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by the manufacturing sector. Exports are exclusively rural goods. The model has a Keynesian flavour. Production of local … and imports in the case of the local manufacturing sector, and labour in the case of the services sector. The prices of … consumption of manufactures. However the analysis shows that this enhancing influence of a depreciation on manufacturing is weaker …
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Many emerging-market economies have relied on foreign exchange intervention (FXI) in response to gross capital inflows. In this paper, we study whether FXI has been an effective tool to dampen the effects of these inflows on the exchange rate. To deal with endogeneity issues, we look at the...
Persistent link: https://www.econbiz.de/10012936773
Many emerging market economies have relied on foreign exchange intervention (FXI) in response to gross capital inflows. In this paper, we study whether FXI has been an effective tool to dampen the effects of these inflows on the exchange rate. To deal with endogeneity issues, we look at the...
Persistent link: https://www.econbiz.de/10013016592
We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...
Persistent link: https://www.econbiz.de/10011384454
In January 2013, the trend of reduction of Russian export continued. At the same time, Russia's accession to the WTO, liberalization of the Russian trade regime due to the above factor and appreciation of the ruble contributed to growth in purchases of goods from abroad
Persistent link: https://www.econbiz.de/10013082651
In a situation of slowdown of global trade growth, growth in the Russian foreign trade turnover is declining, as well. It is to be noted that though during seven months of this year trade with far abroad countries showed positive dynamics there was a recession in relations with CIS states. The...
Persistent link: https://www.econbiz.de/10013089666
A complicated global economic situation has a negative effect on development of the foreign economic sphere of the Russian Federation. Early in 2013, worsening of the trade balance of the Russian Federation was observed: with reduction of export supplies import has increased. The member-states...
Persistent link: https://www.econbiz.de/10012974365
In April 2014, differently directed dynamics of export and import was observed and, as a result, the trade balance surplus increased. In the foreign trade turnover of the Russian Federation, the share of CIS countries has kept decreasing. G-20 countries continue to apply protectionist measures...
Persistent link: https://www.econbiz.de/10013050131