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International Openness and Social Development as Endogenous Determinants of Growth
Goczek, Łukasz - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2011
We study empirically the impact of social indicators on growth in the context of FDI and trade. In this article, we … argue that the positive growth effects of FDI and trade arise from factors such as knowledge spillovers or technological … upgrading. Therefore, the effect of FDI and trade depends on the structural and sectoral investment composition, which depends …
Persistent link: https://www.econbiz.de/10009370942
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Foreign capital, inflation, sterilization, crowding-out and growth : some illustrative models
Singh, Nirvikar; Srinivasan, Thirukodikaval N. - 2004
This paper discusses some puzzles in the contemporary macroeconomic scene in India, from the perspective of public finance and economic development. These include a fiscal deficit higher than it was during the 1991 crisis, but without a large current account deficit or rise in inflation or...
Persistent link: https://www.econbiz.de/10011520530
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Asia's labour-driven economic development, flying-geese style: An unprecedented opportunity for the poor to rise?
Ozawa, Terutomo - 2006
The notion of ‘shared growth’ was introduced by the World Bank in recognition of East Asia’s rapid growth accompanied … (explanation). There is a more essential, underlying region-wide mechanism that simultaneously promotes regionalized growth and … have fortuitously coalesced to engender a considerably favourable condition for Asia’s rapid catch-up growth in which …
Persistent link: https://www.econbiz.de/10010284765
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Would a Growth Slowdown in Emerging Markets Spill Over to High-income Countries?: A Quantitative Assessment
Ollivaud, Patrice; Rusticelli, Elena; Schwellnus, Cyrille - Economics Department, Organisation de Coopération et … - 2014
Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical … effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances … countries’ growth could be around ⅔ percentage points lower on average, with around ½ percentage point accounted for by trade …
Persistent link: https://www.econbiz.de/10011276844
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Economic Integration, Inequality and Growth: Latin America Versus the European Economies in Transition
cornia, giovanni andrea - In: Review of Economics and Institutions 2 (2011) 2
liberalization of trade, FDI, portfolio flows, and migration. It then compares the inequality and growth performance of Latin America …The paper first summarizes the theoretical and empirical literature on the growth and inequality impact of the … paper argues that the latter recorded growth rates of GDP slightly higher than those of Latin America, but that they …
Persistent link: https://www.econbiz.de/10009643425
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The impact of financial openness on the size of utility-enhancing government
Erauskin, Iñaki - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-38, pp. 1-56
the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of … because of risk sharing. The theoretical results for the growth rate depend on differences in productivity and in consumption …
Persistent link: https://www.econbiz.de/10010324295
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Is the Turkish current account deficit sustainable?
Abbasoğlu, Osman Furkan; İmrohoroğlu, Ayşe; … - 2017
During the 2011-2015 period, Turkey's current account deficit as a percentage of GDP was one of the largest among the OECD countries. In this paper, we examine if this deficit can be considered sustainable using the Engel and Rogers (2006) approach. In this framework, the current account of a...
Persistent link: https://www.econbiz.de/10011696318
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The impact of financial openness on the size of utility-enhancing government
Erauskin, Iñaki - 2013
as the consumption-wealth ratio, the growth rate of wealth, and welfare, in a two-country world, based on a portfolio … sharing. The theoretical results for the growth rate depend on differences on productivities and consumption-wealth ratios …
Persistent link: https://www.econbiz.de/10010311189
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The impact of financial openness on the size of utility-enhancing government
Erauskin, Iñaki - 2013
the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of … because of risk sharing. The theoretical results for the growth rate depend on differences in productivity and in consumption …
Persistent link: https://www.econbiz.de/10010187510
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Is the Turkish current account deficit sustainable?
Abbasoğlu, Osman Furkan; İmrohoroğlu, Ayşe; … - 2017
During the 2011-2015 period, Turkey's current account deficit as a percentage of GDP was one of the largest among the OECD countries. In this paper, we examine if this deficit can be considered sustainable using the Engel and Rogers (2006) approach. In this framework, the current account of a...
Persistent link: https://www.econbiz.de/10011609959