Showing 1 - 10 of 13
Commodity and energy prices have exhibited an unprecedented increase between October 2006 and July 2008, only to fall sharply during the last months of 2008. Many explanations have been offered to this phenomenon, including steadily increasing demand from China and India, large mandated...
Persistent link: https://www.econbiz.de/10009444738
This study addresses the potential trade-off between inflation and exchange rate targeting in former transition countries, which now may be labeled emerging market economies and which prepare for entry into the Economic and Monetary Union (EMU). Among this group of countries, some implemented...
Persistent link: https://www.econbiz.de/10009429025
The study of demographic trends in sub-Saharan Africa though crucial in the assessment of the impact of population size and growth on the overall socio-economic development in the region, has received the least attention due to lack of reliable data for most of the countries. This paper focuses...
Persistent link: https://www.econbiz.de/10009438868
Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic … Morocco and Tunisia have transformed both from economically challenged debt-burdened nations into technologically advanced … Tunisia one of 5.1%. To put that in perspective, the World as-a-whole has grown at 2.0% per year and the United States at 1 …
Persistent link: https://www.econbiz.de/10009439124
Capital account liberalization and exchange rate regime choice, what scope for flexibility in Tunisia? This study … model framework, Tunisia’s exchange rate regime choice is cast in terms of strategic interactions between the monetary …
Persistent link: https://www.econbiz.de/10009477444
evidence of inefficient use of energy in Tunisia, since environmental pressure tends to rise faster than economic growth … mutual causality in the long-run implying that Tunisia is an energy dependent economy.From a policy perspective, policy … makers in Tunisia should be mindful that a persistent decline in environmental quality may exert negative externalities to …
Persistent link: https://www.econbiz.de/10009444799
Tunisia, since environmentalpressure tends to rise faster than economic growth. In theshort run, results support the argument … response do notconfirm the hypothesis that an increase in pollution levelinduces economic expansion. Although Tunisia has …
Persistent link: https://www.econbiz.de/10009445698
In the aftermath of a major financial crisis in the 1990s, price stability has become an important argument of the future monetary policy stance in many emerging economies. As such, emerging economies in Asia and Latin America have switched to inflation targeting as their monetary policy. This...
Persistent link: https://www.econbiz.de/10009441615
There is a growing debate in the emerging market on the choice of an appropriate monetary or exchange rate policy that could lead to a sustainable economic growth. Inflation targeting has become one of these policy alternatives and has recently been implemented in some of the emerging markets in...
Persistent link: https://www.econbiz.de/10009441723
The paper analyzes exchange rate regimes implemented by the major Latin American countries since the Second World War, with special attention on the period of the second globalization process beginning in the 1970s. The analysis follows a historical narrative aiming to provide an understanding...
Persistent link: https://www.econbiz.de/10009467794