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Dominick Salvatore (born 1940) is an American economist, currently Distinguished Professor at Fordham University, an Honorary Professor at Shanghai Finance University, Hunan University, and University of Pretoria, Director of the Global Economic Policy Center and a Fellow of the American Association for the Advancement of Science and New York Academy of Sciences.
Salvatore Rossi has authored various articles, essays, and books on international economics, economic policy, and industrial economics. Competere in Europa (ed.), Il Mulino, Bologna, 1993; La bilancia dei pagamenti: i conti con l'estero dell'Italia, la lira, i problemi dell'unione monetaria europea, with R.S. Masera, CEDAM, Padua, 1993
Standard economic theory suggests that in relatively open international financial markets, the savings of any country would flow to countries with the most productive investment opportunities; hence, saving rates and domestic investment rates would be uncorrelated, contrary to the empirical evidence suggested by Martin Feldstein and Charles ...
The impossible trinity (also known as the impossible trilemma, the monetary trilemma or the Unholy Trinity) is a concept in international economics and international political economy which states that it is impossible to have all three of the following at the same time: a fixed foreign exchange rate; free capital movement (absence of capital ...
The economics of international finance does not differ in principle from the economics of international trade, but there are significant differences of emphasis. The practice of international finance tends to involve greater uncertainties and risks because the assets that are traded are claims to flows of returns that often extend many years ...
In international finance, the redundancy problem, also known as the n − 1 problem, is a problem of inequality of the number of policy instruments and the number of targets at the international level, [1] suggested by Robert Mundell in Robert Mundell (1969). [2] [3] This problem does not occur at the one-country level. [2]
The Global Economic Symposium notably hosts the Global Solutions Summit, where politicians, NGOs, think tanks, and business leaders meet to discuss solutions to global challenges. [13] The goal of the summit is to discuss solutions to urgent global problems and present a range of policy recommendations for international organizations.
Technology Gap Theory is a model developed by M.V. Posner in 1961, which describes an advantage enjoyed by the country that introduces new goods in a market. [1] The country will enjoy a comparative advantage as well as a temporary state of monopoly until other countries have achieved the ability to imitate the new good.