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| | Open Economics |
 | | Open economics considers the economy to be composed of economic entities which are called Peers, these may indeed be households or firms, however they may also other types of entity. | | | The concept, however, goes farther than the Sustainable Economists statement view that the economy is an open sub-system of the eco-system. | | | In open economics, non-monetary transactions are playing an increasingly important role. |
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http://www.grayshott.demon.co.uk/openeconomy/openeconomy.html
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| | Gift economy - Wikipedia, the free encyclopedia |
| | A gift economy is an economic system in which goods and services are given, rather than traded. | | | The sharing economy is an effort to describe sharing in economic terms. | | | However, several people raised concerns that future reciprocation may be expected, beyond the prestige. |
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http://en.wikipedia.org/wiki/Gift_economy
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| | Open economy |
| | A loose description of an economy where goods, services and funds flow freely in and out; ie, there are no import quotas or export restrictions or exchange controls in the way of financial transactions. |
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http://www.anz.com/edna/dictionary.asp?action=content&content=open_economy
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| | OPEN ECONOMY MACROECONOMICS |
| | Open economy macroeconomics involves the interactions of trade, output, employment and price levels among different nations. | | | The "law of one price" states that in absence of transportation costs and trade barriers identical goods must sell at the same price in all markets. | | | Monetary policy affects net foreign investment, as well as domestic investment. |
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http://www.people.memphis.edu/~vfarber/OpenEc.htm
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| | Regional: Business and Economy - Open Site |
| | A business is a commercial enterprise within the economy that undertakes economic activities. | | | The money that is exchanged by a consumer for goods and services from the business is known as sales revenue. | | | The main goal of most businesses is profit maximization, although businesses may also aim to maximize sales, increase market share, provide quality products, provide employment, gain prestige, provide important goods and services to society or be self-employed. |
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http://open-site.org/Regional/Business_and_Economy
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| | Open economy macroeconomics, Henry Thompson |
| | The economy is open to foreign trade given the BOT in the IS curve, and open to foreign investment at the foreign real interest rate r*. | | | Even if there is slack in the economy, it is an open question whether expansionary monetary policy is the best way to eliminate it. | | | Some economists favor active monetary or fiscal policy to manage economies at least in some circumstances, but there is increased pessimism among economists about the role of government in managing business cycles in the economy. |
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http://www.auburn.edu/~thomph1/macro.htm
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| | Open economy macroview |
| | If there is a change in relative commodity prices within an economy, industry supply curves shift to the right and to the left as labor and capital migrate from one industry to another in the wake of the change in relative profit opportunities. | | | Given all the possibilities, the final trade position of economy given a shift in its AS curve would be mixed depending on the time period under observation. | | | Thus it is possible for absorption, A, to exceed domestic output, if the trade balance, TB, is negative or imports, M, exceed exports, X. However, if a nation absorbs more than it produces or imports more than it exports, it must run down any cash reserve on hand or borrow funds to finance its deficit. |
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http://personal.ashland.edu/~jgarcia/Openeconomymacroview.html
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| | The Next Economy? [DRAFT!] |
| | Indeed, when one considers the increasing opacity of products in the context of the growing importance of services to the economy, it suggests that transparency is and will become a particularly important issue in the next economy. | | | Indeed, all other things being equal, from the point of view of consumers, merchants selling products that can survive scrutiny, and the economy as a whole, increases in the transparency of product markets are always a good thing. | | | In the information-based sectors of the next economy -- indeed, in many sectors of the economy today -- the purchase of a good will no longer be transparent. |
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http://www.law.miami.edu/~froomkin/articles/newecon.htm
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| | Drazen, A.: Political Economy in Macroeconomics. |
