Showing 1 - 10 of 31
Capital account liberalization and exchange rate regime choice, what scope for flexibility in Tunisia? This study evaluates within a game-theoretic framework the exchange rate regime from a welfare perspective. In a tradable-nontradable goods model framework, Tunisia’s exchange rate regime...
Persistent link: https://www.econbiz.de/10009477444
Rationale The balance of payments and international investment position (IIP) are important because of the information they provide on economic relations with the rest of the world, which affect the national economy. Their analysis is of even greater interest in the light of recent events, such...
Persistent link: https://www.econbiz.de/10014569524
Rationale The balance of payments and international investment position provide insight into Spain’s economic relations with the rest of the world, which have important implications for the domestic economy. Analysis of these statistics takes on added significance against a backdrop of global...
Persistent link: https://www.econbiz.de/10014573654
The U.S. sacrifices about ten full time jobs for each million dollars of net imports of goods and services. Its billions of dollars in trade deficit is the primary reason behind its millions of job losses. Loss of jobs, in turn, decreases income, demand, investment, and tax revenues. Budget...
Persistent link: https://www.econbiz.de/10009463650
International Macroeconomics has long sought an explanation for current account fluctuations that matches the data. The approaches have typically focused on better models and new macroeconomic variables. We demonstrate the limitations of this approach by showing that idiosyncratic shocks are an...
Persistent link: https://www.econbiz.de/10012530175
Many developing countries have increased their foreign reserve stocks dramatically in recent years, in large part motivated by the desire for precautionary self-insurance. One of the negative consequences of large accumulations for these countries is the risk of valuation losses. In this paper...
Persistent link: https://www.econbiz.de/10009476924
Many developing countries have adopted investor-friendly policies in recent years in order to attract export-oriented foreign direct investment (FDI). The effects of these policies on the external accounts have been largely ignored. This paper endogenizes FDI inflows in a structuralist general...
Persistent link: https://www.econbiz.de/10009468023
En esta nota estadística se presenta la metodología aplicada en la compilación de las estadísticas complementarias de inversión exterior directa (IED) en España por última economía inversora, según el principio direccional y con datos coherentes con la balanza de pagos/posición de...
Persistent link: https://www.econbiz.de/10012666481
Because the Mexican government has encouraged investment in Mexico by increasing the percentage of ownership of a …
Persistent link: https://www.econbiz.de/10009435543
of a project designed to promote high penetration rates of CFLs in two cities in Mexico. Our analysis indicates that the … project will bring substantial net economic benefits to Mexico, the utility, and the average customer. In the absence of any … thus crucial to the successful implementation of the project. Expanding the Ilumex project to a Mexico-wide program would …
Persistent link: https://www.econbiz.de/10009435825