Open And Closed Economies
Download Open And Closed Economies full books in PDF, epub, and Kindle. Read online free Open And Closed Economies ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Roderick Macdonald |
| Publisher | : Palgrave Macmillan |
| Total Pages | : 145 |
| Release | : 2021-11-24 |
| Genre | : Business & Economics |
| ISBN | : 9783030795337 |
This book compares the experiences of the Philippines and Vietnam to gain insight into how openness to trade and financing can increase prosperity. In contrast, theoretical and empirical work in the 20th and early 21st centuries have returned mixed results regarding this assertion. The book also demonstrates the impracticality of any attempt to pursue prosperity in isolation. Chapter 1 discusses recent data and research on international trade and capital mobility. Chapter 2 describes the economy of Vietnam that has grown rapidly since beginning to open in 1994. Chapter 3 relates the stagnation of the Philippines as it remained closed from 1960 to 1994 and examines the recent rapid growth in spite of the continued relative restrictiveness of Philippine policy. Chapter 4 compares the two experiences and then conjectures about the feasibility of a prosperous autarky.
| Author | : Helmut Frisch |
| Publisher | : Springer |
| Total Pages | : 437 |
| Release | : 2016-07-27 |
| Genre | : Business & Economics |
| ISBN | : 1349128848 |
The integration of market economies is one of the most remarkable features of international economics, which has important implications for macroeconomic performance in open economies. Equally important is the declining relevance of the real versus the monetary theory dichotomy. These papers focus on those aspects of monetary policy which relate to credibility and non-neutrality; the domestic adjustment to foreign shocks; the interdependence of open economies and their strategic interactions. An important section is also devoted to the innovative modelling of exchange rate dynamics.
| Author | : Organisation for Economic Co-operation and Development |
| Publisher | : OECD Publishing |
| Total Pages | : 184 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : |
The benefits of open markets are tangible. In the last decade, countries that have been more open to trade and investment have achieved double the average annual growth of more closed economies. More individuals, firms and nations than ever before depend on the gains from trade and investment liberalisation. Yet anxiety about the effects of greater market integration remains. It is essential for long-term world prosperity that countries' commitment to trade and investment liberalisation be sustained. To be credible, that commitment must be rooted in and enjoy broad public support and understanding. This makes it all the more important to communicate what trade and investment liberalisation can and cannot do and be held responsible for. Trade and investment liberalisation is not painless. It should not be viewed as a cure-all nor presented as an end in itself. It is, however, an essential component of any coherent set of policies aimed at helping societies adjust to - and take advantage of - technology-driven transformations whose pace and depth are unprecedented. The stakes are high. This book examines the various channels through which open markets deliver considerable benefits to societies and their citizens; recalls the real pocket-book costs of protectionism; and addresses the full range of concerns that feature prominently in ongoing discussions over the effects of market liberalisation on employment, income distribution, environmental protection and national sovereignty. A central message of this book is that liberalisation forms part of the solution to the concerns of citizens, rather than being their root cause. The book's comprehensive treatment of the ins and outs of trade and investment liberalisation should make an important contribution to the public debate. It is essential reading for public officials, business leaders and private citizens who wish to take an active part in it.
| Author | : Roderick Macdonald |
| Publisher | : Springer Nature |
| Total Pages | : 161 |
| Release | : 2021-11-23 |
| Genre | : Business & Economics |
| ISBN | : 3030795349 |
This book compares the experiences of the Philippines and Vietnam to gain insight into how openness to trade and financing can increase prosperity. In contrast, theoretical and empirical work in the 20th and early 21st centuries have returned mixed results regarding this assertion. The book also demonstrates the impracticality of any attempt to pursue prosperity in isolation. Chapter 1 discusses recent data and research on international trade and capital mobility. Chapter 2 describes the economy of Vietnam that has grown rapidly since beginning to open in 1994. Chapter 3 relates the stagnation of the Philippines as it remained closed from 1960 to 1994 and examines the recent rapid growth in spite of the continued relative restrictiveness of Philippine policy. Chapter 4 compares the two experiences and then conjectures about the feasibility of a prosperous autarky.
