The Impact of Capital and Foreign Exchange Flows on the Competitiveness of Developing Countries

2010 ◽  
Author(s):  
Damyana Bakardzhieva ◽  
Sami Ben Naceur ◽  
Bassem Kamar
1969 ◽  
Vol 9 (2) ◽  
pp. 212-223 ◽  
Author(s):  
Joseph J. Stern

Developing countries generally are not only concerned with the level of their export earnings but also with the commodity and geographic composition of exports, and, to a lesser extent, of imports. Concern over a high degree of commo¬dity structure in exports is usually based on its presumed association with adverse price movements. A more diversified export commodity structure will reduce the impact on the overall level of foreign-exchange earnings from price fluctuations in any particular commodity. While concentration on a few commodities need not be identified with being a primary commodity exporter, for many developing countries a high degree of commodity concentration is often correlated with the exports of primary commodities [6 ; 9]. The familiar terms-of-trade argument, the belief that the relative price of primary commodity exports will fall, over the long run, as compared to the price of industrial goods imports, provides a second rationale for seeking a diversification in the composition of exports. Even in the short run the prices of most primary products in interna¬tional trade vary more sharply from year to year than those of most industrial products thus providing an additional incentive for decreasing commodity con¬centration [5].


2010 ◽  
Vol 10 (154) ◽  
pp. 1 ◽  
Author(s):  
Bassem Kamar ◽  
Damyana Bakardzhieva ◽  
Samy Ben Naceur ◽  
Sami Ben Naceur ◽  
◽  
...  

Author(s):  
Shady Ibrahim Hassan Shehada

External borrowing is one of the alternatives to help countries, especially developing ones, to overcome capital scarcity, and in light of the spread of the Corona pandemic that threatens both developed and developing economies. Most developing countries have turned to external borrowing to deal with the repercussions of the Coruna epidemic. Egypt, like other countries affected by the Corona pandemic, therefore this study aimed to study the impact of the Corona pandemic on the expansion of external borrowing in Egypt, where the researcher focused on the size of external loans before and after the pandemic. To achieve this object, the researcher relied in his methodology on the descriptive analytical approach through dealing with information and studies on the subject of the research, with the use of the quantitative approach in presenting data and analyzing it. The study concluded that the Corona pandemic had negatively affected government revenues from foreign exchange in Egypt, which led to a decline in the Egyptian foreign reserve, which leads to expansion in external borrowing and more foreign loans.


2018 ◽  
pp. 70-84
Author(s):  
Ph. S. Kartaev ◽  
Yu. I. Yakimova

The paper studies the impact of the transition to the inflation targeting regime on the magnitude of the pass-through effect of the exchange rate to prices. We analyze cross-country panel data on developed and developing countries. It is shown that the transition to this regime of monetary policy contributes to a significant reduction in both the short- and long-term pass-through effects. This decline is stronger in developing countries. We identify the main channels that ensure the influence of the monetary policy regime on the pass-through effect, and examine their performance. In addition, we analyze the data of time series for Russia. It was concluded that even there the transition to inflation targeting led to a decrease in the dependence of the level of inflation on fluctuations in the ruble exchange rate.


2017 ◽  
Vol 25 (1) ◽  
pp. 47-65
Author(s):  
Tapiwa V. Warikandwa ◽  
Patrick C. Osode

The incorporation of a trade-labour (standards) linkage into the multilateral trade regime of the World Trade Organisation (WTO) has been persistently opposed by developing countries, including those in Africa, on the grounds that it has the potential to weaken their competitive advantage. For that reason, low levels of compliance with core labour standards have been viewed as acceptable by African countries. However, with the impact of WTO agreements growing increasingly broader and deeper for the weaker and vulnerable economies of developing countries, the jurisprudence developed by the WTO Panels and Appellate Body regarding a trade-environment/public health linkage has the potential to address the concerns of developing countries regarding the potential negative effects of a trade-labour linkage. This article argues that the pertinent WTO Panel and Appellate Body decisions could advance the prospects of establishing a linkage of global trade participation to labour standards without any harm befalling developing countries.


Author(s):  
Li Tan ◽  
Hua Deng

This paper did an empirical research on the impact of foreign exchange on the money supply, using Johansen co-integration testand getting a conclusion that the actions are in the same direction.


1996 ◽  
Vol 35 (2) ◽  
pp. 189-190
Author(s):  
Mir Annice Mahmood

This book, hereinafter referred to as the Guide, has been developed for those social analysts (e.g., anthropologists, sociologists, and human geographers) who have had little or no practical experience in applying their knowledge as development practitioners. In the past, development projects would be analysed from a narrow financial and economic perspective. But with the evolution of thinking on development, this narrow financial and economic aspect has now been broadened to include the impact on society as the very meaning of development has now come to symbolise social change. Thus, development is not restricted only to plans and figures; the human environment in its entirety is now considered for analysis while designing and implementing development projects.


1993 ◽  
Vol 32 (3) ◽  
pp. 332-335
Author(s):  
Willem Van der Geest

This volume reviews the nature and scope of informal financial markets in developing countries and elaborates on the theoretical and conceptual models which analyse 'financial repression' and other aspects of government intervention in financial markets. It also focuses on the consequences which the prevalence of informal financial markets in developing countries may have for monetary and exchange rate policy. In particular, it attempts to capture the functioning of informal, unregulated markets into macroeconomic models, working towards a general eqUilibrium model with informal financial markets. Two types of informal markets are analysed. The first are for informal lending at terms and conditions which differ greatly from those prevailing in the official banking system. The second are the 'parallel' markets for foreign exchange which tend to emerge in response to quantity restrictions on trade and administered allocation of foreign exchange to certain users at official rates, which are well below those on the parellel markets. The key question is whether these informal markets change the efficacy of monetary and credit policy-and, if they do, to what extent and in what direction? Two supporting appendices present econometric analyses of the efficiency of parallel currency markets and the degree of capital mobility in developing countries.


Sign in / Sign up

Export Citation Format

Share Document