This study aims to identify the determinants of FDI from previous literature. It can be concluded that infrastructure have a positive effect on FDI. also conclude trade openness cause escalate. Inflation give negative results Higher inflation may return lower. Hence drops. said there is and link between corruption inflows. Market size positively significantly influence Therefore, government sho...

This paper studies the interaction between monetary and macro-prudential policies in a simple model with both nominal and financial frictions. The nominal friction gives rise to a conventional monetary policy objective emphasized in the New Keynesian literature. The financial friction, in the form of an occasionally binding collateral constraint, gives rise to a financial stability objective. ...

A decade ago, in July 1990, the Australian economy had just entered a severe recession. Real GDP slowed in the first half of 1990, and then began to fall in the second half of the year. The rate of unemployment in mid 1990 was around 63/4 per cent but rose sharply in the following year. The rate of inflation was around 6 per cent, but was about to decline quickly, to levels not seen since the e...

Emerging market countries increasingly issue nominal government debt. At the same time, these countries experience sovereign debt crises with default and high inflation. This paper studies the implications of debt denomination for sovereign default and inflation policies. Using bond-level data on government borrowing, I show that default and inflation rates vary systematically with debt denomin...

convertibility is an important factor in international trade where instruments valued in different currencies will be exchanged. convertibility can be either total manner or a partial manner. however, whatever the type of convertibility, there will be advantages and disadvantages to  the economy of a country of which has  made a convertibility of its national currency. convertibility was studie...

The current study aims to analyze the factors influencing ASEAN economic growth and integration. Specifically, variables of inter-regional trade, human resource development, corruption were investigated in six lower-middle-income countries from 1996 2019 through Driscoll Kraay’s, Newey West’s, Dumitrescu Hurlin’s as causal analysis. study’s results found that capital had an impact 0.248%, labor...

market economies has remained remarkably subdued over the past two years despite a significant rise in commodity prices, strong growth, and a broadly accommodating monetary policy stance in the major currency areas. Is this situation sustainable or does it foreshadow unwelcome inflation surprises in the near future? Some analysts have argued that low and stable inflation reflects more intense g...

a r t i c l e i n f o Global slack hypothesis Inflation expectations Openness Small open economy DSGE model Korea This paper studies the implications of globalization for the dynamics of macroeconomic variables over the business cycle for a small open trade-dependent economy, such as South Korea. We study the impact of globalization through the lens of a structural model. Globalization is model...