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An international rule system to avoid financial instability

Siebert, Horst - 2008

In a series of summits, leading countries of the world will meet to draw up an international arrangement for financial stability. Such a rule system should prevent a financial crisis as we have seen it in 2007 and 2008. It should include appropriate principles of monetary policy, rules for...

Persistent link: https://www.econbiz.de/10010263530

An International Rule System to Avoid Financial Instability

Siebert, Horst - Institut für Weltwirtschaft (IfW) - 2008

In a series of summits, leading countries of the world will meet to draw up an in¬ternational arrangement for financial stability. Such a rule system should prevent a financial crisis as we have seen it in 2007 and 2008. It should include appropriate principles of mone¬tary policy, rules for...

Persistent link: https://www.econbiz.de/10005818852

Forecasting Unemployment Rates with International Factors

Pincheira, Pablo; Hernández, Ana María - 2019

In this paper we study international linkages when forecasting unemployment rates in a sample of 24 OECD economies. We propose a Global Unemployment Factor (GUF) and test its predictive ability considering in-sample and out-of-sample exercises. Our main results indicate that the predictive...

Persistent link: https://www.econbiz.de/10015266130

Funded pensions and intergenerational and international risk sharing in general equilibrium

Beetsma, Roel M.W.J.; Bovenberg, A. Lans; Romp, Ward E. - In: Journal of International Money and Finance 30 (2011) 7, pp. 1516-1534

We explore intergenerational and international risk sharing in a general equilibrium multiple-country model with two-tier pensions systems. The exact design of the pension system is key for the way in which risks are shared over generations. The laissez-faire market solution fails to provide an...

Persistent link: https://www.econbiz.de/10010573210

COVID-19 and Tourism

Rajapaksha, Kumarasiri - 2021

Tourism is one of the sectors most affected by the COVID-19 pandemic. Indeed the number of international tourist … contraction in the tourism in 2021. The indirect effects are significant. Due to linkages with upstream sectors such as … the vaccine rollout in getting global tourism restarted and other mitigating measures …

Persistent link: https://www.econbiz.de/10013215096

External account, growth and employment in Egypt and Turkey: historical review and prospects.

R, Erzan - International Labour Organization (ILO), United Nations - 1986

ILO pub-WEP pub. Working paper, comparison of the balance of payments, economic growth and employment in Egypt and … workers, etc.; examines developments in foreign exchange earnings due to export earnings, remittances, tourism and foreign …

Persistent link: https://www.econbiz.de/10010966814

Tourism and Economic Development: A Survey

Sinclair, M. Thea - School of Economics, University of Kent - 1997

. Tourism's considerable contributions to foreign currency, income and employment generation are examined. The paper argues that … manufacturs, many developing countries have turned to tourism as a possible alternative source of growth. This paper provides a … comprehensive survey of the literature on tourism and economic development, identifying both the contribution that tourism can make …

Persistent link: https://www.econbiz.de/10005763234

El turismo en la recuperación y el equilibrio exterior de España

Cuadrado Roura, Juan R.; López-Morales, José María - In: Papeles de economía española 158 (2018), pp. 154-170

Persistent link: https://www.econbiz.de/10011967092

L’Italia e il problema della crescita dopo l’euro

Daniele, Schilirò - 2009

In Italy the rate of growth of GDP has declined over the period 2000-2007, after joining the single currency. The decrease is not incidental, but it has a structural and long-term nature, so this decrease relates to the potential growth. This weakening of growth takes place in an international...

Persistent link: https://www.econbiz.de/10015257817

Die Reform des Geld - und Währungssystems der Republik Kroatien unter dem Einfluss der europäischen Integrationsprozesse

Marković, Branimir; Matić, Branko - 2004

Through a continuous reform of its fiscal system (especially the tax system), the Republic of Croatia has harmonized them with those of EU countries, in keeping with European integration processes and the intention to become a full EU member. Certain differences are still in place (tax rates,...

Persistent link: https://www.econbiz.de/10015245982