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Financial stabilization systems, economic growth of developing countries and EU’s STABEX

Aiello, Francesco - Volkswirtschaftliche Fakultät, … - 2002

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

Globalization and Productivity in the Developing World

Foellmi, Reto; Oechslin, Manuel - School of Economics and Political Science, Universität … - 2012

We explore the productivity impact of international trade in a monopolistically competitive economy with endogenous mark-ups due to credit market frictions. We show that reducing trade barriers in such an environment (i) may - but not necessarily must – have a negative impact on productivity...

Persistent link: https://www.econbiz.de/10009653431

Assessing the export performance in transition countries: the case of the Republic of Moldova

STRATAN, Alexandru; CLIPA, Victoria - In: Romanian Journal of Economics 33 (2011) 2(bis)(42), pp. 113-129

Despite their common legacy of central planning and of a new beginning in the ’90s, transition countries have achieved different export performances. Although there is not a consensus among economists on the dimension of exports impact on economic growth, the non-performance or poor...

Persistent link: https://www.econbiz.de/10010538968

Measurement of Costs and Benefits of Accession to the European Union for Selected Countries in Central and Eastern Europe

Mortensen, Jorgen; Richter, Sandor - Wiener Institut für Internationale … - 2000

This paper is the final report of a research project whose aim was to analyse the methodology of calculating the costs and benefits for the Czech Republic, Hungary, Poland and Slovenia of the envisaged accession to the European Union. The research focused particularly on the impact of the...

Persistent link: https://www.econbiz.de/10009649620

Cape Verde and Mozambique as Development Successes in West and Southern Africa

Braga de Macedo, Jorge A.; Pereira, Luis Brites - National Bureau of Economic Research (NBER) - 2010

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

How Did China Take Off?

Huang, Yasheng - In: Journal of Economic Perspectives 26 (2012) 4, pp. 147-70

There are two prevailing perspectives on how China took off. One emphasizes the role of globalizationâ€”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

Capital Account Liberalization and Inequality

Furceri, Davide - 2016

This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also...

Persistent link: https://www.econbiz.de/10012999758

China’s Attitude to Multilateralism in International Economic Law and Governance (in Chinese)

Leal-Arcas, Rafael - 2011

This chapter argues that China’s attitude to multilateralism and responsibility in global economic governance is questionable or unclear. China poses a major challenge to the world economy by virtue of being a new global economic superpower. For the past decade, its position as a strong player...

Persistent link: https://www.econbiz.de/10014181493

Colombia : From South American's Japan to Investor's Confidence

Zerda Sarmiento, Álvaro - 2011

During recent decades, the Colombian leadership has opted for a pattern of accumulation based on primary export trade, in two distinct but sustained phases of opening of the economy. This is contrary to the model of accumulation that is emerging internationally at the beginnings of XXI Century,...

Persistent link: https://www.econbiz.de/10014185583

The Colombian Economic Slowdown : You Reap What You Sow

Ortiz, Carlos Humberto - 2010

The economic slowdown experienced in Colombia since 1980 is explained by the structural stagnation of the national economy and the escalation of violence associated with the expansion of drug trafficking. The available data do not reject this hypothesis. The article sustains that...

Persistent link: https://www.econbiz.de/10014199147