| | Drazen's approach allows innovative treatment--using rigorous economic models--of public goods and finance, economic growth, the open economy, economic transition, political business cycles, and all of the traditional topics of macroeconomics. | | | He proposes that conflict or heterogeneity of interests should be the field's essential organizing principle, because political questions arise only when people disagree over which economic policies should be enacted or how economic costs and benefits should be distributed. | | | Here, in the first full-length examination of how political forces affect economic policy decisions, Allan Drazen provides a systematic treatment, organizing the increasingly influential "new political economy" as a more established field at the highly productive intersection of economics and political science. |
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http://www.pupress.princeton.edu/titles/6819.html
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| | ECON4330 - Open Economy Macroeconomics |
| | Other questions are the implications of openness for the effects of fiscal and monetary policy and how shocks from abroad impinge on the domestic economy. | | | This means that the current and capital accounts of the balance of payments take a central place. | | | Exchange rates and the foreign exchange market are given extensive coverage and, among policy questions, the choice of exchange rate system figures prominently. |
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http://www.uio.no/studier/emner/sv/oekonomi/ECON4330
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| | Sunday Times - South Africa's best selling newspaper |
| | For a small, open economy such as SA's, 65% of whose exports are resource-based, an environment of synchronised global growth and rising commodity prices is positive. | | | The primary worries are the record twin deficits of the federal budget and the trade balance; record private sector debt levels; net foreign debt to gross domestic product; and large under-funded pension schemes. | | | The US consumer continues to be the primary driver of the US economy, responsible for 70% of gross domestic product. |
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http://www.sundaytimes.co.za/2003/11/16/business/money/money01.asp
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| | Trade Tax Reform in a Small Open Economy with Distributional Objectives and Distortionary Taxation |
| | The paper shows that, if two conditions are satisfied, both radial contraction and concertina trade tax reforms continue to be desirable in a small open economy that differs from the one usually considered by having distributional objectives and using distortionary taxes to raise revenue. | | | These conditions mean that some care is required in arguing the case for simple trade tax reforms in small open economies. | | | The second is that pure profits are absent from every household's budget constraint. |
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http://www.bepress.com/bejeap/topics/vol1/iss1/art2
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| | Brian Doyle's New Open Economy Macroeconomics Homepage |
| | Gianluca Benigno, Pierpaolo Benigno and Fabio Ghironi's Monetary Policy Rules in Open Economies. | | | The 'New Open Economy Macroeconomics' simply refers to a growing body of literature that attempts to address open economy issues in a dynamic general equilibrium version of the open economy with nominal rigidities and market imperfections. | | | Clarida, Richard (2001), " The Empirics of Monetary Policy Rules in Open Economies," International Journal of Finance and Economics, 6(4) (October), 315-323. |
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http://www.geocities.com/brian_m_doyle/open.html
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| | Cultural Development in an Open Economy |
| | The results are presented and ranked in terms of both research priorities and challenges faced by the cultural industries in an open economy. | | | The basic purpose of the initiative was to assess the strengths and weaknesses of existing research and research capacity in this area within universities, other post-secondary institutions, government, and the private sector and to determine where significant needs and opportunities exist. | | | Research centres and networks should be encouraged and financially supported. |
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http://info.wlu.ca/~wwwpress/jrls/cjc/BackIssues/18.4/mcfad.html
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| | The Daily Star Web Edition Vol. 5 Num 2 |
| | An important exception is the somewhat discursive Epilogue where he puts the future of the Indian economy in the context of recent developments in the world economy and polity, and in the regional context. | | | To cater to such needs must also be a part of the "political economy" of reform and development. | | | His ready acceptance of the inevitability of the diminution of national sovereignty in an increasingly interdependent world economy will also not meet with ready approval from anti-globalisers. |
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http://www.thedailystar.net/2004/05/28/d405281501102.htm
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| | Open Economy Macroeconomics Homepage |
