His published research has focused on exchange rate and monetary theory and policy in open economies, the international monetary system and financial stability. (bankofcanada.ca)
Section 2 presents a theoretical framework that describes how a small open economy might be expected to adjust to a boom in commodity prices. (rba.gov.au)
We have always been a relatively small and open economy with close ties to other, much larger, economies. (bankofcanada.ca)