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presence of international trade and find evidence that both regulation and trade have a significant positive influence on …
Persistent link: https://www.econbiz.de/10011298539
The East African Community (EAC) is working towards establishing deeper integrationbetween its six partner states. The EAC partner states are: Burundi, Kenya, Rwanda,South Sudan, Tanzania and Uganda. This paper analyses the lessons the EuropeanUnion may offer the EAC in guarding against base...
Persistent link: https://www.econbiz.de/10013243210
The last decade witnessed an unprecedented economic growth in Emerging Market Economies (EMEs). EMEs have also been the main drivers of growth in the recovery following the global financial crisis. Nevertheless, EMEs continue to face a number of institutional and structural challenges that may...
Persistent link: https://www.econbiz.de/10013007646
Approaching the issue of mounting global imbalances from the perspective of the Bretton Woods II hypothesis,ʺ this paper argues that the popular preoccupation with China’s supposed export-led development strategy is misplaced. It also suggests, similar to Japan’s depression, subdued growth...
Persistent link: https://www.econbiz.de/10003721073
Approaching the issue of mounting global imbalances from the perspective of the quot;Bretton Woods II hypothesis,quot; this paper argues that the popular preoccupation with China's supposed export-led development strategy is misplaced. It also suggests, similar to Japan's depression, subdued...
Persistent link: https://www.econbiz.de/10012711566
A major factor behind this crisis is financialization of the system, with a growing disconnect between the monetary and the real sector. Some proponents of the Islamic finance claim such financial crisis would have been avoided, if asset-backed Islamic finance were adopted. However, while...
Persistent link: https://www.econbiz.de/10014200507
In our increasingly globalized economy, global competitiveness of countries and means to measure it gain increasing significance. One of the ways to measure it is by comparing an extent of economic freedom that countries have, which as surveys show can also largely explain differences in living...
Persistent link: https://www.econbiz.de/10012980643
This study investigates the main drivers of the differences in the economic fallout in advanced economies during the COVID-19 crisis. In addition to containment measures, the analysis places emphasis on pre-crisis factors that may have bolstered economic resilience during the health crisis and...
Persistent link: https://www.econbiz.de/10014077831
Market to ensure freer trade and perhaps to create an egalitarian Europe. The post-1993 period saw the biggest enlargement of … had happened in the EU. Our study makes a humble attempt to shed light on the role of trade (both intra-EU and EU versus … trade openness and government expenditure did contribute to per capita income convergence in the EU during the period of our …
Persistent link: https://www.econbiz.de/10012485951
developed here indicates that this ability depends on several characteristics of political institutions, such as congressional … institutions ; Public policies ; Government capabilities ; Intertemporal cooperation ; Development ; Policy index ; Credibility …
Persistent link: https://www.econbiz.de/10003844598