Author : Iraj Abedian
Publisher :
Page : 580 pages
File Size : 37,43 MB
Release : 1998
Category : Business & Economics
ISBN :
This book gives a brief historical perspective of South Africa, examines the country's macro-economic policy, the physical and human resources, the importance of the informal economy and income redistribution, and the appropriate role for government. It considers lessons for South Africa from the Newly Industrialized Countries. The authors also offer a workable growth policy consistent with long- and short-term economic issues.
Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 46 pages
File Size : 17,71 MB
Release : 2007-11-16
Category : Business & Economics
ISBN : 1498333192
This paper examines how fiscal policy can contribute to realizing the benefits of two important ongoing developments, globalization and financial deepening.
Author : Jacob A. Frenkel
Publisher : MIT Press
Page : 668 pages
File Size : 35,20 MB
Release : 1996
Category : Business & Economics
ISBN : 9780262561044
Covering a full array of topics in open economy macro and public economics, Fiscal Policies and Growth in the World Economy has been thoroughly revised and extended. The added material in this new edition includes stochastic rational-expectations extensions of the Mundell-Fleming model, the development of a dynamic-optimizing approach of the trade balance, and an entirely new part on issues of international economic convergence, which also contains a comprehensive policy overview. Other chapters have been updated or reorganized, and there is a brief guide to solving typical dynamic macro problems along with a printout of software suitable for numerical simulations. A companion diskette containing solutions in dynamic macro problems and some sample programs is available in GAUSS for IBM. The exercises and solutions manual by Krueger, Ostry, and Yuen has also been updated and extended. Fiscal Policies and Growth in the World Economy has been used successfully in graduate and senior undergraduate courses in international economics and public finance. The objective of this new edition remains the same as before: to treat the major topics in macro and public economics using both traditional and modern approaches. The traditional approach is first explained, from the simple income-expenditure model to the more advanced stochastic Mundell-Fleming model. The modern intertemporal approach is then presented, starting with the simple two-period model and extending it to a full-fledged dynamic model. Other sections review recent developments in the world economy; government spending, budget deficits, and differences across international taxation; and economic growth in the world economy, especially the convergence of income and growth levels across countries.
Author : Mr.Vito Tanzi
Publisher : International Monetary Fund
Page : 21 pages
File Size : 46,4 MB
Release : 1996-12-01
Category : Business & Economics
ISBN : 1451928289
This paper discusses the implications for tax systems of globalization of capital markets and of economies. It shows the extent to which particular taxes are affected by the globalization process. It speculates on future developments in this area and on tax competition.
Author : Michael Carlberg
Publisher : Springer Science & Business Media
Page : 302 pages
File Size : 19,60 MB
Release : 2010-01-05
Category : Business & Economics
ISBN : 3642104762
This book studies the strategic interactions between monetary and fiscal policies in the world economy. The world economy consists of two regions, say Europe and America. The policy makers are the central banks and the governments. The policy targets are low inflation, low unemployment, and low structural deficits. There are demand shocks, supply shocks, and mixed shocks. There are regional shocks and common shocks. This book develops a series of basic, intermediate, and more advanced models. Here the focus is on the Nash equilibrium. The key questions are: Given a shock, can policy interactions reduce the existing loss? And to what extent can they do so? Another topical issue is policy cooperation. To illustrate all of this there are a lot of numerical examples. The present book is part of a larger research project on European Monetary Union, see the references given at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association, at the International Conference on Macroeconomic Analysis, at the International Institute of Public Finance, and at the International Atlantic Economic Conference. Other parts were presented at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Göttingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, at the Research Seminar on Economics in Kassel, and at the Passau Workshop on International Economics.
