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Tommaso Padoa-Schioppa was a distinguished central banker and economist, a key player in the creation of Europe's single currency, a well-respected figure in international monetary policy-making and a former economy and finance minister of Italy.
Persistent link: https://www.econbiz.de/10011141078
Academic and policy debates on aid effectiveness frequently emphasise the vulnerability of recipients to the Dutch Disease, through which aid inflows appreciate the real exchange rate, thereby taxing the tradable export sector with potentially deleterious effects on growth. Fear of the Dutch...
Persistent link: https://www.econbiz.de/10011141079
Online recruitment describes hiring workers who were initially selected via the Internet. The practice is now widespread, with a majority of US jobseekers undertaking some online job search activity. The online intermediaries that allow employers and employees to connect with each other, leading...
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Firms deliver a variety of services online, ranging from content, software and banking to entertainment and networking. This article examines a firm's pricing decision for online services. It first discusses how a firm's decision of pricing services online differs from offline pricing decisions....
Persistent link: https://www.econbiz.de/10011141081
This 2012 perspective of the 1987 Palgrave entry on ‘turnpike theory’ highlights the subsequent development of the subject in the light of a critical re-reading of the original. It distinguishes the 1949 conception, a response of Samuelson to a 1945 von Neumann challenge to the...
Persistent link: https://www.econbiz.de/10011141082
A mortgage is an exchange of a collection of rights between a borrower and a lender. In this article, we describe those rights and explain both their economic logic and their implications for economic analysis and policy. We briefly discuss the medieval origins of the American mortgage contract...
Persistent link: https://www.econbiz.de/10011141083
This article offers an analytic overview of India's achievements to date, what its future prospects are, what its rise means to the global economy in the next fifteen years and what challenges India faces in terms of future reforms. The article begins by presenting a summary of the country's...
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