... Izquierdo, and Talvi (2003) highlight this point from a slightly different ...Izquierdo, and Talvi (2003) stress that the limited external openness of Argentina’s economy required an extremely big real ...
... No obstante, cuando el balance posee una proporción alta de bienes con una elasticidad baja (p. e., petróleo o bienes con intensidad tecnológica alta) es posible que la composición d[r] ...
... There are two basic types of information that order flow can convey. The first is information about the stream of future cash flows (i.e., numerators in a security valuation model). In foreign exchange, this ...
... activity and avoid a prolonged ...problems and they were forced to undertake large consolidation ...of trade, the real exchange rate and the trade balance to fiscal ...the ...
... expenditure and is measured as the market value of all goods and services (including durable goods) purchased by ...real exchange rate to have a positive effect on import ...income and ...
... liberalization and opening of the financial markets, massive capital inflows, trade opening, andexchange-rate appreciation tend to generate growing external and financial fragility ...
... home and abroad. These losses, and the re-assessment of risks in emerging markets that was provoked by the Russian mora- torium, explain why the Russian crisis created greater turmoil in international ...
... local and producer currency pricing. Due to the containment effect of trade costs the benefits of the Home productivity improvement are tilted towards Home consumers in the sense that Home long-run ...
... Mexico and Argentina the improve- ment in payments positions was due primarily to ...the trade balance of Mexico from 1994 to 1995 of over $25 billion resulted mainly from a 33 per cent increase in export ...
... equilibrium exchange rate will have to take into account – current and cumulated – FDI inflows and FDI ...expectations and a fixed exchange rate regime economic agents will want to ...
... cum exchange rate appreciation” process did not count with public policies oriented to facilitating the transition and modernization of small- and medium-size ...change and the segmentation of ...
... imports and the real exchange rate have a negative effect on import growth (see the corresponding entries in the fisrt column, first and third panels of table ...prices and real ...
... securities and deferred ...1988, and after a tax reform in 1991 they became an important financing ...the exchange since 2003, and are akin to commercial ...firms and banks, with an ...
... reforms, tradeand labor reforms among ...candidates and the collapse of the international coffee agreement− prevented the reforms to actually take place that ...the trade reform was retaken, ...
... To any supposed rate of foreign exchange corresponds a determined amount of exports and imports and a determined áijjerence of the balance of trade of the country in question. The priecs[r] ...
... Workshop and the present volume on Trade, Sustainable Development and Gender was undertaken by a team led by Gloria-Veronica Koch, UNCTAD’s Focal Point on ...assistance and cooperation of a ...
... Nelson and Phelps (1966), Caselli and Coleman ...Nelson and Phelps (1966) develop a one sector economy where higher levels of human capital help to adopt new technologies from a world technology ...
... -Sinaloa and Chihuahua- where there was an increase of 144 % between 1980 and 2005 (Schwentesius-Rinder- mann, Márquez-Berber, Almaguer-Var- gas, Ayala-Garay, & Kalil Gardezi, ...
... Por último, aun cuando muchos países en desarrollo tendrán que recurrir a la exportación de manufacturas intensivas en recursos o trabajo, algunos, como los principales exportadores de m[r] ...