Showing 1 - 10 of 11
The emerging European economies have been converging rapidly towards the more advanced European economies in recent years. However, large external imbalances in parts of the region have raised questions about sustainability and concerns about vulnerabilities. Empirical evidence in this paper...
Persistent link: https://www.econbiz.de/10005826653
This paper develops a new index which provides early warning signals of a growth crisis in the event of large external shocks in low-income countries. Multivariate regression analysis and a univariate signaling approach are used to map information from a parsimonious set of underlying policy,...
Persistent link: https://www.econbiz.de/10011242226
This paper studies the short and longer-term impact of IMF engagement in Low-Income Countries (LICs) over nearly three decades. In contrast to earlier studies, we focus on a sample composed exclusively of LICs and disentangle the different effects of IMF longer-term engagement and short-term...
Persistent link: https://www.econbiz.de/10010790307
This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement—primarily through successive medium-term programs under the...
Persistent link: https://www.econbiz.de/10010790497
This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on … growth in the rest of the world in the short and long term. Short-run estimates based on VARs and error-correction models … through growth regressions based on panel data, are also significant and have extended in recent decades beyond Asia. The …
Persistent link: https://www.econbiz.de/10008560430
. Moreover, global conditions, including changes in real oil and non-oil commodity prices and world trade, are also significant …
Persistent link: https://www.econbiz.de/10008497612
countries. Using panel data estimation, the paper finds a significant positive impact of U.S. growth on growth in the rest of … the world, especially developing countries, during the past few decades. The evidence suggests that the impact of U …
Persistent link: https://www.econbiz.de/10005769024
based on a large panel of developing and emerging economies supports this argument and shows that the result is slower …
Persistent link: https://www.econbiz.de/10005769046
This paper examines the factors and constraints that affect recent and potential growth in Croatia, as well as policies that can influence it. On current productivity trends, it estimates Croatia's potential growth rate at 4-4½ percent, a result reasonably robust to different methodologies....
Persistent link: https://www.econbiz.de/10005599301
. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a …
Persistent link: https://www.econbiz.de/10005599760