North-South Linkages and International Macroeconomic Policy

North-South Linkages and International Macroeconomic Policy PDF

Author: David Vines

Publisher: Cambridge University Press

Published: 1995-09-21

Total Pages: 436

ISBN-13: 9780521462341

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Researchers have begun to apply economic techniques initially developed to analyse the industrialised countries to analyse North-South interactions in the world economy. This volume, derived from a CEPR conference, brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers use the advances in the use of the major macroeconomic models to simulate global and inter-regional interactions, and to analyse the implications for the South of macroeconomic developments in the North. They also examine international policy questions in a genuinely global context, and consider the design of policy packages for the Third World (aid versus trade, growth-oriented adjustment) in an empirical context. This volume provides a useful overview of the flourishing research area relating to interactions between North and South, and highlights areas where future research is needed.

Changing Nature of North-South Linkages

Changing Nature of North-South Linkages PDF

Author: Çigdem Akin

Publisher: International Monetary Fund

Published: 2007-12

Total Pages: 64

ISBN-13:

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This paper examines the changing nature of growth spillovers between developed economies, the North, and developing countries, the South, driven by the process of globalization?the phenomenon of rising international trade and financial flows. We use a comprehensive database of macroeconomic and sectoral variables for 106 countries over the period 1960- 2005. We consider the South to be composed of two groups of countries, the Emerging South and the Developing South, based on the extent of their integration into the global economy. Using a panel regression framework, we find that the impact of the Northern economic activity on the Emerging South has declined during the globalization period (1986-2005). In contrast, the growth linkages between the North and Developing South have been rather stable over time. Our findings also suggest that the Northern and Emerging Southern economies have started to exhibit more intensive intra-group growth spillovers.

North-South Dialog

North-South Dialog PDF

Author: United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade

Publisher:

Published: 1980

Total Pages: 284

ISBN-13:

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International Macroeconomics in the Wake of the Global Financial Crisis

International Macroeconomics in the Wake of the Global Financial Crisis PDF

Author: Laurent Ferrara

Publisher: Springer

Published: 2018-06-13

Total Pages: 298

ISBN-13: 3319790757

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This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Have North-South Growth Linkages Changed?

Have North-South Growth Linkages Changed? PDF

Author: Mr.Alexander W. Hoffmaister

Publisher: International Monetary Fund

Published: 1996-05-01

Total Pages: 38

ISBN-13: 1451969627

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This paper provides preliminary econometric evidence suggesting that the traditional trade-based business cycle linkages between the North and the South have changed. Many countries in the South, in particular in Asia, appear to have become more resilient to cyclical movements in the North, and to have come to play a more significant role in sustaining global activity, in particular during the 1991-93 slowdown. A number of factors may have contributed to these changes: improved domestic policies and more open trade and exchange regimes; closer financial linkages with the North and a substantial increase in capital flows; a marked rise in inter-regional trade; and greater diversification of the exports of the South.

Trade Policy Issues in Asian Development

Trade Policy Issues in Asian Development PDF

Author: Prema-chandra Athukorala

Publisher: Routledge

Published: 1998-11-05

Total Pages: 261

ISBN-13: 1134701233

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This study examines issues of trade and policy in developing Asian economies such as Sri Lanka, Malaysia, India, Indonesia, Pakistan, South Korea, Taiwan and Thailand.

Economic and Political Institutions in Economic Policy

Economic and Political Institutions in Economic Policy PDF

Author: Vitantonio Muscatelli

Publisher: Manchester University Press

Published: 1996

Total Pages: 168

ISBN-13: 9780719049934

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Bringing together leading names from different economic disciplines, the volume includes chapters on elections and the economy, distributional policies and constitutional design, and government and the market.

North and South in the World Political Economy

North and South in the World Political Economy PDF

Author: Rafael Reuveny

Publisher: John Wiley & Sons

Published: 2009-02-26

Total Pages: 416

ISBN-13: 1444302949

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A broad yet distinctive analysis of the growing political, economic, and social gap existing between the world’s northern and southern hemispheres. Featuring papers selected by the ISA President from the 2006 annual meeting, this upper-level volume examines the genesis of the North-South divide, the ongoing policy problems between developed and lesser developed states, and how these issues influence current and future world politics. An upper-level text ideal for academic libraries, think tanks, and libraries of policy institutions Organized into three distinct focus clusters: Problems afflicting the global South -- trade, development, financial crises, structural adjustment, democratization, human rights, disease; Specific conflicts between North and South -- energy, terrorism, weak states, nuclear weapon proliferation; Solutions to reduce the North-South gap -- foreign aid programs, global media, democratization, political power in the United Nations, the emerging powers phenomenon, transnational social movements, and Northern foreign policy adjustments Tackles the tough questions likely to dominate international relations discourse for decades to come

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