by Roberto ; Kose Cardarelli (Ayhan), Economic Integration Business Cycle And Productivity In North America Books available in PDF, EPUB, Mobi Format. Download Economic Integration Business Cycle And Productivity In North America books,
by M. Ayhan Kose, Economic Integration Business Cycle And Productivity In North America Books available in PDF, EPUB, Mobi Format. Download Economic Integration Business Cycle And Productivity In North America books, This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement (CUSFTA), have led to a substantial expansion of trade flows. Although common factors have played a larger role in explaining business cycles in Canada and the United States since the early 1980s, country-specific and idiosyncratic factors remain important for Canada. At the same time, while increased trade integration seems to have positively contributed to total factor productivity of Canadian industries, the persistence of structural differences between the two countries has prevented convergence of aggregate labor productivity. While these findings seem to weigh against moving toward a monetary union, they also suggest that substantial benefits could be reaped from further reducing remaining barriers to trade.
by Roberto Cardarelli, Economic Integration Business Cycles And Productivity In North America Books available in PDF, EPUB, Mobi Format. Download Economic Integration Business Cycles And Productivity In North America books,
by Rolf J. Langhammer, Monetary Policy And Macroeconomic Stabilization In Latin America Books available in PDF, EPUB, Mobi Format. Download Monetary Policy And Macroeconomic Stabilization In Latin America books, Latin America is a very important region of the globe, which has been buffeted by successive waves of economic instability within the last decades. These waves have caused several episodes of hyperinflation or near hyperinflation, and several currency and financial crises, which, in certain moments, have even spilled over and affected other emerging markets. This has resulted in huge costs in terms of lost potential growth, and, as is inevitable, the markets most affected by this have been the least capable of defending themselves. In a region plagued by still considerable rates of social exclusion, with some of the highest rates of income concentration in the whole globe, the human costs of these crises have been very substantial. Starting in the early 1990s, the slow implementation of reforms, plus the resumption of more sustained growth—to a substantial degree linked to the increase in commodity prices, especially since the early 2000s—seems to have resulted in a more stable situation. Initially, in early reformers like Chile, later in the larger economies of the region, like Brazil and Mexico, a consensus— embraced by both sides of the political spectrum—towards integration in global markets, both in their trade and financial components, floating exchange rates, independent monetary authorities, and sustainable fiscal policies has emerged.
by Subrata Ghatak, Development Macroeconomics Books available in PDF, EPUB, Mobi Format. Download Development Macroeconomics books, This brings together relevant papers on macro-, monetary and development economics from many eminent economists from all over the world who are closely associated with the works of Late Professor Anita Ghatak of Greenwich University, UK who was an expert in the field of macroeconomics and econometrics. It comprises a variety of articles which are highly significant in the analysis of macroeconomic policies both in developed and in-transition economies. There are several main topics covered in this book such as the test of new theories of economic growth and convergence and the use of dynamic and rigorous time-series econometric methods for analysing money demand functions in transition economies. This work details the meaning of economic development and the comparative analysis of the recent growth of India and China, also the modelling of the macroeconomics of poverty reduction and the monetary policy rules in transition economies. Lastly, the research analyses the Asian Financial crisis, the impact of migration on investment and economic growth and international consumption patterns.
Author: Theodore Geiger Publisher: London : Trade Policy Research Centre ISBN: Release: 1975 Size: 34.87 MB Format: PDF, Kindle Category : Amérique du Nord - Intégration économique Languages : en Pages : 54 View: 2291
by , The American Economic Review Books available in PDF, EPUB, Mobi Format. Download The American Economic Review books, Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.
by Sam Dzever, Perspectives On Economic Integration And Business Strategy In The Asia Pacific Region Books available in PDF, EPUB, Mobi Format. Download Perspectives On Economic Integration And Business Strategy In The Asia Pacific Region books, The book contains selected papers presented at two international Euro-Asia research conferences held in Nantes and Poitiers, France, in 1994 and 1995. These papers are among the most recent empirical works concerned with the analysis of economic transformation and business strategy in the Asia-Pacific region. Various themes are addressed ranging from an assessment of the environment to more specific issues, e.g. business and marketing strategies of firms operating in this region. Countries given particular attention include: China, Japan, South Korea, India, Taiwan and Vietnam. The book represents a comprehensive and up-to-date appraisal of the effects of economic transformation and business strategy of firms operating in one of the world's most dynamic regions.
by Chun Kwok Lei, Economic Convergence In Greater China Books available in PDF, EPUB, Mobi Format. Download Economic Convergence In Greater China books, Although China's economy has grown very rapidly in recent decades, there are still very large differences between the economy of mainland China and the economies of Hong Kong, Macau and Taiwan. For example, per capita income in Hong Kong is many, many times higher than per capita income in mainland China. This book considers the degree to which economic convergence between mainland China, Hong Kong, Macau and Taiwan has occurred, and the prospects for increased convergence in the future. It considers economic integration between China and its two Special Administrative Regions (SARS), emphasising the large volume of capital flows and exports, especially from Hong Kong into China, and showing that the economies are highly integrated, despites their differences. It examines income convergence, and changes in productivity, using the same measures for both China and the two SARS, unlike most existing studies. It explores how economic reforms have been crucial to increasing convergence so far, and will continue to be in the future, and concludes by discussing the implications for policy of encouraging increased convergence.
by Willem H. Boshoff, Business Cycles And Structural Change In South Africa Books available in PDF, EPUB, Mobi Format. Download Business Cycles And Structural Change In South Africa books, This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity – so-called ‘turning-point cycles’ – the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles in an emerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle.
by Sanjay Sehgal, Economic And Financial Integration In South Asia Books available in PDF, EPUB, Mobi Format. Download Economic And Financial Integration In South Asia books, This book analyses the current state and potential of economic and financial integration in South Asia, which has emerged as one of the most dynamic regions of the world. It looks at how regional convergences and cooperation would reinforce ties amongst the diverse economies of South Asia in the changing global economic landscape. Drawing on empirical research, the book looks at the degree of economic and financial integration in South Asia, which according to the World Bank includes the least integrated regions in the world, and explores the fundamental factors that drive integration amongst these countries. It offers important insights into the financial landscape of the region, as well as the dynamics of the interlinkages in the banking system, the stock markets, and the debt markets. The book examines the role of bilateral trade in augmenting regional economic ties, the opportunities for growth these will foster, and the major challenges and roadblocks for the leaders of the region. It also provides an overview of China’s role in South Asia’s financial integration and the interdependence of these economies for economic opportunities, macroeconomic and financial stability, jobs, sustainable growth, and inclusive development. Detailed and insightful, this book will be of great interest to investors and regional policymakers. It will also be of interest to researchers and students of economics, public and foreign policy, finance, international relations, and South Asia studies.
by Mr.Ayhan Kose, How Has Nafta Affected The Mexican Economy Review And Evidence Books available in PDF, EPUB, Mobi Format. Download How Has Nafta Affected The Mexican Economy Review And Evidence books, This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.
by Marcus Kappler, Business Cycle Synchronisation And Economic Integration Books available in PDF, EPUB, Mobi Format. Download Business Cycle Synchronisation And Economic Integration books, This book offers the reader a state-of-the-art overview on theory and empirics of business cycle synchronisation, structural reform and economic integration. Focusing on the ongoing integration process in the euro area and the EU, it analyses the integration process that has taken place since the 1980s and which is marked by the advent of the euro and the substantial enlargement that resulted from the accession of 12 new Member States in East and Southern Europe.