Author : Ramkishen S. Rajan
Publisher : World Scientific
Page : 274 pages
File Size : 12,7 MB
Release : 2003
Category : Political Science
ISBN : 9789812795168
The term OC economic globalizationOCO has been discussed extensively in the popular press, by business executives and by policy-makers all over the world. While academic economists have made some excellent contributions to specific, technical aspects of economic globalization, there appears to be a need for economists to discuss the broader aspects of the issue in a more accessible manner. Failing this, the general debate will be informed only by the writings of non-economists. That is the motivation for this book, which is a collection of essays on various aspects of economic globalization in general, but with specific reference to Asia. Contents: Economic Globalization: Finance, Trade and Taxation: Economic Globalization and Small and Open Economies: Finance, Trade and Taxation; International Monetary and Financial Issues in East Asia: International Capital Flows and Regional Contagion: Boom and Bust in East Asia in the 1990s; Liquidity-Enhancing Measures and Monetary Cooperation in East Asia: Rationale and Progress; Choosing the Right Exchange Rate Regime for Small and Open Economies in East Asia; International Trade Issues in Asia: The Nexus Between Trade Liberalization and Poverty in Asia; India''s Decade-Long Trade Reforms: How Does It Compare with Its East Asian Neighbours? (with Rahul Sen); Singapore''s Drive to Form Cross-Regional Trade Pacts: Rationale and Implications (with Rahul Sen); International Trade in Infrastructural Services in East Asia: Telecommunications and Finance; International Tax Issues in Asia: Economic Globalization and Taxation: With Particular Reference to Southeast Asia (with Mukul Asher). Readership: Policy-makers, businessmen, professionals and others with an interest in international economic affairs and international economic policy."
Author : Horst Siebert
Publisher : Springer Science & Business Media
Page : 364 pages
File Size : 26,15 MB
Release : 2004-08-02
Category : Business & Economics
ISBN : 9783540219170
The integration of goods and financial markets has progressed on a global scale in recent years. Thus, the cyclical patterns in the world economy may have changed too. Against this background, experts in international economics analyze the synchronization of business cycles and their volatility in this book. Is there an European business cycle? What is the role of multinational corporations and monetary policy in transmitting business cycles? Further, they discuss the need and feasibility of internationally coordinating monetary and exchange rate policies and the quantitative effects of tax competition.
Author : Mr.Ayhan Kose
Publisher : International Monetary Fund
Page : 68 pages
File Size : 39,34 MB
Release : 2003-09-03
Category : Business & Economics
ISBN : 9781589062214
This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust causal relationship between financial integration and economic growth; (2) contrary to theoretical predictions, financial integration appears to be associated with increases in consumption volatility (both in absolute terms and relative to income volatility) in many developing countries; and (3) there appear to be threshold effects in both of these relationships, which may be related to absorptive capacity. Some recent evidence suggests that sound macroeconomic frameworks and, in particular, good governance are both quantitatively and qualitatively important in affecting developing countries’ experiences with financial globalization.
Author : Helmut M. Wagner
Publisher : Springer Science & Business Media
Page : 385 pages
File Size : 21,83 MB
Release : 2013-03-14
Category : Social Science
ISBN : 3662040824
Globalization and unemployment are two phenomena which are amongst the most widely discussed subjects in the economic debate today. Often, globalization is regarded as being responsible for the increase in unemployment, particularly in unskilled labor. This book deals with the correlation between globalization and unemployment under various aspects: historical aspects of globalization, empirical trends and theoretical explanations of unemployment, effects of globalization in general and of European Monetary Union in particular on umemployment, labor market policy in a global economy, the impact of fiscal policy on unemployment in a global economy, as well as the effects of globalization on inflation and national stabilization policy.
Author : Manas Chatterji
Publisher : Routledge
Page : 214 pages
File Size : 32,99 MB
Release : 2017-03-02
Category : Political Science
ISBN : 1351941895
This timely volume examines various economic, managerial, social and political aspects of globalization and its impact on local economies. State-of-the-art analytical models and original empirical research is used to understand four key and interrelated facets of globalization; ¢ To understand the prospects and the problems of international business and MNCs in the global economy. ¢ To analyze globalization as a process of change. ¢ To understand the new roles of nation states in light of the above. ¢ To articulate the uneasy idea that globalization has resulted in serious imbalances in the global economy. The collection hosts a list of internationally eminent scholars who explain the implications of globalization for progress, crises and conflicts in South and Southeast Asia.
