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A recent body of empirical research has documented a strong association between the level and volatility of the RER and economic growth. This research has relied on a variety of econometric techniques applied to large cross-country data sets. Although the documented positive effects of both RER...
Persistent link: https://www.econbiz.de/10010902483
This paper aims at assessing the effects of real exchange rate overvaluation over the export composition for developing countries in a time span of 1970-2004. For this intent, it is estimated an exchange rate overvaluation index by using panel cointegration techniques (Dynamic Ordinary Least...
Persistent link: https://www.econbiz.de/10009615774
This paper quantifies how much of exports from eight East Asian economies were consumed by consumers in China, US … firm-level database is utilised to get an accurate measure for such indirect exports. The main findings are: (i) US … Asia that were consumed by the US, Japan, other OECD countries, and China did not change drastically from 2000 to 2006 …
Persistent link: https://www.econbiz.de/10014210752
from developing countries to the United States boost demand for U.S. non-tradable goods. This induces a reallocation of U.S …
Persistent link: https://www.econbiz.de/10012167488
little evidence of enhanced development finance or any concomitant improvement in economic development. We critically examine … symbiotic relationships between finance and economic development, we propose an institutional-centric approach that forms a … basis for understanding the transformation required for financial development. For development to occur, financial flows …
Persistent link: https://www.econbiz.de/10005641780
conditions for sustained economic growth and development by deepening democracy, enhancing the stability of political regimes and …
Persistent link: https://www.econbiz.de/10011794986
Many of the emerging market economies in Europe are presently running current account deficits which are quite high … Union (EU) members of the old Europe (Greece, Portugal, and Spain), many of the EU’s new member states (largely the former … transition economies which have joined since 2004), most of those non-EU members in south-east Europe, and a number of the CIS …
Persistent link: https://www.econbiz.de/10005585677
This document summarizes the thrust of my monograph book Disasters and the Networked Economy (2003, NY: Routledge. 228 pp. ISBN: 978-0-415-66629-9). It is no substitution for the book, but it attempts to make salient the main concepts, explanations and conclusions of it. It does so by first...
Persistent link: https://www.econbiz.de/10010368168
This document summarizes the thrust of my monograph book Disasters and the Networked Economy (2003, NY: Routledge. 228 pp. ISBN: 978-0-415-66629-9). It is no substitution for the book, but it attempts to make salient the main concepts, explanations and conclusions of it. It does so by first...
Persistent link: https://www.econbiz.de/10010339723
This document summarizes the thrust of my monograph book <i>Disasters and the Networked Economy</i> (2013, NY: Routledge. 228 pp. ISBN: 978-0-415-66629-9). It is no substitution for the book, but it attempts to make salient the main concepts, explanations and conclusions of it. It does so by first...
Persistent link: https://www.econbiz.de/10011118240