Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Imports Under A Foreign Exchange Constraint
Download Imports Under A Foreign Exchange Constraint full books in PDF, epub, and Kindle. Read online Imports Under A Foreign Exchange Constraint ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Imports Under a Foreign Exchange Constraint by : Mr.Adnan Mazarei
Download or read book Imports Under a Foreign Exchange Constraint written by Mr.Adnan Mazarei and published by International Monetary Fund. This book was released on 1995-09-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of foreign exchange receipts in determining Iran’s imports during 1961/62-1992/93. It provides evidence of the existence of long-term relationship between imports and foreign exchange receipts, as well as the traditional price and output variables.
Book Synopsis Imports Under a Foreign Exchange Constraint by : Cristián Morán V.
Download or read book Imports Under a Foreign Exchange Constraint written by Cristián Morán V. and published by . This book was released on 1988 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: To estimate how adjustment packages will affect the flow of imports, policymakers need to look beyond the traditional explanatory variables of gdp and real import prices. They must focus in addition on the availability of foreign exchange.
Book Synopsis Imports Under a Foreign Exchange Constraint by : Adnan Mazarei
Download or read book Imports Under a Foreign Exchange Constraint written by Adnan Mazarei and published by . This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dominant Currency Paradigm: A New Model for Small Open Economies by : Camila Casas
Download or read book Dominant Currency Paradigm: A New Model for Small Open Economies written by Camila Casas and published by International Monetary Fund. This book was released on 2017-11-22 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in local currency. We model instead a ‘dominant currency paradigm’ for small open economies characterized by three features: pricing in a dominant currency; pricing complementarities, and imported input use in production. Under this paradigm: (a) the terms-of-trade is stable; (b) dominant currency exchange rate pass-through into export and import prices is high regardless of destination or origin of goods; (c) exchange rate pass-through of non-dominant currencies is small; (d) expenditure switching occurs mostly via imports, driven by the dollar exchange rate while exports respond weakly, if at all; (e) strengthening of the dominant currency relative to non-dominant ones can negatively impact global trade; (f) optimal monetary policy targets deviations from the law of one price arising from dominant currency fluctuations, in addition to the inflation and output gap. Using data from Colombia we document strong support for the dominant currency paradigm.
Book Synopsis Foreign Exchange Constraints to Trade and Development by : Philip Chase Abbott
Download or read book Foreign Exchange Constraints to Trade and Development written by Philip Chase Abbott and published by . This book was released on 1984 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extract: Many less developed countries (LDC's), facing huge trade deficits and shortages of foreign exchange, reduced their agricultural imports over the past few years from the United States and others. Unless cash-short LDC's increase their exports and obtain food and financial aid, agricultural imports by LDC's will grow much more slowly in the next decade than in the last. While many LDC's face long-term problems, others appear to be in short-term liquidity crises; if their export growth resumes, so will their agricultural imports. China, Brazil, Mexico, Nigeria, and India are key to world cereal trade. Those projections are based on a two-gap model applied to 31 LDC's.
Book Synopsis Changing Patterns of Global Trade by : Nagwa Riad
Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
Book Synopsis Foreign Exchange Intervention Rules for Central Banks: A Risk-based Framework by : Romain Lafarguette
Download or read book Foreign Exchange Intervention Rules for Central Banks: A Risk-based Framework written by Romain Lafarguette and published by International Monetary Fund. This book was released on 2021-02-12 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI rule addresses a market failure: the absence of hedging solution for tail exchange rate risk in the market (i.e. high volatility). Market impairment or overshoot of exchange rate between two equilibria could generate high volatility and threaten financial stability due to unhedged exposure to exchange rate risk in the economy. The rule uses the concept of Value at Risk (VaR) to define FXI triggers. While it provides to the market a hedge against tail risk, the rule allows the exchange rate to smoothly adjust to new equilibria. In addition, the rule is budget neutral over the medium term, encourages a prudent risk management in the market, and is more resilient to speculative attacks than other rules, such as fixed-volatility rules. The empirical methodology is backtested on Banco Mexico’s FXIs data between 2008 and 2016.
Book Synopsis Government Policy and Food Imports by : Grant MacDonald Scobie
Download or read book Government Policy and Food Imports written by Grant MacDonald Scobie and published by Intl Food Policy Res Inst. This book was released on 1981 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research report on food policy and wheat imports in Egypt - examines the historical background to, and recent trends in wheat policy; describes an econometric model of wheat imports; discusses economic implications for food policy. Bibliography, graphs, statistical tables.
Book Synopsis East-west Agricultural Trade by : James R Jones
Download or read book East-west Agricultural Trade written by James R Jones and published by CRC Press. This book was released on 2019-03-11 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first study to focus specifically on the economics of agricultural trade issues in centrally planned economies, this volume contains recent findings of economists who have examined the decisionmaking processes and the trends that relate to agricultural trade with the West by Eastern Europe, the Soviet Union, and China. Future prospects for agri
Download or read book India written by Arvind Panagariya and published by OUP USA. This book was released on 2010-04-30 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The subject of India's rapid growth in recent years has become a prominent focus in the public eye. Documenting this growth, and addressing the issues raised by it, Arvind Panagariya offers a sweeping survey that describes and analyzes India's economic development since independence, as well as its prospects for the future"--OCLC
Book Synopsis Macroeconomic and Monetary Policy Issues in Indonesia by : Akhand Akhtar Hossain
Download or read book Macroeconomic and Monetary Policy Issues in Indonesia written by Akhand Akhtar Hossain and published by Routledge. This book was released on 2013-08-15 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the acquisition of its sovereignty from the Netherlands in 1949, Indonesia experienced serious economic and political problems during the 1950s and 1960s, before entering a three-decade-long period of rapid economic growth. Hard-hit by the financial crisis of the late 1990s, Indonesia undertook a wide range of economic and financial reforms. These reforms served to prepare it well for the 2007-08 global financial crisis, through which Indonesia passed relatively unscathed. Drawing on empirical research, this book presents a comprehensive empirical study on the key macroeconomic relations and monetary policy issues in Indonesia. The book analyses monetary, fiscal and exchange-rate policies, looking at their interactions and impacts on the economy. It demonstrates how important macroeconomic management for monetary and financial stability is to sustained national economic growth and development. Data from the 1970s is compared and contrasted with 1950s data to analyse macroeconomic policies and issues in an historical context. Statistical and econometric techniques are juxtaposed with general empirical results to supplement informative discussion of macroeconomic and monetary developments. This book is a useful contribution to studies on macroeconomics and international development, as well as Southeast Asian studies.
