The Democratic Republic of Congo (DRC) has faced persistent current account deficits despite a period of economic growth fueled by Foreign Direct Investment (FDI). This paper uses an Autoregressive Distributed Lag (ARDL) model and the Balance of Payments (BOP) framework to explore the dynamics...

Les réserves de change accumulées par certaines économies d’Asie émergente dépassent les montants justifiés par des motifs d’assurance. Reflet de stratégies de change mercantilistes, elles peuvent être le symptôme d’une croissance déséquilibrée.

The ultimate concern of States' economic policies is to mobilize domestic and external financing resources to stimulate investment and growth without jeopardizing medium- and long-term fiscal sustainability. It is agreed that the risk incurred is to pursue an expansionary fiscal policy that does...

Through this paper, we assess the sustainability of Tunisian external debt and its effect on the growth of the country. Based on two main approaches, namely the actuarial approach and the accounting approach, we check whether Tunisia was able to support its external debt during the period...

La balance des transactions courantes de la balance des paiements luxembourgeoise est confrontée à une forte modification de ses composantes: déficit persistant de la balance des biens, dégradation du solde des revenus d'investissement, évolution inquiétante des transferts courants,......

This paper analyzes the effects of the trade openness on the economic growth in the Democratic Republic of Congo. The empirical analysis conducted diverged on the actual effects of such measures on the behavior of macroeconomic variables of a country. Most see similar policies a catalyst for...

French Abstract: Nicolas Firzli nous fait partager certains des travaux menés par le World Pensions Council (WPC) et résume ici une partie des interventions du G7 Pensions qui s'est tenu fin août dernier, en marge du Sommet du G7 de Biarritz. Il livre des pistes de réflexions précieuses...

This article analysis diversity of growth path for the UE-27 countries, the other Eastern European countries which developed a partnership with UE like Ukraine or Russia, and for the Mediterranean countries (Morocco, Algeria, Tunisia, Turkey) which signed the 1995 Barcelona agreements. The first...