| | The Balance of Payments : New Perspectives on Open Economy Macroeconomics | | | The Open Economy: Tools for Policymakers in Developing Countries (Edi Series in Economic Development-World Bank Pub) | | | Macroeconomic Policy Analysis: Open Economies With Quantity Constraints |
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http://politics.ankara.edu.tr/~kibritci/oem.html
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| | Northeast Asia: Seizing the Opportunities of Globalization -- Speech by Horst Köhler, Managing Director, IMF |
| | We are reinforcing our regular surveillance of our members' economies, focusing increasingly on vulnerabilities in financial sectors and international capital markets, which have been at the root of the crises of the late 1990s in Asia and elsewhere. | | | And we are promoting a culture of transparency, in our own operations and by encouraging our members to publish our regular assessments of their economies. | | | But I would not call it a miracle: rather, it was the result of hard work, economic policies that encouraged business investment, and—not least—a strategy to participate and compete in the world economy. |
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http://www.imf.org/external/np/speeches/2004/022704.htm
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| | Australian Financial Review - Indian economy challenges China |
| | As Indian companies reduce costs and focus on competing with foreign companies in India's increasingly open economy, their earnings are also improving. | | | Construction of everything from ports to telecommunications networks has accelerated and Prime Minister Atal Bihari Vajpayee's support for a $10 billion nationwide road construction program is expected to be a boon for cement and steel companies. | | | But World Bank officials do say New Delhi's debt load is undercutting the government's ability to fund new infrastructure and development programs. |
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http://afr.com/articles/2003/09/25/1064083117814.html
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| | MSN Encarta - Search Results - open economy |
| | Exclusively for MSN Encarta Premium Subscribers--quickly search thousands of articles from magazines such as Time, Newsweek, The Atlantic Monthly, and Smithsonian. | | | MSN Encarta - Search Results - open economy | | | China : business and economy : Open Door Policy: Washington Conference |
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http://encarta.msn.com/open_economy.html
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| | Ontario Leadership Candidates Weigh-In |
| | The role of government is to provide a free and open economy in which the people within the industry can openly compete for customers. | | | It is Green Party tax policy to shift taxes from green, sustainable endevours onto unsustainable and undesirable ones. | | | Pro-activity often means government enforced preferences for one concern over another or public money directed at one concern and we would not support that in any way for any private concern." |
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http://www.standardbredcanada.ca/news/iss0903/ontario.html
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| | People's Daily Online -- China shows advantages of economy |
| | The other benefit is that it is more open to foreign direct investment. | | | All the Asian major economies have initially been driven by exports, but since the late 1990s China shifted focus to domestic housing, retail sales, automobiles and infrastructure. | | | China's fast economic growth depends on reform, as reform reallocates the economy's capital and labor. |
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http://english.people.com.cn/200410/13/eng20041013_160092.html
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| | Talkin' about a revolution: Support is key to the new open-source economy (InfoWorld) |
| | So, if the new economy is driven almost entirely by service and support, it would follow that companies will have to focus more on reliability and suitability of their software rather than features and glitz. | | | So if the open-source and free software movement is all about getting a good job, that isn't much of a new economy, is it? | | | Here's an even bigger shock: All programmers want to get paid for their work. |
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http://www.infoworld.com/cgi-bin/displayNew.pl?/petrel/990510np.htm
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| | TAP: Vol 15, Iss. 1. High-Wage America. Robert Kuttner. |
| | Yet some of the deregulation introduced in the 1970s and '80s overreached and has harmed both the larger economy and the distribution of income and good jobs. | | | However, even in a global, Internet economy, a goodly percentage of the workforce necessarily stays near its customers. | | | But taken together, they will produce an economy more productive and far more equal than we now have. |
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http://www.prospect.org/print/V15/1/kuttner-r.html
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| | The Slovak Spectator - Slovakia's English Language Newspaper |
