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Our concern in this paper is to analyze the optimal long-run pricing policies of oil-exporting countries. These might be described briefly as the policies which best meet their objectives, subject to the various limitations imposed on them by the realities of world economic forces.
Persistent link: https://www.econbiz.de/10005787061
irrespectively of chosen time period. For both examined samples no direct causal links between growth rates of GDP and imports were … rates of exports and imports only for pre-crisis sample. Some weak evidence of causal link running from growth rate of … imports to exports growth rate was also found for data that covers crisis, which may somehow be interpreted as a confirmation …
Persistent link: https://www.econbiz.de/10011261117
economic growth in Malaysia with emphasis on both the role of exports and imports. This study treats exports and imports … exports, economic growth and imports and exports and imports. From a policy point of view, investigating the causal links … exports drive economic growth, policy should promote exports, and likewise for imports. …
Persistent link: https://www.econbiz.de/10011184606
Abstract The East Asian countries achieved extraordinarily fast economic growth during the last four decades. Indeed, it would be no exaggeration to say that they represented the most successful case of rapid industrialisation and sustained economic growth in the history of mankind. This paper...
Persistent link: https://www.econbiz.de/10011109046
Maintaining today’s global imbalances would help to overcome the major disproportion of our times – income gap between developed and developing countries. This gap was widening for 500 years and only now, in the recent 50 years, there are some signs that this gap is starting to decrease. The...
Persistent link: https://www.econbiz.de/10008805852