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Macroeconomic Findings: Financial Autarky versus Financial Integration
Stokey, Lucas, and Prescott, 1989), our assumptions on u ensure that the autarky value function [OMEGA](a) is continuously differentiable, strictly increasing, and strictly concave for all a [member of] A.
But this empirical demonstration, though interesting and important in its own right, has limited interpretive implications because scholars long have understood that, implicitly or explicitly, all parts of the Nazi drive for autarky in the 1930s derived from military considerations.
The Southern Districts of Khyber Pakhtunkwha has thousands acres land laying barren, if this land is bring under cultivation by constructing maximum number of small dams, the provincial government can easily get food autarky.
The French automaker did not keep its promise, bowed to the US sanctions, and abandoned its largest foreign client; however, Iranian auto industrialists seized the opportunity to reach autarky in manufacturing cars including Peugeot 405, Peugeot Pars, Peugeot 206, Samand, and Roi in 2013 in addition to manufacturing car parts which had been previously supplied by Peugeot," an ex-senior director of Iran's second-largest carmaker, Saipa, said.
You have a passionate belief in economic self-sufficiency, known by the Nazis as autarky and the Scots as oil.
by Sharifa Sultani on 6 August, 2014 - 16:42 KABUL (Pajhwok): Experts say safe mine management could help Afghanistan achieve autarky, but the country could face a Congo-like situation if the government fails to ensure better handling of the vital sector Afghanistan comprised massive unexplored natural resources of copper, silver, gold, lithium, uranium, gas and fuel, estimating to worth billions of dollars.
I once asked the trade-sceptic Dani Rodrik, who says that there are instances where autarky has also been associated with growth, whether growth associated with autarky was sustainable.
Besides, transfer of technology Chinese experts have also trained Pakistani counterparts so that they could disseminate their knowledge to their colleagues to make the country achieve food autarky.
In this Policy Brief we argue that the economic development of emerging economies still requires a type of industrialization that can deliver high-quality employment, that is aligned with the international division of labour, and that would not lead to autarky, or a reversal of global gains in establishing openness in trade.
He said that there are a host of other reasons including food autarky and food self-sufficiency which warrants sustained and regular production of domestically produced urea.
Consider now a hypothetical equilibrium, the Equivalent Autarky Equilibrium introduced by Deardorff and Staiger (1988), where production equals consumption, at the same product prices and at the same utility level as in the trading equilibrium.
This section solves for the dynamic behaviour of this economy under autarky.
They have remained in an autarky cycle of consumption driven development where consumption leads to life improvement and then brings GDP growth.
Instead of openness to the global economy, Burma practised autarky and import substitution under a tyranny that shut itself off from the world.
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