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The purpose of this paper is to explore the impact of BRICS unions’ currency on the Dollar and its performances on international trade among the nations. The compound reviews of literature on the classical, neo classical and modern theories of trade reveals the non existence of research works...
Persistent link: https://www.econbiz.de/10015213296
The purpose of this paper is to explore the impact of BRICS unions’ currency on the Dollar and its performances on international trade among the nations. The compound reviews of literature on the classical, neo classical and modern theories of trade reveals the non existence of research works...
Persistent link: https://www.econbiz.de/10015213311
ABSTRACT & RÉSUMÉ: - Monetary coordination is high on the agenda of different regional organizations in Africa. Economic benefits of a common currency, like lower transaction cost, increased macroeconomic stability, or the shielding of central banks against political pressure from nationalist...
Persistent link: https://www.econbiz.de/10015257875
This paper proposes three tasks. It briefly delineates the character of the civilizing mission and the interests it served, especially the colonization of Asia and Africa. In addition, the claims of the civilizing mission and the neoclassical theory of trade are tested empirically by comparing...
Persistent link: https://www.econbiz.de/10015215205
This paper examines the impact that development theories have had on development policies, and the inverse impact of actual successes and failures in the global South on development thinking. It is argued that development thinking is at the cross-roads. Development theories in postwar period...
Persistent link: https://www.econbiz.de/10015225220
The article examines the problems of cyclical economic development in the world economy. The trends in economic development and the degree of economic cycle volatility in the world during the 1970-2010 are analyzed. The phenomenon of the Great Moderation as a period of achieving the long-term...
Persistent link: https://www.econbiz.de/10015229027
The article examines the problems of cyclical economic development in the world economy. The trends in economic development and the degree of economic cycle volatility in the world during the 1970-2010 are analyzed. The phenomenon of the Great Moderation as a period of achieving the long-term...
Persistent link: https://www.econbiz.de/10015231847
This article aims to highlight the first work of economist Nathan Nunn on slavery and colonization. Indeed, for the latter, these two historical facts, quantifiable consequences, have defined the path of economic development of African countries. Secondly, this paper discusses the findings of...
Persistent link: https://www.econbiz.de/10015235312
This paper proposes three principles for users and producers of governance indicators that both summarize the challenges in measurement and suggest ways forward: (1) all governance indicators have measurement error, (2) there are no silver bullets, and (3) the links from governance to...
Persistent link: https://www.econbiz.de/10015257742
A large literature is present on how colonial origins through the channels of Institutions and human capital explain the income variation between countries. In most cases, it is argued that colonial European settlement outside of Europe has shaped the type of institutions present today that...
Persistent link: https://www.econbiz.de/10015260072