[PDF] Is Twin Deficit Hypothesis In Pacific Island Countries Valid - eBooks Review

Is Twin Deficit Hypothesis In Pacific Island Countries Valid


Is Twin Deficit Hypothesis In Pacific Island Countries Valid
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Is Twin Deficit Hypothesis In Pacific Island Countries Valid


Is Twin Deficit Hypothesis In Pacific Island Countries Valid
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Author : T. K. Jayaraman
language : en
Publisher:
Release Date : 2008

Is Twin Deficit Hypothesis In Pacific Island Countries Valid written by T. K. Jayaraman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.




Toward A New Pacific Regionalism


Toward A New Pacific Regionalism
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Author : Roman Grynberg
language : en
Publisher:
Release Date : 2005

Toward A New Pacific Regionalism written by Roman Grynberg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Pacific Area categories.


This ADB-Commonwealth Secretariat Joint Report to the Pacific Island Forum Secretariat analyzes issues and possibilities for the new Pacific regionalism in the context of the commitment of Pacific Island Forum leaders to create a Pacific Plan for Strengthening Regional Cooperation and Integration.



Global Waves Of Debt


Global Waves Of Debt
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Author : M. Ayhan Kose
language : en
Publisher: World Bank Publications
Release Date : 2021-03-03

Global Waves Of Debt written by M. Ayhan Kose and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-03 with Business & Economics categories.


The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.



Budget Deficit Persistence And The Twin Deficits Hypothesis Computer File


Budget Deficit Persistence And The Twin Deficits Hypothesis Computer File
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Author : Michel Normandin
language : en
Publisher: Research Center on Employment and Economic Fluctuations, Université du Québec à Montréal = Centre de recherche sur l'emploi et les fluctuations économiques, Université du Québec à Montréal
Release Date : 2000*

Budget Deficit Persistence And The Twin Deficits Hypothesis Computer File written by Michel Normandin and has been published by Research Center on Employment and Economic Fluctuations, Université du Québec à Montréal = Centre de recherche sur l'emploi et les fluctuations économiques, Université du Québec à Montréal this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000* with categories.


This paper gauges the causal relationship between external and budget deficits by using Blanchard's overlapping generations model. This model tests the twin deficits hypothesis (i.e., there is a positive relationship between the deficits) and the Ricardian equivalence hypothesis (i.e., there is no link between the deficits). This model also implies that consumers forecast future budget deficits using (at least) the history of the two deficits. This implication is used to derive time series restrictions, which are testable for given consumers' planning horizons. For the relevant horizon, the response of the external deficit to an increase in the budget deficit is computed. For the Canadian and the U.S. economies, the relevant horizons can be as long as 83 years. However, given the persistence of the budget deficits, these horizons produce responses that are statistically significant. These findings reconcile the mixed results obtained in previous analyses.



Infrastructure S Role In Lowering Asia S Trade Costs


Infrastructure S Role In Lowering Asia S Trade Costs
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Author : Douglas H. Brooks
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-30

Infrastructure S Role In Lowering Asia S Trade Costs written by Douglas H. Brooks and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-30 with Business & Economics categories.


Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.



Asia And The Pacific


Asia And The Pacific
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Author : United Nations
language : en
Publisher: United Nations (Un)
Release Date : 2014

Asia And The Pacific written by United Nations and has been published by United Nations (Un) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.


"United Nations publication sales no E.14. II. F.6"--Title page verso.



Financial Sector Development In Pacific Island Economies Country Reports


Financial Sector Development In Pacific Island Economies Country Reports
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Author : Bruce Knapman
language : en
Publisher:
Release Date : 2001

Financial Sector Development In Pacific Island Economies Country Reports written by Bruce Knapman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Banks and banking categories.




Equity And Well Being


Equity And Well Being
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Author : Hyun Hwa Son
language : en
Publisher: Routledge
Release Date : 2013-04-03

Equity And Well Being written by Hyun Hwa Son and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-03 with Business & Economics categories.


Equity is an abstract concept covering philosophical issues such as fairness and social justice, making its definition and measurement complex. This volume tackles these complexities head-on. The book is enriched with many empirical analyses and provides a comprehensive analysis of equity ranging from concepts and measurements to empirical illustrations and policy implications. After an extensive discussion on equity in the introduction, this volume begins with a chapter on well-being where the concepts of functioning and capability are discussed. This is followed by a few chapters on what an equitable distribution is and how equity can be measured. The volume then provides a definition and a methodology to measure equitable growth, examining the relationship between growth, inequality, and poverty. It also presents various empirical illustrations and country-specific experiences with three country case studies which assess whether publicly provided health and education services are equitable in developing Asia, examining the extent to which these social services favor the poor as well as the policy challenges to a more equitable delivery of these services. Finally, these country studies provide evidence–based policy recommendations to improve equity in social service delivery in developing countries. Achieving social equity has long been an important policy goal. There are relatively few studies on equity. This book aims to help fill this gap with an in-depth analysis of the issues associated with equity, covering its concept, measurement, and policy practices and implications.



The Effectiveness Of Fiscal Policy In Stimulating Economic Activity


The Effectiveness Of Fiscal Policy In Stimulating Economic Activity
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Author : Richard Hemming
language : en
Publisher: International Monetary Fund
Release Date : 2002-12

The Effectiveness Of Fiscal Policy In Stimulating Economic Activity written by Richard Hemming and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-12 with Business & Economics categories.


This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.



Infrastructure For A Seamless Asia


Infrastructure For A Seamless Asia
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 2009

Infrastructure For A Seamless Asia written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Asia categories.


This study examines major challenges and issues associated with developing regional infrastructure through the fostering of regional cooperation in Asia, and provides a framework for pan-Asian infrastructure cooperation. The study's long-term vision is the creation of a seamless Asia (an integrated region connected by world-class, environmentally friendly infrastructure) in terms of both "hard" (physical) and "soft" (facilitating) infrastructure. The soft part supports the development and operation of the hard component. Findings indicate that the benefits of upgrading and extending Asia's infrastructure networks are substantial, and that all countries in the region would benefit. A logistics network is only as good as its weakest link; each country in a regional supply chain gains from infrastructure improvements made in others. Improving connectivity in the region would bring Asia large welfare gains through increased market access, reduced trade costs, and more efficient energy production and use. According to the study, to achieve this Asia needs to invest approximately $8 trillion in overall national infrastructure between 2010 and 2020. In addition, Asia needs to spend approximately $290 billion on specific regional infrastructure projects in transport and energy that are already in the pipeline