Globalization, finance and growth

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    Working Paper
    Capital Flows, Exchange Rate Regime, and Macroeconomic Performance in Mexico

    This paper analyzes the short-term effects of foreign capital flows on aggregate demand in Mexico: their magnitude, transmission channels, and the possible influence of the country’s choice of exchange rate regime. The study is motivated by the...

    Working Paper
    Assessing the Impact of One Aspect of Globalization on Economic Growth in Africa

    Using panel data, this paper explores the effects of openness to international trade and foreign direct investment (FDI) on economic growth. Fixed-effect and adjusted fixed-effect (regional-effect) estimations yield results consistent with the...

    Working Paper
    The Market Place for Ideas

    The thought that the academy might function like a ‘market place for ideas’ has been influential in the economics of science and is increasingly so in the philosophy of science/economic methodology literature. This paper contributes to this...

    Working Paper
    Impact of Liberalization, Economic Growth and Trade Policies on Current Accounts of Developing Countries

    The objectives of this paper are to examine the impact of liberalization on trade deficits and current accounts for developing economies. Attempts at liberalization in trade could lead to an increase in imports in the short run and this could cause...

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    Theme: Past, 1985-97