Download or read book On Managing Adjustment to External Shocks in Oil Importing Developing Countries written by Sanjeev Gupta and published by . This book was released on 1982 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adjustment in Oil Importing Developing Countries written by Pradeep Mitra and published by Cambridge University Press. This book was released on 1994-02-03 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses the impact of the oil price rises in the 1970s and 1980s on developing countries.
Download or read book External Shocks Policy Responses and External Debt of Asian Developing Countries written by Seiji Naya and published by . This book was released on 1984 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Oil Crisis and Economic Adjustments written by Andrew MacKillop and published by Burns & Oates. This book was released on 1983 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Case studies analysing the impact of petroleum price increase and monetary policies for major OECD countries on economic adjustment in petroleum exporting countries (Bangladesh, Sri Lanka, Kenya, Senegal, Peru and Jamaica) - examines commodity Terms of Trade, gross domestic products, current account deficit, external debt, energy consumption, and petroleum product prices; reviews world economic trends, 1970 to 1980, agricultural sector perspectives, and alternative energy source issues in developing countries. Graphs and statistical tables.
Download or read book Oil Shocks and External Balances written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-05-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the effects of demand and supply shocks in the global crude oil market on several measures of countries' external balance, including the oil and non-oil trade balances, the current account, and changes in net foreign assets (NFA) during 1975-2004. We explicitly take a global perspective. In addition to the U.S., the Euro area and Japan, we consider a number of country groups including oil exporters and middle-income oil-importing economies. We find that the effect of oil shocks on the merchandise trade balance and the current account, which depending on the source of the shock can be large, depends critically on the response of the nonoil trade balance, and differs systematically between the U.S. and other oil importing countries. Using the Lane-Milesi-Ferretti NFA data set, we document the presence of large and systematic (if not always statistically significant) valuation effects in response to oil shocks, not only for the U.S., but also for other oil-importing economies and for oil exporters. Our estimates suggest that increased international financial integration will tend to cushion the effect of oil shocks on NFA positions for major oil exporters and the U.S., but may amplify it for other oil importers.
Download or read book Energy Prices Substitution and Optimal Borrowing in the Short Run written by Ricardo Martin and published by . This book was released on 1981 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Shocks and External Adjustment written by Martin Bodenstein and published by . This book was released on 2007 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adjustment to Higher Oil Prices in Oil importing Developing Countries written by Joy Dunkerley and published by . This book was released on 1980 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Oil Price Shocks on Economic Growth in Middle Income Developing Countries written by Mark E. Hanson and published by . This book was released on 1988 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital importing Oil Exporters written by Alan H. Gelb and published by . This book was released on 1981 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book What Happens when a Country Does Not Adjust to Terms of Trade Shocks written by Ali Zafar and published by . This book was released on 2004 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis using a quantitative methodology to decompose responses to shocks shows that Gabons adjustment to adverse movements in the terms and trade from 1980 to 2000 was considerably weak in terms of three performance indicators import intensity, economic compression, and nonoil export promotion. While the economys growth rate was respectable, Gabonese policymakers postponed adjustment by resorting to considerable borrowing during this period. While there was some decrease in import intensity from 1987 to 1990 and 1996 to 2000, as well as slight nonoil export diversification from 1996 to 2000, the government borrowed from commercial banks and donors, causing its external debt/GDP ratio to increase from 30 percent of GDP in 1970-76 to 80 percent in 1999. To pay the debt service, it currently has to maintain large primary surpluses. Only since 1996 has there been significant fiscal retrenchment and a freezing of government wages"--Abstract.
Download or read book Does Aid Mitigate External Shocks written by Paul Collier and published by . This book was released on 2008 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Development Report 1981 written by and published by World Bank Publications. This book was released on 1981 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fourth in the World Bank's annual series assessing key development issues. Adjustment, global and national, to promote sustainable growth in the changing world economy is the main theme of this report. Recession and inflation in the industrial countries, together with the rise in oil prices, have been the main forces at work in the world economy in the 1970s. The report examines their effect on developing countries to see how adjustment has been managed and what lessons may be learned for the 1980s. Adjustment occurs through international trade and capital flows and through changes in national production and consumption patterns. The earlier chapters of the report present global and regional projections for the 1980s and consider international aspects of adjustment in trade, energy and finance. It then turns to adjustment problems of different groups of developing countries and a consideration of the prospects for human development. The report also includes the 1981 World Development Indicators, a set of 25 tables of economic and social indicators for 124 countries.
Download or read book Oil Price Shocks and Macroeconomic Adjustments written by Almukhtar S. Al-Abri and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recurring oil-price shocks that hit all economies in the world provide an opportunity to empirically test Friedman's hypothesis that flexible exchange regimes better absorb real external shocks. Using a sample of nine of the OECD's major oil-importing countries and Reinhart and Rogoff's de facto classification of exchange rate regimes, this paper examines whether the response of real output, prices, interest rate, and the real exchange rate to real oil-price shocks differ across exchange rate regimes. The results show that price level and the real exchange rate exhibit smoother adjustment to their long-run equilibrium when the de facto exchange rate regime was flexible. The paper also finds feedback from the real effective exchange rate and inflation rate to the domestic-currency real oil-price, supporting the growing notion that oil-price shocks are not purely exogenous to developed economies.
Download or read book Are External Shocks Responsible for the Instability of Output in Low Income Countries written by Claudio E. Raddatz and published by World Bank Publications. This book was released on 2005 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregression (VAR) approach and compares their relative contributions to output volatility in low-income countries vis-à-vis internal factors. He finds that external shocks can only explain a small fraction of the output variance of a typical low-income country. Internal factors are the main source of fluctuations. From a quantitative perspective, the output effect of external shocks is typically small in absolute terms, but significant relative to the historic performance of these countries.
Download or read book Liberalization in the Process of Economic Development written by Lawrence B. Krause and published by Univ of California Press. This book was released on 2023-11-10 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth in all developing countries is guided, and often accelerated, by generally intrusive policies implemented by governments intent on playing an active role in furthering development. As economies have grown and become more complex, however, even small market distortions are magnified, and the tendency is to rely more heavily on the market for continued growth. In this volume, leading experts in economic development examine the variety of issues that arise as governments in some of the newly industrializing countries of Southeast Asia, such as South Korea, Taiwan, and Singapore, grapple with this difficult process of liberalization. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1991.
Download or read book Short run Macro economic Adjustment Policies in South Korea written by Sweder van Wijnbergen and published by World Bank Publications. This book was released on 1981 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: This directory contains a wide range of information on the World Bank Group including: an alphabetical staff listing with contact details; details of its organisational structure and functions; and listings for networks, country offices, services and organisational codes.