| | The Slovak economy should become even more intertwined with that of the EU than it already is. The majority of the country's exports currently head towards the EU countries but economists expect their share to grow to more than 90 percent. | | | Opportunities to spend euro-funds will give lagging Slovak regions a chance to buoy their economies, especially those in eastern Slovakia, which suffer higher unemployment and a lower living standard than Bratislava and the western parts of the country. | | | Some analysts see the protests as an effort to make new member states, many of which have gone through painful reforms in order to liberalise their markets, adopt a model of stronger state administration, similar to those of the western EU countries. |
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http://www.slovakspectator.sk/clanok-16047.html
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| | Indian economy, Indian budget, analysis on government policies, banking in india, indian capital market, macro economic ... |
| | As the Indian economy goes from strength to strength, both tracking and tackling inflation has become absolutely essential for the Government and the RBI. | | | A monthly report that reviews the key aspects of the Indian economy such as GDP, growth in agriculture and industry, foreign trade, money & banking, progress on infrastructure projects, institutional fund flows and performance of key stock indices. | | | It is also important for an average Indian and the corporates to keep a watch on inflation in an interest rates sensitive atmosphere. |
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http://www.indiainfoline.com/econ
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| | Scoop: What Treasury & RBNZ Should Tell the Finance Min. |
| | Competitiveness would be improved by measures to enhance efficiency and reduce costs in the domestic sector of the economy. | | | * Increase competition Monopoly areas of the economy such as accident insurance should be opened up to competition, and there is scope for much greater private sector provision in areas such as health, education and prison services. | | | Inevitably, this means cycles in interest rates and exchange rates which firms trading internationally have to manage like any other business risk. |
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http://www.scoop.co.nz/mason/stories/BU0311/S00298.htm
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| | Fiscal Policy in an Imperfectly Competitive Dynamic Small Open Economy |
| | We find that the fiscal mutiplier is between zero and one, and provide sufficient conditions for it to be increasing in the degree of imperfect competition. | | | There is a traded and non-traded sector, whose outputs are combined in order to produce a single final good that can be either consumed or invested. | | | " Fiscal Policy in an Imperfectly Competitive Dynamic Small Open Economy," Papers 99/19, York (Canada) - Department of Economics. |
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http://ideas.uqam.ca/ideas/data/Papers/yoryorken99-19.html
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| | Open economy - Wikipedia, the free encyclopedia |
| | The act of selling goods or services to a foreign country is called exporting. | | | As well consumers have an opportunity to invest their savings outside of the country. | | | An open economy is an economy in which |
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http://en.wikipedia.org/wiki/Open_economy
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| | Open Economy Macroeconomics |
| | Trejos, A. and R. Wright (1995) “Search, Bargaining, Money and Prices,” Journal of Political Economy, 103: 118-141. | | | (1984) “A Monetary Equilibrium Model with Transaction Costs,” Journal of Political Economy, 92: 40-58. | | | *Correia, I., J. Neves and S. Rebelo, (1995) “Business Cycles in a Small Open Economy,” European Economic Review 39:1089-1113. |
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http://ameraz.host.net.kg/open_economy_macroeconomics.htm
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| | BBC NEWS Business Taiwan's economic future |
| | He is praised in some quarters for reforms he has introduced in the financial sector, and for developing the infrastructure in the south of the island which was long neglected by the Kuomingtang (KMT). | | | "This is because ruling parties always try to stimulate the economy prior to elections." | | | Ruling parties always try to stimulate the economy prior to an election |
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http://news.bbc.co.uk/2/hi/business/3524894.stm
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| | India, China set for big boom: UK economist |
| | Dr Gerard Lyons, chief economist at the Britain's Standard Chartered Bank, says that as late as 1866 Britain was producing only the same amount of steel from its blast furnaces as China had produced 800 years earlier. | | | He added that Western investors will soon be engaged in debates about whether India or China is the better country for investment, explaining that the right choice could result in huge economic returns. | | | India, China set for big boom: UK economist |
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http://www.rediff.com/money/2003/nov/11bpo1.htm
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| | business.iafrica.com business news Strong rand due to weak dollar - Ramos |
