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Tests for causality and rationality in the coffee futures market were carried out using data from the New York Market. Tests of causality indicated that futures prices strongly influence variations in spot price eight weeks or more to maturity. However, beginning seven weeks to maturity there...
Persistent link: https://www.econbiz.de/10005836401
Brazil is a country with long-standing ambitions for a major role in the world economy and in global governance, but its footprint in various measures of both remains relatively modest. On current trends, the gap between ambition and achievement will likely remain large, so we provide a critique...
Persistent link: https://www.econbiz.de/10011257894
Understanding the impact of instability of export receipts on the economic growth of developing countries has been an important area of research in development economics for a long time. A substantial body of literature has documented a wide range of empirical regularities according to which...
Persistent link: https://www.econbiz.de/10011259186
In 1977 Sri Lanka was the first of the South Asian countries to decisively move away from the protectionist import-substitution trade policies that for many years had damaged their economic efficiency and hobbled their economic growth. Albeit with back-tracking episodes, Sri Lanka's liberalising...
Persistent link: https://www.econbiz.de/10008861949
This paper applies an interpretation of how globalization and governance (G&G) interact with convergence given Cape … diversification (an indicator of globalization) and income convergence (an indicator of governance) in the sub-regions of West and … that trade openness drives convergence and export diversification in Western Africa (which is becoming more diversified …
Persistent link: https://www.econbiz.de/10008727868
We examine the supply-side and demand-side determinants of global bilateral food aid shipments between 1971 and 2008. First, we find that domestic food production in developing countries is negatively correlated with subsequent food aid receipts, suggesting that food aid receipt is partly driven...
Persistent link: https://www.econbiz.de/10008764656
En este documento se analiza el surgimiento y papel que el conjunto de países agrupados en la sigla BRICS (Brasil, Rusia, India, China y Sudáfrica) puedan desempeñar en la economía mundial, dentro del marco de la crisis internacional por la que atraviesa el capitalismo. También se...
Persistent link: https://www.econbiz.de/10010762733
En este artículo se estudian el impacto de los cambios en el Sistema Generalizado de Preferencias (SGP) de la Unión Europea (UE) sobre sus propias importaciones, procedentes de los países beneficiarios del SGP de la ASEAN y China, y de América Latina, y el uso de los beneficios del SGP por...
Persistent link: https://www.econbiz.de/10010763790
There are two prevailing perspectives on how China took off. One emphasizes the role of globalization—foreign trade and investments and special economic zones; the other emphasizes the role of internal reforms, especially rural reforms. Detailed documentary and quantitative evidence...
Persistent link: https://www.econbiz.de/10010815798
How far is it a benefit to be classified as a LDC? To address this issue several approaches are conceivable.A first …
Persistent link: https://www.econbiz.de/10011074837