Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book discusses the impact of cameralism on the practices of governance, early modern state-building and economy in seventeenth- and eighteenth-century Europe. It argues that the cameralist conception of state and economy - a form of 'science' of government dedicated to reforming society while promoting economic development, and often associated mainly with Prussia - had significant impact far beyond Germany and Austria. In fact, its influence spread into Denmark, Sweden, Russia, Portugal, Northern Italy and other parts of Europe. In this volume, an international set of experts discusses administrative practices and policies in relation to population, forestry, proto-industry, trade, mining affairs, education, police regulation, and insurance. The book will appeal to early modernists, economic historians and historians of economic thought. MARTEN SEPPEL is Associate Professor of Early Modern History at the University of Tartu, Estonia. He holds an MPhil from the University of Cambridge. KEITH TRIBE has a PhD from the University of Cambridge and taught at the University of Keele (UK) from 1976 to 2002, retiring as Reader in Economics. He is now working as a highly regarded professional translator and independent scholar. Forthcoming work includes a new translation of Max Weber, Economy and Society Part One (Harvard University Press, 2018). His publications include Strategies of Economic Order (CUP, 1995/2007); The Economy of the Word. Language, History, and Economics (OUP, 2015); and (edited with Pat Hudson) The Contradictions of Capital in the Twenty-First Century (Agenda, 2016). Contributors: ROGER BARTLETT, ALEXANDRE MENDES CUNHA, HANS FRAMBACH, GUILLAUME GARNER, LARS MAGNUSSON, INGRID MARKUSSEN, FRANK OBERHOLZNER, GÖRAN RYDÉN, MARTEN SEPPEL, KEITH TRIBE, PAUL WARDE

Kameralistik. --- Mercantile system --- Mercantile system. --- Merkantilismus. --- Wirtschaft. --- History --- 1600-1799. --- Europa. --- Europe. --- Mercantilisme --- Cameralism --- Kameralism --- Mercantilism (Mercantile system) --- Balance of trade --- Economic policy --- capitalism. --- democray. --- economic development. --- economics. --- eighteenth century. --- european history. --- globalizations. --- government. --- industry. --- modernism. --- political science. --- seventeenth century.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Using a newly constructed dataset on trade in services for 192 countries from 1970 to 2014, this paper shows that services currently constitute one-fourth of world trade and an increasingly important component of global production. A detailed analysis of patterns and stylized facts reveals that exports of services are not only gaining strong momentum and catching up with exports of goods in many countries, but they could also trigger a new wave of trade globalization. Research applications of the trade in service dataset on structural transformation, resilience, labor reallocation, and income distribution are outlined.

Service industries. --- Free trade. --- Free trade and protection --- Trade, Free --- Trade liberalization --- International trade --- Industries --- Service industries --- Free trade --- E-books --- Exports and Imports --- Industries: Service --- Empirical Studies of Trade --- Economic Growth of Open Economies --- Trade: General --- Industry Studies: Services: General --- International economics --- Service exports --- Exports --- Trade in services --- Export performance --- Services sector --- Economic sectors --- Balance of trade --- China, People's Republic of

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The strong US policy response to the 2008-09 financial crisis raised concerns about its impact (spillovers) on other countries, with great focus on the monetary stimulus but little attention to fiscal policy, despite their combined deployment. Using a sign-restricted structural VAR approach, we study the trade spillovers of the post-crisis policy mix, by assessing the joint impact of monetary and fiscal policy. We find that aggregate trade effects, as reflected in the trade balance, varied across time, reflecting the different timing of fiscal and monetary stimuli, with overall positive spillovers in the immediate aftermath of the crisis. At the same time, reflecting the different transmission mechanisms of monetary policy, we find that the effects differed greatly between trading partners with fixed and flexible exchange rates. In general, our results highlight (i) the importance of studying fiscal and monetary policy spillovers jointly in order to avoid attenuation bias from omitted variables; and (ii) that trading partners’ exchange rate regimes are of first order importance in determining the impact of policy spillovers.

Exports and Imports --- Financial Risk Management --- Foreign Exchange --- Public Finance --- Monetary Policy --- Empirical Studies of Trade --- Fiscal Policy --- Financial Crises --- Trade Policy --- International Trade Organizations --- International economics --- Macroeconomics --- Currency --- Foreign exchange --- Economic & financial crises & disasters --- Trade balance --- Fiscal policy --- Exchange rate arrangements --- Financial crises --- Trade policy --- International trade --- Balance of trade --- Commercial policy --- United States

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This Technical Assistance Report discusses technical advice and recommendations given by the IMF mission to the authorities of Uganda regarding further development of estimates of quarterly GDP for expenditure components and the development of production accounts for main institutional sectors. Together with local counterpart staff, the IMF mission finalized the Microsoft Excel framework for producing the volume measure of constant price quarterly expenditure GDP. It is recommended that the Uganda Bureau of Statistics (UBOS) undertake a review of the regimes used for compiling the three different estimates of GDP. The UBOS should also carry forward the quarterly expenditure compilation process by developing the basis for a current price equivalent to the constant price Commodity Flow Model.

Exports and Imports --- Macroeconomics --- Public Finance --- International Investment --- Long-term Capital Movements --- Labor Economics: General --- Empirical Studies of Trade --- National Government Expenditures and Related Policies: General --- Macroeconomics: Consumption --- Saving --- Wealth --- International economics --- Labour --- income economics --- Public finance & taxation --- Capital flow management --- Labor --- Trade in services --- Expenditure --- Consumption --- Balance of payments --- International trade --- National accounts --- Capital movements --- Labor economics --- Balance of trade --- Expenditures, Public --- Economics --- Uganda

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This Selected Issues paper analyzes Hong Kong Special Administrative Region (SAR) banks’ exposure to nonbanking businesses in Mainland China. Hong Kong SAR banks are generally less exposed to riskier Mainland businesses. Despite that, a sharp deterioration in the balance sheet of Mainland businesses, as well as a sharper-than-expected downturn in the Mainland economy could negatively affect Hong Kong SAR banks, raising debt at risk well above suggested estimates. As Hong Kong SAR banks generally have sizable buffers against downside risks, the best approach to such a scenario is vigilance, including maintaining high origination and underwriting standards.

Finance --- Banks and Banking --- Exports and Imports --- Labor --- Macroeconomics --- Industries: Financial Services --- Accounting --- Current Account Adjustment --- Short-term Capital Movements --- Empirical Studies of Trade --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Wages, Compensation, and Labor Costs: General --- Retail and Wholesale Trade --- e-Commerce --- International economics --- Labour --- income economics --- Banking --- Monetary economics --- Financial reporting, financial statements --- Trade balance --- Current account surpluses --- Wages --- Current account --- International trade --- Balance of payments --- Loans --- Financial institutions --- Balance of trade --- Banks and banking --- Labor economics --- Hong Kong Special Administrative Region, People's Republic of China