| | We have a small and open economy and it is not always clear that one should defend the currency at a particular level — there are very few cases where fixed or pegged rates make sense for the domestic economy." | | | Business News World News Economy company news Business in Africa Opinion Markets Randwatch Exchange Rates Features Entrepreneurs Budget 2005-2006 | | | My Money Take control of your financial future with our expert personal finance advice. |
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http://business.iafrica.com/news/283230.htm
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| | Open Economy In Sri Lanka |
| | Investors are provided with preferential tax rates, constitutional guarantees on investment agreements, exemptions from exchange control and 100% repatriation of profits. | | | From a regional perspective, the country's main advantages centre on its open foreign investment regime, its commitment to private enterprise & competition & its liberalized trading environment (where it is ranked 5th). | | | Today, Sri Lanka is ranked as the most liberalized economy in South Asia. |
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http://www.srilanka-lands.com/Sri-Lanka-Open-Economy.htm
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| | Open-Economy Inflation Targeting - Lars (ResearchIndex) |
| | Abstract: The paper extends previous analysis of closed-economy inflation targeting to a small open economy with forward-looking aggregate supply and demand with some microfoundations, and with stylized realistic lags in the different transmission channels for monetary policy. | | | The paper compares targeting of CPI and domestic inflation, strict and exible inflation targeting, and inflation-targeting reaction functions and the Taylor rule. | | | 7 Ination Targeting in an Open Economy: Strict vs (context) - Lars - 1997 |
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http://citeseer.ist.psu.edu/329086.html
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| | orderform |
| | "Currency Crises and Monetary Policy in an Economy with Credit Constraints". | | | Published under the title "Investor risk aversion and financial fragility in emerging economies" in Journal of International Financial Markets, Institutions and Money, | | | "Financial Liberalization and Volatility in Emerging Market Economies". |
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http://www.szgerzensee.ch/publications/orderform.htm
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| | The Daily Star Web Edition Vol. 4 Num 334 |
| | Prime Minister Khaleda Zia, who opened the BDF meeting at Hotel Sonargaon, and Finance Minister M Saifur Rahman, who heads the Bangladesh side, explained the government's position on the issues. | | | "I would suggest that strengthening local government, making government more open and accountable to citizens at the local level, is an agenda for public reform that is overdue..." | | | Saifur illustrated the government's economic successes amid an uneasy political environment and said the growth was likely to exceed 5.5 percent projected for this year. |
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http://www.thedailystar.net/2004/05/09/d4050901011.htm
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| | Wallace E. Oates |
| | Budget Balance and Equilibrium Income: A Comment on the Efficacy of Fiscal and Monetary Policy in an Open Economy | | | Global Environmental Management: Towards an Open Economy Environmental Economics | | | The Environment and the Economy: Environmental Policy at the Crossroads |
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http://www.rff.org/rff/Oates.cfm
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| | The Internet Economy Indicators |
| | The Internet Economy has grown more rapidly than anyone could have envisioned even five years ago, opening up new vistas of communication, collaboration and coordination between consumers, businesses and trading partners. | | | The Internet Economy now directly supports 3.088 million workers, more than the insurance, and real estate industries. | | | These figures -- the Internet Economy Revenues Indicator (tm) (IERI), the Internet Economy Jobs Indicator (tm) (IEJI), and the growth rate -- are the principal findings of fourth report on measuring the Internet Economy commissioned by Cisco Systems. |
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http://www.internetindicators.com
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| | Asia Times Online - The best news coverage from South Asia |
| | Nonetheless, the Indian multinationals are on a so-far modest but increasing global acquisition spree, aided by a strong rupee, easy access to credit and a newfound confidence in their abilities. | | | Then they discovered that the Japanese had paid outrageous prices for virtually every purchase, making the sellers enormously rich. | | | The Mergers and Acquisitions Service of the Center for Monitoring Indian Economy reports that until September this year, Indian companies acquired 35 foreign firms for a total of $600 million. |
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http://www.atimes.com/atimes/South_Asia/EK07Df01.html
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| | Scoop: Budget 2004: Attracting quality investment to NZ |
