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Relative Prices Capital Goods Imports And The Foreign Exchange Constraint
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Book Synopsis Relative Prices, Capital Goods Imports, and the Foreign Exchange Constraint by : Constantine Michalopoulos
Download or read book Relative Prices, Capital Goods Imports, and the Foreign Exchange Constraint written by Constantine Michalopoulos and published by . This book was released on 1971 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Agency for International Development. Bureau for Program and Policy Coordination Publisher : ISBN 13 : Total Pages :36 pages Book Rating :4.0/5 ( download)
Book Synopsis Policy Discussion Paper by : United States. Agency for International Development. Bureau for Program and Policy Coordination
Download or read book Policy Discussion Paper written by United States. Agency for International Development. Bureau for Program and Policy Coordination and published by . This book was released on 1971 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Price of Capital Goods: A Driver of Investment Under Threat by : Weicheng Lian
Download or read book The Price of Capital Goods: A Driver of Investment Under Threat written by Weicheng Lian and published by International Monetary Fund. This book was released on 2019-06-28 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show that the decline in the relative price of tangible tradable capital goods provided a significant impetus to the capital deepening that took place during the same time period. The broad-based decline in the relative price of machinery and equipment, in turn, was driven by the faster productivity growth in the capital goods producing sectors relative to the rest of the economy, and deeper trade integration, which induced domestic producers to lower prices and increase their efficiency. Our findings suggest an additional channel through which rising trade tensions and sluggish productivity could threaten real investment growth going forward.
Book Synopsis Capital Goods Imports, the Real Exchange Rate and the Current Account by : Luis Serven
Download or read book Capital Goods Imports, the Real Exchange Rate and the Current Account written by Luis Serven and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital goods account for a major share of international trade, yet trade in capital goods is typically ignored in conventional macroeconomic models of open economies. As a consequence, such models may provide an incomplete - and misleading - assessment of the macroeconomic effects of policy changes and external shocks.
Book Synopsis Economic Growth and the Balance-of-Payments Constraint by : John McCombie
Download or read book Economic Growth and the Balance-of-Payments Constraint written by John McCombie and published by Springer. This book was released on 2016-07-27 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: '... a well written book ... covering ... a vast amount of material ... well balanced between the theoretical and applied works. The authors are judicious and fair in providing a balanced treatment of the two alternative theories of growth performance: supply-oriented and demand-oriented. The book will serve as a guideline to researchers and policymakers ... as a textbook for upperdivision undergraduate and graduate courses.'- Kashi Nath Tiwari, Kennesaw State College This is the first book of its kind to argue in a consistent and comprehensive way the idea that a country's growth performance cannot be properly understood without reference to the performance of its tradeable goods sector and the strength of its balance of payments. It puts forward a demand orientated theory of why growth rates differ between countries where the major constraint on demand is the balance of payments. The book is critical of neoclassical growth analysis and provides an alternative theory of growth performance to the supply orientated approach of neoclassical theory. There are theoretical chapters comparing and contrasting neoclassical growth analysis with the new demand orientated approach, and empirical sections which apply the new model to regions and countries, including two case studies of the UK and Australia.
Book Synopsis Monthly Catalog of United States Government Publications by :
Download or read book Monthly Catalog of United States Government Publications written by and published by . This book was released on 1976 with total page 1194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A.I.D. Discussion Paper No. 23 by : United States. International Development Agency
Download or read book A.I.D. Discussion Paper No. 23 written by United States. International Development Agency and published by . This book was released on 1971 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Peripheral Visions of Economic Development by : Mario Garcia-Molina
Download or read book Peripheral Visions of Economic Development written by Mario Garcia-Molina and published by Routledge. This book was released on 2015-10-05 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores peripheral visions on economic development, both in the sense that it deals with specific issues of economic development and underdevelopment in countries at the periphery of the world economy, and in terms of its exploration of the economic thinking developed in those regions, particularly in Latin America. Bringing together an international group of historians of thought, economic historians and development economists from Latin America, Europe and other parts of the world, this volume is highly credited and is an excellent contribution to development economic studies. This book is divided into four parts. Following the introduction, the first set of papers describes the evolution of core-periphery perspectives in key contributions by Raúl Prebisch, Oskar Lange, Albert Hirschman, Celso Furtado and Homero Cuevas. The second set discusses the links between unbalanced productive structures and external trade in peripheral countries. The third set contains papers on critical episodes in the development of monetary and financial systems in Latin America during the 19th and 20th centuries. The fourth set deals with geographical and institutional aspects of path dependence in the governance of external trade and in the development of liberties, property rights and economic education in Europe, Latin America and Africa. Several chapters make use of hitherto unexplored archival material. Other chapters draw attention to important episodes or literatures that have largely gone unnoticed in the English-speaking world. Yet others combine conceptual innovations with work on new historical data and other sources hitherto not utilized in such contexts. This book is ideal for those who study and research development economics, history of economic thought and economic history, especially in Latin America.
