Showing 1 - 10 of 55
Persistent link: https://www.econbiz.de/10011467099
In the countries of Eastern Europe the question as to the degree of currency convertibility is among the most important decisions to be taken when setting the framework for a free market economy. This article attempts to indicate the monetary and fiscal measures that will be required if the...
Persistent link: https://www.econbiz.de/10011470558
Many developing countries are currently considering liberalisation of external capital flows. While the ultimate objective of financial opening is to raise efficiency and growth, the reform process must be carefully designed to achieve these results. A recent conference has discussed the policy...
Persistent link: https://www.econbiz.de/10011470581
Persistent link: https://www.econbiz.de/10010270908
This paper evaluates the impact of rising international interest rates on the South Korean economy during the seventies with the help of an econometric macro model. The results show that there was an induced reduction of investment and GDP, yet inflationary pressures were somewhat mitigated by a...
Persistent link: https://www.econbiz.de/10010275218
Comparing inflation rates internationally, one finds a number of Latin American countries in the lead. Therefore, when investigating inflation in LDCs, it has become common practice to refer to these countries as prime examples. Mainly two theories have been put forward to explain Latin American...
Persistent link: https://www.econbiz.de/10010275231
The liberalization of interest rates has become more and more an integrated part of the policy advice given to developing countries in order to stimulate domestic savings and to improve the allocative efficiency of investments . One of the most critical assumptions behind this policy approach...
Persistent link: https://www.econbiz.de/10010275304
This paper focusses on the development of the financial sector under conditions of high inflation. It begins with a description of the Argentine financial sector (Section II) and then reviews three distinct periods of financial policies since the early 1970s (Section III) . In the following...
Persistent link: https://www.econbiz.de/10010275340
Ziel dieser Studie ist es, für den Zeitraum zwischen 1960 und 1975 die wichtigsten Struktur- und Entwicklungsmerkmale der mexikanischen Landwirtschaft herauszuarbeiten und die Agrarpolitik für diesen Zeitraum darzustellen. Obwohl Staatsinterventionen in den Agrarsektor gerade in...
Persistent link: https://www.econbiz.de/10010275406
Die Agrarpolitik der Entwicklungsländer bedient sich vielfältiger preis und mengenpolitischer Interventionen auf den Faktormärkten. Die Wirkungen der Interventionen auf die Produktion, den Faktoreinsatz und die Entlohnung werden entscheidend durch die Substitutionsbeziehungen zwischen den...
Persistent link: https://www.econbiz.de/10010275440