Wpływ zmian w postrzeganiu ryzyka inwestycyjnego przez inwestorów zagranicznych na dochód krajowy według modelu Mundella-Fleminga

Abstract

The aim of the study is to investigate the influence of changes in international investment risk perception on the growth of GDP in fixed and free-floating exchange rate regimes. In the analyses I used Mudell-Fleming model - a workhorse of open economic macroeconomics. The calculations indicate that in the case of increasing international investment risk countries with fixed exchange rates are exposed to the slowdown of the dynamic of GDP growth more than the countries with free floating exchange rate.