Liberalization

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  • The 1980s and 1990s have been critical periods for Thailand’s development. After an initial period of instability in the early 1980s, Thailand’s economy expanded at an average pace of 9 percent p.a. during 1987–96, while the number of households below the poverty line dropped from 32.6 percent in 1988 to 16.3 percent in 1996. During this period, Thailand’s economy also underwent deep structural changes, including the liberalization of its financial sector and the integration of its economy with global financial and product markets.

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  • This paper considers the main elements of the standard pattern of fi nancial liberalization that has become widely prevalent in developing countries. The theoretical arguments in favour of such liberalization are considered and critiqued, and the political economy of such measures is discussed. The problems for developing countries, with respect to fi nancial fragility and the greater propensity to crisis, as well as the negative defl ationary and developmental effects, are discussed.

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  • The three chapters of this report cover an assessment on the impacts of China ’s accession to the WTO (World Trade Organization), an analysis on Free Trade Areas in China, Japan and Korea, and an analysis on the perspectives and issues of Japanese and Korean direct investment in China, with a focus on technology transfer. These three areas represent the major issues related to the trend toward liberalized trade and investment in Northeast Asia.

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  • This paper considers the main elements of the standard pattern of fi nancial liberalization that has become widely prevalent in developing countries. The theoretical arguments in favour of such liberalization are considered and critiqued, and the political economy of such measures is discussed. The problems for developing countries, with respect to fi nancial fragility and the greater propensity to crisis, as well as the negative defl ationary and developmental effects, are discussed.

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  • The Limits to Liberation in Southern Africa: The Unfinished Business of Democratic Consolidation.The essays in this volume examine a developing political contradiction in Southern Africa represented by the fact that movements which spearheaded mass popular struggles for liberation from colonial rule have in power developed into authoritarian, undemocratic and increasingly corrupt ruling regimes. By contrast, countries like Botswana and Lesotho which achieved independence by negotiation and without mass mobilisation have developed into mature multi-party democracies....

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  • The modern State is the distinctive product of a unique civilization. But it is a product which is still in the making, and a part of the process is a struggle between new and old principles of social order. To understand the new, which is our main purpose, we must first cast a glance at the old. We must understand what the social structure was, which—mainly, as I shall show, under the inspiration of Liberal ideas—is slowly but surely giving place to the new fabric of the civic State. The older structure itself was by no means primitive. What...

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  • This book is the product of a conference, held in October 2000, that brought together many of the nation’s top experts to evaluate issues of structure and process in the People’s Liberation Army (PLA). The editors believe that fundamental knowledge about the PLA can be ascertained from the study of its organizational structure, and

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  • This book began as a blog. That’s the twenty-first-century way of saying it began as a conversation. And that conversation started with Jason Kottke, the blogger who coined a phrase, “liberal arts 2.0,” that made us wonder: What might that mean? Pile on some posts at Snarkmarket by the two of us and our co-blogger Matt Thompson, and threads began to form. Mix in smart, curious commentary from the Snarkmarket community, and an opportunity emerged.

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  • The empirical relationship between capital controls and the financial development of credit and equity markets is examined. We extend the literature on this subject along a number of dimensions.Specifically, we (1) investigate a substantially broader set of proxy measures of financial development; (2) create and utilize a new index based on the IMF measures of exchange restrictions that incorporates a measure of the intensity of capital controls; and (3) extend the previous literature by systematically examining the implications of institutional (legal) factors.

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  • This paper documents evidence of business cycle synchronization in selected Asia Pacific countries in the 1990s. We explain business cycle synchronization by the channel of international capital flows. Using the VAR method, we find that most Asian countries experience boom-bust cycles following capital inflows, where the boom in output is mostly driven by consumption and investment. Empirical evidence shows that capital flows in the region are highly correlated, which supports the conclusion that capital market liberalization has contributed to business cycle synchronization in Asia.

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  • This paper considers the main elements of the standard pattern of nancial liberalization that has fi become widely prevalent in developing countries. The theoretical arguments in favour of such liberalization are considered and critiqued, and the political economy of such measures is discussed. The problems for developing countries, with respect to financial fragility and the greater propensity to crisis, as well as the negative deflationary and developmental effects, are discussed.

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  • The role of interest rate in the determination of investment and, hence economic growth, has been a matter of controversy over a long period of time. Yet, what constitutes an appropriate interest rate policy still remains to be a puzzling question. Until the early 1970s, the main line of argument was that because the interest rate represents the cost of capital, low interest rates will encourage the acquisition of physical capital (investment) and promotes economic growth. Thus, during that era, the policy of low real interest rate was adopted by ...

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  • 1. Economics and Liberating Theory Unlike mainstream economists, political economists have always tried to situate the study of economics within the broader project of understanding how society functions. However, during the second half of the twentieth century dissatisfaction with the traditional political economy theory of social change known

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  • The term "liberalism," from the Latin "liber" meaning "free," referred originally to the philosophy of freedom. It still retained this meaning in Europe when this book was written (1927) so that readers who opened its covers expected an analysis of the freedom philosophy of classical liberalism. Unfortunately, however, in recent decades, "liberalism" has come to mean something very different. The word has been taken over, especially in the United States, by philosophical socialists and used by them to refer to their government intervention and "welfare state" programs.

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  • This book has been in the making since 2002, when the Ford Foundation generously gave a grant to the International Center for Research on Women (ICRW) for a project to explore the linkages between trade liberalization, women’s employment, and reproductive health and rights at the macro- and micro-levels.

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  • fast pace. As part of the structural adjustment programmes of the late 1980s and early 1990s Bangladesh undertook a number of initiatives towards trade liberalisation and trade promotion to stimulate exports and encourage investment in export-oriented activities. The major objective of these reforms was removal of anti-export bias, introduction of incentives for exports and facilitation of participation in global labour market.

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  • Tham khảo sách 'the end of loser liberalism: making markets progressive', kinh doanh - tiếp thị, quản trị kinh doanh phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả

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  • Tham khảo sách 'market liberalism, growth, and economic development in latin america', kinh doanh - tiếp thị, quản trị kinh doanh phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả

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  • Be prepared, learn all you can, both broadly and specifically. That is, become as well-rounded as you can. Concentrating on sports and beer will serve you well in some settings, but will not be enough for most others. The more knowledgeable you are, the higher you can rise, and a liberal education will add to the scope and quality of your judgment. At the same time, employers want to know what you can do well, and it is valuable to become expert in some particular sphere(s).

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  • Over the last twenty years, asylum has become one of the central issues in the politics of liberal democratic states. In 1993 the German Parliament embarked upon the politically onerous task of amending the country’s constitution, the Basic Law, in order to slow the arrival of asylum seekers on to state territory.

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