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Among ENP countries, Azerbaijan is outstanding because it leans on its resource base and sees the EU at the receiving end of bilateral relations. At the other extreme, Ukraine depends on EU cooperation, especially with respect to trade. We develop a comprehensive theoretical concept for...
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. Deshalb wird für Osteuropa eine Fixierung des nominalen Wechselkurses als Patentrezept empfohlen, um die Inflationsbekämpfung … Autonomie den in Osteuropa unausweichlichen Strukturwandel zu behindern droht. Die Erfahrung der französisch-afrikanischen Franc … wurden. Eine solche Konsequenz wäre für Osteuropa fatal, weil der Zusammenbruch des RGW-Handels und die geplante …
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Angesichts katastrophaler Erfahrungen in Entwicklungsländern und zahlreicher theoretischer Einwände muß es überraschen, daß eine Wechselkursfixierung auch für osteuropäische Reformstaaten vorgeschlagen wird (und zum Teil schon versucht wurde), um die Wirtschaft zu stabilisieren. Dieser...
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This paper provides a computable general equilibrium analysis of the medium to long-run impact of FDI inflows on poverty and income distribution in Bolivia. The simulation results suggest that FDI inflows enhance economic growth and reduce poverty. However, the income distribution typically...
Persistent link: https://www.econbiz.de/10008670527
This paper provides a computable general equilibrium analysis of the medium to long-run impact of FDI inflows on poverty and income distribution in Bolivia. The CGE analysis addresses several important transmission channels which have been neglected in the empirical literature by (i)...
Persistent link: https://www.econbiz.de/10010272971
Formerly a favourite location for private capital inflows, Brazil was virtually cut off from further bank lending in the 1980s. The country's rating in secondary loan markets plummeted, and foreign direct investment dwindled. New external financing was replaced by an accumulation of interest...
Persistent link: https://www.econbiz.de/10010294990