Showing 61 - 70 of 400,995
show that an overhaul of China's social safety net is capable of reducing global imbalances whatever the exchange …
Persistent link: https://www.econbiz.de/10010875336
Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China's import … point to weak investment and rebalancing as the main causes of the import slowdown. Spillover effects from China …
Persistent link: https://www.econbiz.de/10012977866
The paper models international spillovers from a hypothetical drop of China's imports as a result of China … shock, which are largely unaccounted for in the existing literature. Such effects include direct spillovers from China on … its trading partners, subsequent spillins among them, and spillbacks on China itself. The paper finds that the network …
Persistent link: https://www.econbiz.de/10012995279
History shows that governments usually rethink their views on international macroeconomic cooperation after the emergence of a crisis. The response of the Asian countries after the speculative attacks occurred in 1997 may be considered as another example after the European ERM crisis in 1992-93....
Persistent link: https://www.econbiz.de/10014114963
This paper deals with the existence of a common European growth cycle and its identification. Based on the analysis of some descriptive statistics in the time and frequency domain there is clear evidence of comovement in output growth among European countries.
Persistent link: https://www.econbiz.de/10005697719
taxes on labor income, showing that such a policy could increase world productive capacity while being consistent with a …
Persistent link: https://www.econbiz.de/10003472886
International pressure to revalue China’s currency stems in part from the expectation that rapid economic growth should …. Yet, despite extraordinary growth after the mid-1990s China’s real exchange rate showed no tendency to appreciate until … rural terms of trade has tightened China’s labour market. We show that, should the Chinese government bow to international …
Persistent link: https://www.econbiz.de/10014190441
billion citizens. The impact will be felt across the world. This study -- a background paper to an Asian Development Bank …
Persistent link: https://www.econbiz.de/10013065433
This article documents the Great Trade Collapse of 2008-09, as well as the dramatic recovery in trade of 2009-10. The authors consider how three distinct policy actions - fiscal stimulus, funding for trade finance, and a commitment to refrain from increasing trade barriers - might have affected...
Persistent link: https://www.econbiz.de/10013124722
In 2007, Hausmann, Hwang and Rodrik (HHR) demonstrated that export specialization patterns have important implications for economic growth. The authors developed an indicator of income level linked to the country’s exports they called EXPY and showed that higher values of the indicator lead to...
Persistent link: https://www.econbiz.de/10011305993