Book Synopsis The Macroeconomic Effects of Trade Tariffs by : Jesper Lindé
Download or read book The Macroeconomic Effects of Trade Tariffs written by Jesper Lindé and published by International Monetary Fund. This book was released on 2017-07-07 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the robustness of the Lerner symmetry result in an open economy New Keynesian model with price rigidities. While the Lerner symmetry result of no real effects of a combined import tariff and export subsidy holds up approximately for a number of alternative assumptions, we obtain quantitatively important long-term deviations under complete international asset markets. Direct pass-through of tariffs and subsidies to prices and slow exchange rate adjustment can also generate significant short-term deviations from Lerner. Finally, we quantify the macroeconomic costs of a trade war and find that they can be substantial, with permanently lower income and trade volumes. However, a fully symmetric retaliation to a unilaterally imposed border adjustment tax can prevent any real or nominal effects.
Book Synopsis The Economics of International Payments Unions and Clearing Houses by : Byron G. Auguste
Download or read book The Economics of International Payments Unions and Clearing Houses written by Byron G. Auguste and published by Springer. This book was released on 2016-07-27 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: International payments unions and clearing houses have been employed by 88 countries in Europe, Asia, Africa, Latin America and the Caribbean to liberalise regional trade and payments during the past 50 years. Yet, their impact on participating countries has not been well understood. When the republics of the former Soviet Union were deciding on new monetary regimes, many economists proposed a payments union but could not estimate its potential benefits or risks. This book presents the first fully articulated theory of international payments unions and clearing houses in order to answer the questions: When should a country choose to participate in a payments union? What benefits and costs have actually resulted from existing and past clearing houses? When should countries in a clearing house seek to form a payments union?
Book Synopsis The Economics of Foreign Aid by : Raymond F. Mikesell
Download or read book The Economics of Foreign Aid written by Raymond F. Mikesell and published by Transaction Publishers. This book was released on with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Foreign Exchange Constraint and Developing Economies by : Aleksandr V. Gevorkyan
Download or read book Foreign Exchange Constraint and Developing Economies written by Aleksandr V. Gevorkyan and published by Edward Elgar Publishing. This book was released on 2023-01-17 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Exchange Constraint and Developing Economies addresses the complex nature of foreign exchange constraint for macroeconomic and social development. The book collects expertise and perspectives from a diverse set of contributions. Using a combination of innovative theoretical and empirical approaches, the book suggests several analytical frameworks to help advance academic research and policy work on foreign exchange and sustainable development.
Book Synopsis Trade and Investment in China by : Jim Slater
Download or read book Trade and Investment in China written by Jim Slater and published by Routledge. This book was released on 2002-09-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is under close scrutiny both as a market that could provide massive returns to investors and because of its potential to become the most powerful economy in Asia. This new study examines the economic relationship between China and Europe, its importance and how it is likely to evolve. The book considers the flow of trade, direct investment and technology transfer and contains case studies of manufacturing industries (automobiles, toys, watches, telecommunications) banking and insurance. The trade relationship between Europe and China is being re-evaluated by both sides and this is a valuable contribution to that process.
Book Synopsis Free Trade and Prosperity by : Arvind Panagariya
Download or read book Free Trade and Prosperity written by Arvind Panagariya and published by Oxford University Press. This book was released on 2019-04-01 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. Free Trade and Prosperity offers the first full-scale defense of pro-free-trade policies with developing countries at its center. Arvind Panagariya, a professor at Columbia University and former top economic advisor to the government of India, supplies a historically informed analysis of many longstanding but flawed arguments for protection. He starts with an insightful overview of the positive case for free trade, and then closely examines the various contentions of protectionists. One protectionist argument is that "infant" industries need time to grow and become competitive, and thus should be sheltered. Other arguments are that emerging markets are especially prone to coordination failures, they are in need of diversification of their production structures, and they suffer from market imperfections. The panoply of protectionist arguments, including those for import substitution industrialization, fails when subject to close logical and empirical scrutiny. Free trade and outward-oriented policies are preconditions to both sustained rapid growth and poverty alleviation in developing countries. Panagariya provides compelling evidence demonstrating the failures of protectionism and the promise of free trade using detailed case studies of successful countries such as Singapore, Taiwan, South Korea, China and India. Low or declining barriers to free trade and high or rising shares of trade in total income have been key elements in the sustained rapid growth and poverty alleviation in these countries and many others. Free trade is like oxygen: the benefits are ubiquitous and not noticed until they are no longer there. This important book is an essential reminder of the costs of protectionism.
