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This paper deals with two related issues: the sustainability of China’s exchange rate regime and the opening up of its … to avoid disruptive capital flows. The paper discusses China’s twin surpluses of the current and capital accounts and … the outlook for Chinese capital flows should barriers to capital movements be lifted. It argues that whether China …
Persistent link: https://www.econbiz.de/10011606234
This volume was prepared by Inga Heiland while she was working at the Ifo Institute. It was completed in July 2016 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It comprises five chapters addressing one or more aspects of international trade and...
Persistent link: https://www.econbiz.de/10011698364
Many factors have contributed to the euro crisis. Some have been addressed by policymakers, even if belatedly, and European Union member states have been willing to improve the functioning of the euro area by agreeing to relinquish national sovereignty in some important areas. However, the most...
Persistent link: https://www.econbiz.de/10010293569
The sovereign debt crisis in the euro area is a symptom of policy failures and deficiencies in – among other things – fiscal policy coordination. The first nine years of the euro were not used effectively in order to improve public finances, while the Stability and Growth Pact was watered...
Persistent link: https://www.econbiz.de/10011606281
This paper analyzes the costs of (partial) institutional harmonization with the EU acquis which countries of the former USSR are expected to conduct under their Partnership and Cooperation Agreements with the EU and European Neighborhood Policy Action Plans. The public sector will have to take...
Persistent link: https://www.econbiz.de/10011430826
This paper provides the quantitative estimate of the potential growth bonus for CIS countries, and in particular EU's Easter Neighbours, that can be a result of deeper institutional harmonisation with the EU. Econometric investigation involving instrumental variable, simultaneous equation and...
Persistent link: https://www.econbiz.de/10011430828
Institutional harmonization is an important part of European integration, and its effects are more far reaching than the effects of trade liberalization. In its policy towards neighbors (the European Neighborhood Policy, ENP), the EU puts a lot of stress on the desirability of institutional...
Persistent link: https://www.econbiz.de/10011430832
Persistent link: https://www.econbiz.de/10013168602
Kapazitätsentwicklung ist eine wichtige Entwicklungsstrategie und -methode der bi- und multilateralen Entwicklungszusammenarbeit. Bei Kapazitätsentwicklung handelt es sich in der Regel um Programme von Gebern, die westliche Demokratien als Blaupausen für ideale Entwicklungsstrategien für...
Persistent link: https://www.econbiz.de/10010377381
Social innovation is booming as a political buzzword. However, the concept still lacks scientific analysis, a common epistemology and a clear-cut definition. This thesis takes a step towards a better theoretical and conceptual understanding of corporate social innovation by detaching the concept...
Persistent link: https://www.econbiz.de/10011410866