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There is now a consensus that economic growth is a dominant determinant of poverty. That is, poverty reduction requires … raises mean income and reduces the proportion of the population living below any absolute poverty line. It is generally … believed that growth that is distribution neutral has a greater impact on poverty reduction than growth that generates …
Persistent link: https://www.econbiz.de/10009481914
of the empirical evidence with a view to suggesting appropriate exchange rate regimes that are conducive for poverty … reduction. Due to its obvious implications for poverty, the chapter begins with a discussion of currency crises and devaluation … (CAL). A brief review of issues pertaining to CAL and poverty reduction is presented in Section III. The reviews in Section …
Persistent link: https://www.econbiz.de/10009481912
Net private capital flows (Foreign Direct Investment (FDI), Portfolio Investment and private credit flows) to emerging market economies declined significantly after the 1997 Financial Crisis. In 2002, the world's net private capital flows to emerging markets declined to the lowest level in the...
Persistent link: https://www.econbiz.de/10009482244
development from the International Monetary Fund?s Enhanced Structural Adjustment Facility (ESAF) to its Poverty Reduction and …
Persistent link: https://www.econbiz.de/10009482147
This paper will attempt to provide a comprehensive review and introduce the concept of international financial integration. In addition, it provides a review on the available indicators used as proxies for international financial integration in empirical studies. It also proposes a more detailed...
Persistent link: https://www.econbiz.de/10009481937
The rapid increase in international capital flows is one of the most significant developments in the global economy in recent decades. International portfolio diversification brings potential benefits to investors by offering investors the opportunity to insulate their portfolios from domestic...
Persistent link: https://www.econbiz.de/10009482029
Today's global economy and increased internationalization of business activity are forcing business schools to internationalize their business curriculum, including the accounting curriculum, in order to educate and prepare students to practice globally. However, universities must possess or...
Persistent link: https://www.econbiz.de/10009482040
While there is an influx of foreign investment into China, Chinese companies are also extending their interest overseas. Globalisation takes on various forms: the most common of which is direct exporting while a few chose to establish manufacturing facilities overseas (like Haier). The cases...
Persistent link: https://www.econbiz.de/10009482041
There has been an increase in the degree of international financial integration over the last two decades. Countries are trying to remove the restrictions on cross-border capital movement, deregulate the domestic financial markets and offer competitive investment environment to encourage...
Persistent link: https://www.econbiz.de/10009482107
This research was motivated by current constraints on macroeconomic policy-making in Indonesia. On the fiscal side, the government is burdened with debt and the pressure to maintain social expenditure. On the monetary side, there is a preoccupation with a lower inflation rate which conflicts...
Persistent link: https://www.econbiz.de/10009482058