Showing 1 - 10 of 102
Persistent link: https://www.econbiz.de/10005033087
development, it is not sufficient. Both trade and foreign direct investment create innovation assymetries hindering lagging … including a dynamic human development trap, endogenous technological change, technology transfer and trade. Divergent and … convergent steady states, with and without a human development trap, exist under both autarchy and free trade. The model explains …
Persistent link: https://www.econbiz.de/10005001378
. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and … potential. In future, these countries could also provide resources for investment and technologies for productivity. The …
Persistent link: https://www.econbiz.de/10005033242
We analyse the business cycles in China and in selected OECD countries between 1992 and 2006. We show that, although negative correlation dominates for nearly all countries, we can also see large differences for various frequencies of cyclical developments. On the one hand, nearly all OECD...
Persistent link: https://www.econbiz.de/10005059903
Tree crops have changed land tenure in Africa. Farmers have acquired more permanent, alienable rights, but have also faced disputes with competing claimants and the state. I show that the introduction of Para rubber had similar effects in the Benin region of colonial Nigeria. Farmers initially...
Persistent link: https://www.econbiz.de/10009140861
Persistent link: https://www.econbiz.de/10005001372
This paper reviews the experience of a heterogeneous group of developing countries in maintaining macroeconomic stability in the face of heavy capital flows.
Persistent link: https://www.econbiz.de/10005475014
The abundance of private capital flows confronts many emerging-market authorities with a transfer problem. They must decide whether to accept or resist the net capital inflow, or how much to accept and how much to resist. This paper aims at assisting that decision by focusing on the rationale,...
Persistent link: https://www.econbiz.de/10005625488
The partial effect of nominal exchange rate volatility on exports from each EMU member to the rest of the EMU is estimated on annual data for 1967-97, using modern time-series methods.
Persistent link: https://www.econbiz.de/10005625499
The emergence of a select group of developing countries as destinations for private portfolio investments in the 1990s (and the subsequent peso crisis in Mexico in 1994) has rekindled the old issues about the responsabilities and capacities public authorities have with regard to managing the...
Persistent link: https://www.econbiz.de/10005625523