Where Does the Public Sector End and the Private Sector Begin?

Where Does the Public Sector End and the Private Sector Begin?

Author: Ian Lienert

Publisher: International Monetary Fund

Published: 2009-06

Total Pages: 32

ISBN-13:

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The real effective exchange rate (REER) is the most commonly used measure for assessing international competitiveness. We develop a methodology to estimate the REER that incorporates two distinctive elements that are not considered in the current literature and apply it to the Mediterranean Quartet (MQ) of Greece, Italy, Portugal, and Spain, whose common pattern of real appreciation has created concern in policy and academic circles. The two elements that we add to the existing literature are (i) product heterogeneity when identifying each country's international competitors and their weights and (ii) a comprehensive treatment of services exports. Our refined measure suggests a modest reduction in the observed REER gap between the MQ countries and the other euro area countries. In particular, considering product heterogeneity and services exports implies a lower real appreciation from 1998 to 2006 on the order of 2-3 percent for all MQ countries. These are difference-in-difference estimates relative to the results obtained for the rest of the euro area countries using the same methodology.


Global Perspectives on Development Administration and Cultural Change

Global Perspectives on Development Administration and Cultural Change

Author: Afolayan, Gbenga Emmanuel

Publisher: IGI Global

Published: 2016-08-30

Total Pages: 300

ISBN-13: 1522506306

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As countries around the world make continuous strides in developing their economies, it has become increasingly important to evaluate the different ways culture impacts the growth of a region. Global Perspectives on Development Administration and Cultural Change investigates the impact of economic growth on different demographics throughout the world. Identifying theoretical concepts and notable topics in the areas of economic development, organizational culture, and cultural shifts, this book is an essential reference source for policymakers, development planners, international institutions, public policy analysts, administrators, researchers, and NGOs.


Making a Place for Community

Making a Place for Community

Author: Thad Williamson

Publisher: Routledge

Published: 2014-06-03

Total Pages: 436

ISBN-13: 131779477X

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When pundits refer to the death of community, they are speaking of a number of social ills, which include, but are not limited to, the general increase in isolation and cynicism of our citizens, widespread concerns about declining political participation and membership in civic organizations, and periodic outbursts of small town violence. Making a Place for Community argues that this death of community is being caused by contemporary policies that, if not changed, will continue to foster the decline of community. Increased capital flow between nations is not at the root of the problem, however, increased capital flow within our nation is. Small towns shouldn't have to hope for a prison to open nearby and downtown centers shouldn't sit empty as suburban sparwl encroaches, but they do and it's a result of widely agreed upon public policies.