as a …
Persistent link: https://www.econbiz.de/10013137940
's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social …
Persistent link: https://www.econbiz.de/10010397354
The 30 years of reform and opening have brought great material progress to China. By becoming a big country, China …’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 …
Persistent link: https://www.econbiz.de/10014045824
's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social …
Persistent link: https://www.econbiz.de/10013098393
's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social …
Persistent link: https://www.econbiz.de/10009656130
This paper studies the incentives to join or enlarge a monetary union under alternative assumptions about the extent of market reform within the union and in candidate countries. Lack of labour mobility, wage/price flexibility or fiscal reform brings costs for both new entrants and in the...
Persistent link: https://www.econbiz.de/10011689914
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...
Persistent link: https://www.econbiz.de/10010269041