International Economic and Financial Problems.
نویسندگان
چکیده
منابع مشابه
International Financial Liberalization and Economic Growth
This paper pulls together existing theory and evidence to assess whether international financial liberalization, by improving the functioning of domestic financial markets and banks, accelerates economic growth. The analysis suggests that the answer is “yes.” First, liberalizing restrictions on international portfolio flows tends to enhance stock market liquidity. In turn, enhanced stock market...
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T his study investigates the effects of extra-ECOWAS merchandise trade and investment flows on the transmission of business cycles in the selected ECOWAS between 1985 and 2014. The study finds that total trade and foreign direct investment (FDI) significantly influence the transmission of business cycles with elasticities of 1.1 and 0.7, respectively in the long run. There are little vari...
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Let me begin by thanking Australian Banking & Finance News Magazine for the invitation to speak to you today. It is very pleasing to see such a distinguished group of speakers talking about the financial services industry in the region, an activity in which Australia, and especially Sydney, is very heavily involved. I have been asked to give a perspective on the international economy. This is s...
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We examine some recent cases in which stabilisation has failed for political reasons, in the process developing a model of political response to crisis which stems from the ‘survival strategy’ literature. Alongside the ‘standard’ correlations of stabilisation failure with inequality and deficiencies in social capital, we also draw attention in this context to the ability of ‘pro-poor expenditur...
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The financial sector received little attention in the literature on macroeconomic policy, growth and development until fairly recently. In fact, post-war macroeconomics in both the Keynesian and monetarist traditions paid little or no attention to banks and other financial institutions. This is somewhat ironic because both approaches were well aware of the role of banks in propagating the Great...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 1920
ISSN: 0013-0133
DOI: 10.2307/2223016