Journal of World Economic Research

Volume 3, Issue 6, December 2014

  • The European Export Support as a Strategic Challenge and a Precondition for the EU Economic Growth

    Arnošt Böhm, Iva Šírová

    Issue: Volume 3, Issue 6, December 2014
    Pages: 65-71
    Received: Oct. 23, 2014
    Accepted: Oct. 31, 2014
    Published: Nov. 17, 2014
    DOI: 10.11648/j.jwer.20140306.11
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    Abstract: The European Union lost its priority status within the global economy, both in terms of exports growth rate and also its share in the global exports. And it just happened in a situation when the growth of economic involvement of individual countries or groups of countries is not only considered as an important indicator, but also a factor of econom... Show More
  • An Econometric Analysis of the Determinants of Foreign Exchange Reserves in Bangladesh

    Md. Niaz Murshed Chowdhury, Mohammed Jashim Uddin, Dr. Mohammad Saiful Islam

    Issue: Volume 3, Issue 6, December 2014
    Pages: 72-82
    Received: Nov. 05, 2014
    Accepted: Nov. 12, 2014
    Published: Nov. 17, 2014
    DOI: 10.11648/j.jwer.20140306.12
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    Abstract: This study undertakes an econometric analysis of the determinants of foreign exchange reserves. Yearly time series data have been used to figure out that type of relevant variables that are very much momentous for the determinants of foreign exchange reserves. This paper attempts to identify the key determinants of foreign exchange reserves in Bang... Show More
  • Determinants of Inflation in Bangladesh: An Econometric Investigation

    Samim Uddin, Md. Niaz Murshed Chowdhury, Dr. Mohammad Abul Hossain

    Issue: Volume 3, Issue 6, December 2014
    Pages: 83-94
    Received: Nov. 04, 2014
    Accepted: Nov. 15, 2014
    Published: Nov. 20, 2014
    DOI: 10.11648/j.jwer.20140306.13
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    Abstract: Both the increase and the decrease of inflation rate (General Price level) are like a two side sharpened razor in an economy like Bangladesh. They both are harmful for an economy. Therefore, it has been attempted here to know about some experimented determinants of inflation. Moreover, in this respect a well-known econometric technique, namely, Aut... Show More
  • Monetary and Fiscal Policy Shocks and Economic Growth in Kenya: VAR Econometric Approach

    Mutuku Cyrus, koech Elias

    Issue: Volume 3, Issue 6, December 2014
    Pages: 95-108
    Received: Oct. 31, 2014
    Accepted: Nov. 19, 2014
    Published: Nov. 25, 2014
    DOI: 10.11648/j.jwer.20140306.14
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    Abstract: In macroeconomic policy design and management, monetary and fiscal policies are of great essence. However, the relative effectiveness of these policies has been subject to debate in both theoretical and practical realms for a long period of time. This paper investigated the relative potency of the policies in altering real output in Kenya using a r... Show More
  • National Stock Exchanges (NSE) and National Economic Development: A Vector Autoregressive Modelling Approach with Data from Thirty (30) Sub-Saharan Countries (2000-2013)

    Joseph Alimamy Thullah

    Issue: Volume 3, Issue 6, December 2014
    Pages: 109-118
    Received: Oct. 29, 2014
    Accepted: Nov. 15, 2014
    Published: Nov. 27, 2014
    DOI: 10.11648/j.jwer.20140306.15
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    Abstract: Using both Vector Auto Regression (VAR) and Pooled Least Squares Regression (PLSR) analysis, this paper demonstrated the contributions of a formidable National Stock Exchange (NSE) to national economic development, especially in war-affected and disaster-stricken economies in the Sub-Saharan Africa (SSA). A panel data for thirty (30) SSA economies ... Show More
  • Commercialization of Smallholder Farmers and Its Welfare Outcomes: Evidence from Durgapur Upazila of Rajshahi District, Bangladesh

    Md. Ataul Gani Osmani, Md. Khairul Islam, Bikash Chandra Ghosh, Md. Elias Hossain

    Issue: Volume 3, Issue 6, December 2014
    Pages: 119-126
    Received: Dec. 21, 2014
    Accepted: Dec. 27, 2014
    Published: Jan. 06, 2015
    DOI: 10.11648/j.jwer.20140306.16
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    Abstract: Agriculture is the mainstay of Bangladesh economy. It plays important role to the growth and development of the economy of the country. Most of the farmers of Bangladesh are marginal and small farmers. They consume most part of their produced commodities. The market participation rate of them with surplus production is very low. Therefore, the main... Show More