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China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
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environmental concerns. The unrelenting decline in the sector’s terms of trade (that is, the ratio of prices received to prices paid …
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We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity model and 179 crisis … episodes from 1970-2009, we find that there is a sharp decline in a country’s imports in the year following a crisis-19 … percent, on average-and this decline is persistent, with imports recovering to their gravity-predicted levels only after 10 …
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On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
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Monetary Issues: Monetary Unions: Between International Trade and National Sovereignty -- Why a Monetary Union …
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