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emerging market economies

Publication

Fiscal stimulus in a global zero lower bound environment

Fernando Garcia-Barragan and Guangling Liu
This paper investigates the effect of fiscal stimulus from an emerging market economy perspective. The model captures the signicant decline in China's net exports and remarkable quantity of resources that the Chinese government invested into the economy through state-owned enterprises in the...
Aug 2018
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Publication

Trends and Structural Changes in South African Macroeconomic Volatility

Stan Du Plessis and Kevin Kotze
The international financial crisis that started in 2007 and the subsequent end of the long expansion in South Africa has refocused attention on the business cycle. Prior to the crisis, the economies of both developed and developing countries experienced an extended period of low and stable...
Jun 2012
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