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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
This paper focuses on finding out the leading sectors with high potential to maintain and consolidate the comparative and competitive advantages of the Romania’s exports and analyses the change in the pattern of Romanian export specialisation by estimatin
Persistent link: https://www.econbiz.de/10008511800
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
beginning with 1990. It will be employed a descriptive analysis of their trade and growth dynamics. Emphasis will be placed on … the determinants of economic growth of this group of countries in general and foreign trade in particular. The results …. In what concerns Romania, it appears to have been driven by a weaker engine of economic growth in the last two centuries. …
Persistent link: https://www.econbiz.de/10011268736
According to theory, financial openness (FO) increases growth. The literature often conditions the growth effect of FO … on favorable collateral environment. However, this can conceal the actual growth benefits of FO. This paper contributes … to the literature by investigating the unconditional growth effect of FO, measured as de facto international financial …
Persistent link: https://www.econbiz.de/10014307771
An extensive literature stresses that currency misalignments are costly in terms of growth performance. However, these …
Persistent link: https://www.econbiz.de/10010744022
The classical argument for free trade stressed the possibilities of economic growth by exploiting the gains from trade … higher growth rate. Moreover, the arguments for free trade were made against the background of an assumed hard peg (the gold …-for-one increase in the growth rate, and potential regional hegemony for the first mover. To restore balance amongst the trade partners …
Persistent link: https://www.econbiz.de/10011133481
measures on Bangladesh's growth process by analyzing the 1974-2007 data with the help of cointegration, error correction, and … Granger causality tests. The results suggest that long-run economic growth in Bangladesh is largely explained by investments … causality runs in both ways between capital account liberalization and economic growth, it runs only in one direction from …
Persistent link: https://www.econbiz.de/10011096473
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/10010981397
The main goal of the paper is to evaluate the sources of growth in Chile and the world in the last three decades, but … stressing the role of complementarities in economic policies. Therefore, we evaluate the growth determinants for a sample of …
Persistent link: https://www.econbiz.de/10005730203