Reexamination of the Purchasing Power Parity (PPP) under Cournot Competition [PDF]
This paper reexamines the Purchasing Power Parity (PPP) in an open economy macroeconomic model with Cournot competition in the international trade of a unique good.
Dai, Meixing
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Reforming the World's Money. ESRI Memorandum Series No. 29 1965(?) [PDF]
The author advances his main thesis in his second sentence: the question of the amount and nature of the reserves (external currencies and gold) held by countries is "a major problem and indeed the most important problem confronting those responsible for
Geary, R.C., Harrod, Roy
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Trade in Services: Note on the Measurement and Quality of Data Sources [PDF]
This note gives a comprehensive overview of the currently available international databases on trade in services. Notwithstanding problems in data collection arising from the very wide definition of trade in services (i.e. the four GATS modes in contrast
Pindyuk, Olga, Woerz, Julia
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Tourism industry development in the Republic of Serbia (2008-2017) [PDF]
The economy of many countries in the world are based on tourism, which is especially significant in its multiplier effect on trade flows. Tourism has an impact (direct or indirect) on the Gross Domestic Product (GDP), the balance of payments, employment,
Zlatanović Vesna
doaj
AN ANALYSIS OF TRADE BALANCE AND MAIN ACTIVITIES OF ROMANIAN SUBSIDIARIES OF TRANSNATIONAL COMPANIES DURING THE PERIOD 2014-2022 [PDF]
Foreign direct investment (FDI) is to an increasing extent given credit for the economic development of a country along with the creation of new jobs, foreign capital, technology and knowledge transfer, generating positive spillover effects or the ...
ION PĂNESCU, NICOLETA-ELENA CRISTEA
doaj
EFEITO DA ABERTURA COMERCIAL NA VARIAÇÃO DA TAXA DE CÂMBIO REAL EM EPISÓDIOS DE SUDDEN STOP [PDF]
This paper investigates the relationship between trade openness and the current account reversal cost in economies that have experienced sudden stops. At the beginning of such episode, governments usually attempt to equilibrate the balance of payments ...
Enrico Vasconcelos, Maria Cristina Terra
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"Trade and Payments Theory in a Financialized Economy" [PDF]
Ricardian trade theory was based on the cost of labor at a time when grain and other consumer goods accounted for most subsistence spending. But today's budgets are dominated by payments to the finance, insurance, and real estate (FIRE) sector and to ...
Michael Hudson
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South German Silver, European Textiles, and Venetian Trade with the Levant and Ottoman Empire, c. 1370 to c. 1720: A non-mercantilist approach [PDF]
A recurrent and indeed persistent problem in European economic history – a veritable deus ex machina -- from medieval to modern times, is Europe’s supposed ‘balance of payments’ problem in trade with the ‘East’.
John H. Munro
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The Effects of Exchange Rate Changes on Trade Balance in Sudan [PDF]
One of the primary economic objectives of most developing countries is to improve their trade balance. Economists have suggested that trade deficit can be reduced through currency devaluation.
Ibrahim Ahmed, Ahmed Abd Allah
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"Real Exchange Rates and the International Mobility of Capital" [PDF]
This paper demonstrates that the terms of trade are determined by the equalization of profit rates across international regulating capitals, for socially determined national real wages.
Anwar M. Shaikh
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