Mobility and Economic Performance

Introduction

In his paper entitled “Capital Mobility and Economic Performance: Are Emerging Economies Different?”, Edwards (2000) explores whether capital mobility influences different factors related to economic growth or not. His preliminary analysis focuses on arguing viewpoints of his colleagues that prove that capital mobility and the expansion of a country’s markets lead to significant improvements in its economic system.

We will write a
custom essay
specifically for you

for only $16.05 $11/page
308 certified writers online
Learn More

The author used the quantitative methodology in his work to refute the theories of other scholars and prove that of his (that appeared to be more reasonable and realistic than other papers suggested in the text). The estimation process developed by Edwards (2000) is based on the comparison of other scholars’ arguments and their evaluation of what has happened in real conditions of the economic environment after their presumptions. Also, the author explored whether their statements were applicable in practice or not.

Discussion

The main results and ideas that Edwards (2000) had a chance to find include that “the positive relationship between capital account openness and productivity performance only manifests itself after the country in question has reached a certain degree of development” (p. 16). Also, it is obvious that countries that do not have many distortions appear to develop faster and more effectively than their competitors in the global arena with certain regulations that somehow influence different operations in local financial markets (Edwards, 2000).

This article and the research developed by its author constitute a contribution to the professional literature by observing and analyzing the functioning of several economic theories in practice. Particular events in financial markets with the use of these assumptions were evaluated to understand their effectiveness and impact on different countries’ economic growth.

Conclusion

The conclusion of the article developed by Edwards (2000) refutes the theory of a country’s capital mobility and the positive impacts of its openness on both development and expansion in the sphere of economics. Instead, the fact of owning profitable markets and occupying beneficial positions on the platform of international trading operations becomes available only when a particular Commonwealth is stable enough.

Also, the paragraph of the conclusion explains that it is almost impossible to reach the point of capital mobility without being a financially successful state. Moreover, the first object that various developing economies must aim at implies their domestic markets as operations with foreign partners might not be permanent. Although the claims of the author seem to be reasonable, relevant, and trustworthy, the context of the article has to be reconsidered by contemporary professionals in the sphere of economics because it has been 18 years since the publication.

Bibliography

Edwards, S. (2000). Capital mobility and economic performance: Are emerging economies different? National Bureau of Economic Research, 1(1), 1-16. Web.

Get your
100% original paper
on any topic

done in as little as
3 hours
Learn More
Print Сite this

Cite this paper

Select style

Reference

StudyCorgi. (2021, February 14). Mobility and Economic Performance. Retrieved from https://studycorgi.com/mobility-and-economic-performance/

Work Cited

"Mobility and Economic Performance." StudyCorgi, 14 Feb. 2021, studycorgi.com/mobility-and-economic-performance/.

1. StudyCorgi. "Mobility and Economic Performance." February 14, 2021. https://studycorgi.com/mobility-and-economic-performance/.


Bibliography


StudyCorgi. "Mobility and Economic Performance." February 14, 2021. https://studycorgi.com/mobility-and-economic-performance/.

References

StudyCorgi. 2021. "Mobility and Economic Performance." February 14, 2021. https://studycorgi.com/mobility-and-economic-performance/.

References

StudyCorgi. (2021) 'Mobility and Economic Performance'. 14 February.

Copy to clipboard

This paper was written and submitted to our database by a student to assist your with your own studies. You are free to use it to write your own assignment, however you must reference it properly.

If you are the original creator of this paper and no longer wish to have it published on StudyCorgi, request the removal.

Psst... Stuck with your
assignment? 😱
Susan
Online
Psst... Stuck with your assignment? 😱
Do you need an essay to be done?
Yes
What type of assignment 📝 do you need?
Yes
How many pages (words) do you need? Let's see if we can help you!
Yes