连结 发表于 2025-3-21 17:09:28
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Foreign Currency Borrowing and Foreign Debt Sustainability,Development Bank (IDB) and the PetroCaribe arrangement with Venezuela. A Debt Sustainability Analysis (DSA) shows that increases in imports and the Treasury bill rate reduce the sustainability of Jamaica’s foreign currency debt, while improved by growth in real GDP. A larger foreign currency debt st离开可分裂 发表于 2025-3-22 00:48:24
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Current Account Subgroups and Real Exchange Rate Dynamics,the negative impact of the goods balance and the net income balance on the current account outweighs the positive arising from the services and current transfers. No relationship exists between the Real Exchange Rate (RER) and construction imports nor the RER and other machine imports. The analysisNOTCH 发表于 2025-3-22 10:12:09
Currency Depreciation and Economic Growth,mestic currency in one year leads to a potential loss of 0.3 percent to GDP growth in the year that follows. Over the 33-year period, total potential losses to GDP growth amounted to little less than US $4.5 billion. The findings suggest that pursuing policies to stabilize the exchange rate can leaddefile 发表于 2025-3-22 16:30:20
Balance of Payments and Capital Account Sustainability,nt and capital account balance necessary to sustain economic activity. The results show that positive shocks to openness and domestic credit cause an increase in the optimal capital requirements needed to sustain economic activity over time. Corruption in Jamaica has a negative impact on the flow ofdefile 发表于 2025-3-22 20:27:30
Net International Reserve Adequacy and the Optimal Reserves,ernational reserves for emerging market countries: A new formula and some applications. IMF, Working Paper, WP/06/229, 2006) and corroborated by a simple model proposed by Heller (., 76, 296–311, 1966). According to the model, the targeted level of reserves is 8.9 percent of GDP averaging US $1.226CONE 发表于 2025-3-22 21:45:42
Foreign Direct Investment, Savings, Investment and GDP Growth, and GDP growth. The findings suggest that there is a negative relationship between real GDP growth and FDI, contrary to the proposition of the existing literature. Less developed financial systems and high inefficiency in the domestic economy results in misallocation of foreign capital in some inst恩惠 发表于 2025-3-23 04:37:37
Commercial Banks and the Monetary Transmission Mechanism,ass-through process has improved. Stability tests confirm that monetary policy instruments display two different variances from 1990 to present. The first episode of high interest rate and high volatility occurred from 1990 to 1997 during the initial stages of liberalization of the financial sector.维持 发表于 2025-3-23 09:02:52
Concluding Remarks and Policy Recommendation, and productivity necessary for sustained economic development. Declining labor productivity and slow infrastructural development coupled with government inefficiency and ulterior motives has prevented the country from entering a steady-state growth path towards development. Jamaica’s aim to achieve