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Full-Text Articles in Social and Behavioral Sciences
The Power Of The Brics In World Trade And Growth, Analysing The Macroeconomic Impacts Within And Across The Bloc, Ahmed Khalid
The Power Of The Brics In World Trade And Growth, Analysing The Macroeconomic Impacts Within And Across The Bloc, Ahmed Khalid
Ahmed Khalid
Extract: The BRICS is a composition of five emerging economies: Brazil, Russia, India, China and South Africa. The five countries together represent about 42 per cent of the world's population, over 24 per cent of all land, and about 20 per cent of the world's total GDP, contributing a combined nominal GDP of more than US$14.9 trillion. Over the past decade trade between the BRICS and other regions such as North America, the EU and Japan has surpassed the US$2 trillion mark. Trade within the BRICS countries is growing at an average of 28 per cent per annum, reaching more …
It's Not Yen, Euro Or Koala Bloc: Greenback Is Still Dominant In East Asia, Gulasekaran Rajaguru, Ahmed Khalid, Frank Barbera
It's Not Yen, Euro Or Koala Bloc: Greenback Is Still Dominant In East Asia, Gulasekaran Rajaguru, Ahmed Khalid, Frank Barbera
Ahmed Khalid
Given the nature of East Asia’s economic structure, interregional exchange rate stability is an essential requirement for regional economic integration. One way to achieve exchange rate stability is for the region to adopt an anchor currency. However, the choice of a potential anchor is an important question for policy planners. This paper examines the role of 5 major currencies as candidates for an anchor currency in the East Asian region. In particular, the paper examines the dynamic linkages between a selected sample of East Asian currencies with each potential anchor currency, the Australian dollar, Japanese yen, euro, US dollar and …