Author :United States. Agency for International Development. Bureau for Technical Assistance Publisher : ISBN 13 : Total Pages :626 pages Book Rating :4.:/5 (319 download)
Book Synopsis Catalogue of Research Literature for Development: Food production and nutrition, development and economics, education and human resources, health, selected development areas by : United States. Agency for International Development. Bureau for Technical Assistance
Download or read book Catalogue of Research Literature for Development: Food production and nutrition, development and economics, education and human resources, health, selected development areas written by United States. Agency for International Development. Bureau for Technical Assistance and published by . This book was released on 1977 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Open Economy Macroeconomics by : Martín Uribe
Download or read book Open Economy Macroeconomics written by Martín Uribe and published by Princeton University Press. This book was released on 2017-04-04 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cutting-edge graduate-level textbook on the macroeconomics of international trade Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced enormous growth over the past several decades. This rigorous and self-contained textbook brings graduate students, scholars, and policymakers to the research frontier and provides the tools and context necessary for new research and policy proposals. Martín Uribe and Stephanie Schmitt-Grohé factor in the discipline's latest developments, including major theoretical advances in incorporating financial and nominal frictions into microfounded dynamic models of the open economy, the availability of macro- and microdata for emerging and developed countries, and a revolution in the tools available to simulate and estimate dynamic stochastic models. The authors begin with a canonical general equilibrium model of an open economy and then build levels of complexity through the coverage of important topics such as international business-cycle analysis, financial frictions as drivers and transmitters of business cycles and global crises, sovereign default, pecuniary externalities, involuntary unemployment, optimal macroprudential policy, and the role of nominal rigidities in shaping optimal exchange-rate policy. Based on courses taught at several universities, Open Economy Macroeconomics is an essential resource for students, researchers, and practitioners. Detailed exploration of international business-cycle analysis Coverage of financial frictions as drivers and transmitters of business cycles and global crises Extensive investigation of nominal rigidities and their role in shaping optimal exchange-rate policy Other topics include fixed exchange-rate regimes, involuntary unemployment, optimal macroprudential policy, and sovereign default and debt sustainability Chapters include exercises and replication codes
Book Synopsis Economic Structure and Performance by : Hollis B. Chenery
Download or read book Economic Structure and Performance written by Hollis B. Chenery and published by Academic Press. This book was released on 2014-05-10 with total page 611 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Structure and Performance: Essays in Honor of Hollis B. Chenery briefly reviews the work of Hollis Chenery in the field of economics. This book discusses the underlying themes in Chenery's work, including structure, strategy, adjustment, and models. Organized into four parts encompassing 26 chapters, this book begins with an overview of the patterns of structural change and their relation to growth. This text then examines the objectives, measures, and implementation of policy, as well as administrative capabilities and cultural characteristics. Other chapters compare Chenery's econometric analysis of development patterns with the historical analyses and suggest that the two approaches complement each other. This book discusses as well the persistence of disequilibrium in segments of the economy. The final chapter deals with simple criteria for detecting critical interdependencies and a formula for measuring their welfare consequences. This book is a valuable resource for economists, industrialists, foreign capitalists, and social scientists.
Book Synopsis Foreign Exchange Constraints and Growth Possibilities in LDCs by : Jaime R. Marquez
Download or read book Foreign Exchange Constraints and Growth Possibilities in LDCs written by Jaime R. Marquez and published by . This book was released on 1984 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Framework for Macroeconomic Analysis by : Colin A. Bruce
Download or read book Framework for Macroeconomic Analysis written by Colin A. Bruce and published by World Bank Publications. This book was released on 1991 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models of the RMSM-X genre can-- while preserving their logical structure-- incorporate behavioral equations and provide useful insights into policy actions that would correct internal and external macroeconomic imbalances.
Book Synopsis Area Handbook for Argentina by : Thomas E. Weil
Download or read book Area Handbook for Argentina written by Thomas E. Weil and published by . This book was released on 1974 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: General study of Argentina - includes historical and geographical aspects, demographic aspects and social structures, ethnic groups, the educational system, culture, living conditions, the political system, international relations, the economic structure (agriculture, industry, etc.), internal security and administration of justice, the armed forces, etc. Bibliography pp. 343 to 380, maps and statistical tables.
Book Synopsis Foreign Affairs Research Papers Available by : Foreign Affairs Research Documentation Center
Download or read book Foreign Affairs Research Papers Available written by Foreign Affairs Research Documentation Center and published by . This book was released on 1970 with total page 938 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Real Exchange Rates, Economic Complexity, and Investment by : Steve Brito
Download or read book Real Exchange Rates, Economic Complexity, and Investment written by Steve Brito and published by International Monetary Fund. This book was released on 2018-05-10 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show that the response of firm-level investment to real exchange rate movements varies depending on the production structure of the economy. Firms in advanced economies and in emerging Asia increase investment when the domestic currency weakens, in line with the traditional Mundell-Fleming model. However, in other emerging market and developing economies, as well as some advanced economies with a low degree of structural economic complexity, corporate investment increases when the domestic currency strengthens. This result is consistent with Diaz Alejandro (1963)—in economies where capital goods are mostly imported, a stronger real exchange rate reduces investment costs for domestic firms.
Book Synopsis The Effects of Distortions in the Factor Market by : Jaime De Melo
Download or read book The Effects of Distortions in the Factor Market written by Jaime De Melo and published by . This book was released on 1976 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: