Jernej Copic

David Hume provided the answer to Question 4· The inflow and outfl ow of gold serves to correct disequilibrium in trade, foreign exchange rates, and balance of

Koo, « Balance sheet recession is the reason for secular stagnation », dans: Coen Teulings et Richard Baldwin (éditeurs), Secular Stagnation: Facts, Causes, and Cures, CEPR,

(While it is realistic to assume that some industrial establishment already exists during the preconditioning period and is inherited at the beginning of the

the timing, feasible moves and payoffs of the game are all common knowledge.) We begin with static games with complete information; for these games, we focus on

Contrary to neo-classical theory, which considers the accumulation of physical capital as the only source of growth 4 , the models of endogenous growth are characterized

In their literature survey on the impact of African military spending on economic growth and development, Mohammed and Thisen reviewed studies that found both positive

• Rooting statistics in African realities, creating awareness about importance of statistics among users, getting national governments to give higher priority to statistics,

As a transition to the main theme developed in the second part, the report examines emerging development challenges in Africa, including world trade