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En el presente trabajo se aplica el modelo de restricción de balanza de pagos de Thirlwall a la economía argentina en el periodo 1968-2003 y en subperiodos seleccionados. Los objetivos centrales son dos. En primer lugar, a través de dicho modelo indagar en las causas del lento crecimiento...
Persistent link: https://www.econbiz.de/10005789578
The exchange rate cannot significantly diverge from a (real) long-term equilibrium level consistent with the macroeconomic picture of an economy for a long period of time; otherwise, the economy suffers from macroeconomic imbalances such as below-potential growth and below natural employment, or...
Persistent link: https://www.econbiz.de/10005103172
Using multivariate cointegration tests for non-stationary data and vector error correction models, this paper examines the determinants of trade balance for Argentina over the last forty to fifty years. Our investigation confirms the existence of long-run relationships among trade balance, Real...
Persistent link: https://www.econbiz.de/10005621496
This paper reviews from an international perspective the challenges faced by Cuba in unifying its exchange rate and …
Persistent link: https://www.econbiz.de/10012844221
This paper reviews from an international perspective the challenges faced by Cuba in unifying its exchange rate and …
Persistent link: https://www.econbiz.de/10012856722
Cuban reform process lags behind the GDP growth reached by the Vietnamese. When comparing the evolution of the different sectors and demand components of GDP, Vietnam has had higher growth rates in all cases, highlighting exports first and investment second. Once the Balance of Payments...
Persistent link: https://www.econbiz.de/10013000686
information technology and computing power. President Obama will travel to Cuba on March 21st. With many of the diplomatic and … and decisively to promote the financial and economic development of Cuba. The US Treasury has a very specific role to play …
Persistent link: https://www.econbiz.de/10012996493
Cuba considering essential events in its commercial policy-making in the long period from 1960 to 2004. Our results show …
Persistent link: https://www.econbiz.de/10005835413
Korea provides a unique opportunity to study the different behaviors or roles, if any, of limited flexibility and free floating exchange rate regimes. Korea shifted from a limited flexibility to a free floating exchange rate regime after the 1997 economic crisis. It is well documented that the...
Persistent link: https://www.econbiz.de/10012776799
The objective of this study is to examine the impact of exchange rate on Nigeria’s trade balance. Time series data on trade balance, external reserves, exchange rate, money supply and real GDP were used in the analysis and the data were subjected to unit root tests to determine their time...
Persistent link: https://www.econbiz.de/10010991475