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Currency union is viewed as a panacea for struggling economies with West Africa in their quest to adopt a common currency. However, despite the rattling efforts and measures laid down, the policy seems unrealistic and deemed to fail. The study empirically evaluates whether adopting a common...
Persistent link: https://www.econbiz.de/10015215051
The aim of the paper is to investigate convergence tendencies in the SADC region and to determine whether the EPA …/EBAI policies between SADC and EU_27 member states will promote such convergence tendencies. The analyses of the EPA/ABAI policies … states of the SADC region. The study has found evidence of absolute convergence in the SADC region using income and GDP …
Persistent link: https://www.econbiz.de/10015225187
The Chinese state has integrated its economy into the neoliberal globalization of trade and investment without neoliberalizing its own financial markets, and to ensure stability, the state applies strict controls on interest rates, capital movement and the value of RMB. The Chinese state...
Persistent link: https://www.econbiz.de/10015226089
Understanding the impact of instability of export receipts on the economic growth of developing countries has been an important area of research in development economics for a long time. A substantial body of literature has documented a wide range of empirical regularities according to which...
Persistent link: https://www.econbiz.de/10015231496
The objective of this paper is to examine the impact of openness, foreign investment inflows, and domestic investment on economic growth for the case of 24 Asian economies over the time span 2002-2017 through the use of the fixed and random effect models. Our empirical results pointed out that...
Persistent link: https://www.econbiz.de/10015264299
This paper aims to analyze the impact of domestic investment and Foreign Direct Investment on economic growth in Tunisia during the period 1976–2017. This study is based on the Auto-Regressive Distributive Lags (ARDL) approach that is proposed by Pesaran et al (2001). Bound testing approaches...
Persistent link: https://www.econbiz.de/10015264446
The following contributions are hereby worked: one mathematically formalises Mundell’s Impossible trio and Rodrik’s Globalisation paradox, supplying the latter with a taxonomy in terms of the current account; by means of Kaldor’s price endogeneity in output, one proves that external real...
Persistent link: https://www.econbiz.de/10015269211
Bangladesh is set to graduate from the least developed country status. Currently, Bangladesh benefits from preferential market access at zero tariffs to the European Union under the Everything but Arms scheme but its exports will no longer be eligible after graduation in 2026. Policy makers...
Persistent link: https://www.econbiz.de/10015269443
This paper depicts the agricultural policy reforms and structural changes in Bangladesh from independence to the present times. Bangladesh agriculture has experienced major structural changes and achieved major successes over the last three and a half decades. Reforms began in the late 1970s and...
Persistent link: https://www.econbiz.de/10015236807
Brazil is a country with long-standing ambitions for a major role in the world economy and in global governance, but its footprint in various measures of both remains relatively modest. On current trends, the gap between ambition and achievement will likely remain large, so we provide a critique...
Persistent link: https://www.econbiz.de/10015241422