| Author | : Fernando de Holanda Barbosa |
| Publisher | : Springer |
| Total Pages | : 467 |
| Release | : 2018-09-20 |
| Genre | : Business & Economics |
| ISBN | : 3319921320 |
Macroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price-level determination. Macroeconomics takes account of stylized facts observed in the real world and builds theoretical frameworks to explain such facts. Economic growth is a stylized fact of market economies, since England’s nineteenth-century industrial revolution. Until then, poverty was a common good for humanity. Economic growth consists in the persistent, smooth and sustained increase of per-capita income. A market economy shows periods of expanding and contracting economic activity. This phenomenon is the economic cycle. The price of money is the amount of goods bought with one unit of money, in other words, the inverse of the price level. Determination of the price level, or the value of money, is a fascinating subject in a fiat money economy.
| Author | : Paul R. Krugman |
| Publisher | : Harvard Business Press |
| Total Pages | : 64 |
| Release | : 2009 |
| Genre | : Business & Economics |
| ISBN | : 1422133400 |
Nobel-Prize-winning economist Paul Krugman argues that business leaders need to understand the differences between economic policy on the national and international scale and business strategy on the organizational scale. Economists deal with the closed system of a national economy, whereas executives live in the open-system world of business. Moreover, economists know that an economy must be run on the basis of general principles, but businesspeople are forever in search of the particular brilliant strategy. Krugman's article serves to elucidate the world of economics for businesspeople who are so close to it and yet are continually frustrated by what they see. Since 1922, Harvard Business Review has been a leading source of breakthrough management ideas-many of which still speak to and influence us today. The Harvard Business Review Classics series now offers readers the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world-and will have a direct impact on you today and for years to come.
| Author | : Mr.Rabah Arezki |
| Publisher | : International Monetary Fund |
| Total Pages | : 54 |
| Release | : 2015-09-29 |
| Genre | : Business & Economics |
| ISBN | : 1513590766 |
This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about future output ? the delay between a discovery and production is on average 4 to 6 years. We first present a two-sector small open economy model in order to predict the responses of macroeconomic aggregates to news of an oil discovery. We then estimate the effects of giant oil discoveries on a large panel of countries. Our empirical estimates are consistent with the predictions of the model. After an oil discovery, the current account and saving rate decline for the first 5 years and then rise sharply during the ensuing years. Investment rises robustly soon after the news arrives, while GDP does not increase until after 5 years. Employment rates fall slightly for a sustained period of time.
| Author | : A.C. Kamil |
| Publisher | : Springer |
| Total Pages | : 700 |
| Release | : 1987-05 |
| Genre | : Science |
| ISBN | : |
Foraging behavior has always been a central concern of ecology. Understanding what animals eat is clearly an essential component of under standing many ecological issues including energy flow, competition and adaptation. Theoretical and empirical developments in the late 1960's and 1970's led to a new emphasis in the study of foraging behavior, the study of individual animals in both field and laboratory. This development, in turn, led to an explosion of interest in foraging. Part of the reason for this explosion is that when foraging is studied at the individual level, it is relevant to many disciplines. Behaviorists, including ethologists and psychologists, are interested in any attempt to understand behavior. Ecologists know that a better understanding of foraging will contribute to resolving a number of important ecological issues. Anthropologists and others are applying the ideas coming out of the study of foraging behavior to problems within their disciplines. These developments led to a multidisciplinary symposium on foraging behavior, held as part of the 1978 Animal Behavior Society meetings in Seattle, Washington. Many ecologists, ethologists and psychologists participated or attended. The symposium was very successful. generating a high level of excitement. As a result, the participants decided to publish the proceedings of the symposium (Kami1 & Sargent 1981).
| Author | : Inter American Development Bank |
| Publisher | : Inter-American Development Bank |
| Total Pages | : 242 |
| Release | : 2013-10-01 |
| Genre | : Art |
| ISBN | : |
This manual has been designed and written with the purpose of introducing key concepts and areas of debate around the "creative economy", a valuable development opportunity that Latin America, the Caribbean and the world at large cannot afford to miss. The creative economy, which we call the "Orange Economy" in this book (you'll see why), encompasses the immense wealth of talent, intellectual property, interconnectedness, and, of course, cultural heritage of the Latin American and Caribbean region (and indeed, every region). At the end of this manual, you will have the knowledge base necessary to understand and explain what the Orange Economy is and why it is so important. You will also acquire the analytical tools needed to take better advantage of opportunities across the arts, heritage, media, and creative services.
| Author | : Friedrich Schneider |
| Publisher | : Cambridge University Press |
| Total Pages | : 225 |
| Release | : 2013-02-14 |
| Genre | : Business & Economics |
| ISBN | : 1107034841 |
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
