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Due to the recent drop in oil prices, there is a strong interest in the influence of the shale revolution on the global supply and demand of hydrocarbon fuels. Consequently, the attention of many economists and industry analysts is drawn to the technological, institutional and regulatory aspects...
Persistent link: https://www.econbiz.de/10014138810
In the context of falls in extractive commodities prices since 2011, this paper examines the history of thinking about the interplay between extractives and economic development. Just as 'the resource curse' fails as a generic explanation on account of the huge diversity in country contexts, so...
Persistent link: https://www.econbiz.de/10011592940
remittances in a two-sector small open economy, by incorporating many of the stylized features of the informal sector. Calibrating …-2014, we show that the effect of remittances depends critically on how they impinge on the recipient economy, i.e., whether …) exogenous or countercyclical. We also identify the conditions under which remittances are associated with an expansion of the …
Persistent link: https://www.econbiz.de/10012972585
In this document we evaluate how macroeconomic conditions influence the amount of remittances sent to Mexico from the … and magnitude of common trends between remittances and variables believed to influence their dynamics; including … employment in the US, and credit and inflation in Mexico, significantly affect remittances in the long-run. The real exchange …
Persistent link: https://www.econbiz.de/10009142598
As current trends of Chinese economic growth and motorization continue, its demand for higher efficiency fuels (oil, gas, and electric power) will increase. This, coupled with China's limited domestic production, can translate into a massive demand for energy imports. To predict China's energy...
Persistent link: https://www.econbiz.de/10012709515
As current trends of Chinese economic growth and motorization continue, its demand for higher efficiency fuels (oil, gas, and electric power) will increase. This, coupled with China’s limited domestic production, can translate into a massive demand for energy imports. To predict China’s...
Persistent link: https://www.econbiz.de/10005102124
manufacturing and services. These internal imbalances result from domestic distortions and structural imbalances arising from market …
Persistent link: https://www.econbiz.de/10003983454
This chapter provides a review of China’s economic growth since 1978. Studying China’s economic success may shed new light on the political economy of growth, the impacts of the ascent of large countries on the rest of the world, and the relationship between inequality and economic growth....
Persistent link: https://www.econbiz.de/10010869043
This chapter provides a review of China’s economic growth since 1978. Studying China’s economic success may shed new light on the political economy of growth, the impacts of the ascent of large countries on the rest of the world, and the relationship between inequality and economic growth....
Persistent link: https://www.econbiz.de/10014025590