| | Governments around the world seek to attract additional foreign direct investment in order to improve the living standards of their people. | | | The Strategic Investment Fund (SIF) is Investment New Zealand's principal investment facilitation programme. | | | New Zealand has one of the most attractive overall business environments for investment in the world, but "good fundamentals" alone are not sufficient to attract the quality and quantity of new investment that a small, open economy like New Zealand's needs. |
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http://www.scoop.co.nz/mason/stories/PA0405/S00174.htm
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| | EconPapers: Search Results |
| | 9 World Finance and the US 'New Economy': Risk Sharing and Risk Exposure | | | 3 Robust Monetary Policy in a Small Open Economy | | | Keywords: Trade, Integration, open economy, macroeconomics, Business Cycle, Korea |
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http://netec.wustl.edu/WoPEc/data/JEL/F41.html
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| | www.NewEconomyIndex.org |
| | Rules of the Road: Governing Principles for the New Economy | | | Making the New Economy Grow: An Action Agenda | | | The New Economy: Benchmarks and Economic Development Strategies |
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http://www.neweconomyindex.org
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| | Growth In An Open Economy: Some Recent Developments (ResearchIndex) |
| | Growth In An Open Economy: Some Recent Developments (2000) | | | Growth In An Open Economy: Some Recent Developments (ResearchIndex) | | | Abstract: This paper discusses some of the recent developments in growth theory, doing so from the perspective of a small open economy. |
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http://citeseer.ist.psu.edu/303293.html
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| | Policy Rule Links |
| | The Performance of Simple Monetary Policy Rules in a Large Open Economy | | | Estimating a Taylor type monetary policy reaction function for the case of a small developing economy, (February 2000) Jose R. Sanchez-Jung | | | Open Economy Inflation Targetting, (May 1998) Lars E.O. Svennson, NBER Working Paper, No. 6545. |
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http://www.stanford.edu/~johntayl/PolRulLink.htm
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| | BBC NEWS Business Dubai's women lift veil on business |
| | As governments across the Gulf look to the private sector to provide more jobs for their growing populations, the city's experience will be one they will be closely watching. | | | Often arriving from other parts of the Arab world, they are attracted to Dubai by its booming economy - one report recently dubbed it the world's fastest growing city - and the ease of doing business there. | | | But in Dubai, at least, the debate has already shifted from who can run a business, to who can run it best. |
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http://news.bbc.co.uk/2/hi/business/3613888.stm
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| | OUP: Welfare and Work in the Open Economy: Volume II: Diverse R |
| | Readership: Scholars and students of political economy, comparative politics, sociology, economics, and business Volume I presents comparative analyses of differences in the vulnerabilities and capabilities of these countries, in the effectiveness of their policy responses, and in the role of values and discourses in the politics of adjustment. | | | Volume II presents in-depth analyses of the experiences of Australia, Austria, Belgium, Denmark, France, Germany, Italy, the Netherlands, New Zealand, Sweden, Switzerland, and the United Kingdom as well as special studies on the participation of women in the labour market, early retirement, the liberalization of public services, and international tax competition. | | | OUP: Welfare and Work in the Open Economy: Volume II: Diverse R |
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http://www.oup.co.uk/isbn/0-19-924092-2
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| | EconPapers: Towards New Open Economy Macroeconometrics |
| | Keywords: Open economy macroeconometrics ; Stationarity ; Shocks transmission (search for similar items in EconPapers) | | | Finally, I illustrate a practical application of the model, showing how a shock to the U.S. economy is transmitted to Canada under an inflation targeting monetary regime. | | | The model improves upon the recent literature in open economy macroeconomics from an empirical perspective. |
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http://econpapers.repec.org/paper/bocbocoec/469.htm
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| | SSRN-Closing Small Open Economy Models by Stephanie Schmitt-Grohe, Martin Uribe |
| | Keywords: Small Open Economy, Stationarity, Complete and Incomplete Asset Markets | | | The small open economy model with incomplete asset markets features a steady state that depends on initial conditions. | | | Schmitt-Grohe, Stephanie and Uribe, Martin, "Closing Small Open Economy Models" (November 12, 2001). |
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http://papers.ssrn.com/sol3/papers.cfm?abstract_id=290139
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